Money

Growing Arizona bioscience industry faces challenges

Arizona’s bioscience industry continues to grow, but a small venture capital stream and declining research funding pose challenges, according to a new report by the Flinn Foundation, a Phoenix-based organization that supports research and business activity in the sector.

Author of Brookings study claiming Phoenix suffers worst ‘brain drain’ revises numbers

A study analyzing which metropolitan areas retain their university graduates the most has come under fire after the Phoenix metro area landed in the basement of the rankings. Officials with the Maricopa Association of Governments and the Arizona Commerce Authority fought back, and the study’s author has revised the numbers.