CoorsTek to Acquire Covalent Materials Corporation

CoorsTek, Inc. the world's largest engineered ceramics manufacturer, and Covalent Materials Corporation, a leading Japanese engineered ceramics manufacturer, today announced that CoorsTek has reached a definitive agreement with the Carlyle Group and Unison Capital Group to acquire Covalent Materials. The parties expect the transaction to close on December 26, 2014.

Newly formed CoorsTek Medical hopes to become global medical-device leader

A Coors family business is going someplace where the portfolio of companies has never gone before -- toward trying to grab a significant share of the medical-device production sector.

Lifeloc Technologies to Purchase Corporate Headquarters in Wheat Ridge, Colorado

Lifeloc Technologies, a leader in the manufacture of professional breathalyzers for law enforcement and workplace testing announced today that it has entered into an agreement to purchase its currently leased premises in Wheat Ridge, Colorado. Barry Knott, president of Lifeloc commented that, "the building purchase assures us space for continued growth and provides long term savings over leasing. The location reinforces our commitment to Jefferson County, Colorado as a great place to do business."

A flu shot without a needle - PharmaJet injector gets FDA OK

The U.S. Food and Drug Administration has OK'd the use of PharmaJet Inc.'s needle-free injectors for flu shots, giving the Golden-based company its best chance to break into the domestic market for vaccine delivery.

Lifeloc Technologies Receives a $250,000 Grant from the Colorado Office of Economic Development for its Marijuana Breathalyzer Development

Lifeloc Technologies, a Colorado manufacturer and exporter of professional alcohol breathalyzers for use by Law Enforcement, Corrections, Schools and the Workplace is pleased to announce an award of $250,000 from the Colorado Office of Economic Development and International Trade (OEDIT) to accelerate the development of the world's first Marijuana Breathalyzer. Matching funds required by the grant will be provided by Lifeloc.

Did you know... Employment in Jefferson County's bioscience cluster accounts for 23% of all bioscience employment in the Metro Denver region.

Flagship Biosciences moves to Jefferson County

Flagship Biosciences LLC, a leading provider of tissue image analysis services to the pharmaceutical and medical device industries, has announced a laboratory and office relocation and expansion. The fast growing company has consolidated its histology and tissue analysis operations from separate locations in Aurora and Boulder to Westminster, CO, just north of Denver.

Colorado School of Mines ranked number one engineering school in U.S.

College Factual recently released a list of 281 engineering schools, and Goldens Colorado School of Mines earned the top spot, beating out notable institutions such as the Massachusetts Institute of Technology and the Georgia Institute of Technology. Also, the school announced that it just completed its most successful fundraising year with $47.8 million in gifts and $24.4 million in private non-governmental research funding.

GE Capital, Healthcare Financial Services Provides $9 Million to Cerapedics

GE Capital's Healthcare Financial Services (HFS) business has provided a $9 million term loan to Cerapedics, Inc., a privately-held medical device company based in Westminster, CO. The funds will be used to support Cerapedics' general business operations, including the advancement of its U.S. regulatory process.

dBMEDx Wins the Venture Showcase Competition at BioWest 2014

dBMEDx (Littleton) won the 2014 Venture Showcase competition at the BioWest Conference & Expo yesterday at the Marriott City Center Denver, receiving the $7,500 cash prize.

Did you know... The city of Lakewood is home to Colorado's only EtO (ethylene oxide) device sterilization facility. The facility is owned and operated by Terumo BCT.

Congratulations to Westminster-Based MedKeeper for Being Named a 2014 Colorado Company to Watch

MedKeeper announced today that it has been named a Colorado Company to Watch, acknowledging the drive, excellence and influence of MedKeeper as a growing company in the state. Colorado Companies to Watch annually honors select second stage companies that develop valuable products and services, create quality jobs, enrich communities, and create new industries throughout Colorado.

U.S. Patent and Trademark Office Opens Permanent Satellite Office in Colorado

Acting U.S. Deputy Secretary of Commerce Bruce Andrews and Deputy Under Secretary of Commerce for Intellectual Property and Deputy Director of the USPTO Michelle K. Lee, along with several elected officials, today participated in a ribbon-cutting ceremony to officially open the permanent location for the USPTO Rocky Mountain Regional Office in Denver, Colorado. Located in the Byron G. Rogers Federal Building in Denver's central business district, the new office will help the region's entrepreneurs advance cutting-edge ideas to the marketplace, grow their businesses, and more efficiently navigate the world's strongest intellectual property system.

Medical Devices Drive Colorado's Bioscience Industry

Colorado's bioscience industry has grown in recent years on the strength of its medical device companies, its medical labs and specialized medical distribution while other niches and the industry nationwide haven't fared as well.

Did you know... Colorado ranked third for the amount of private equity investments companies in the state received in 2012. 67 Colorado companies received $26.8 billion in 2012, or about 8% of the total US private equity investment.

Colorado Impact Fund Provides Greater Access to Capital

Colorado Impact Fund, which will also pair businesses with mentors and advisers, is likely to invest in 10 to 15 companies in the next five years. The fund has $62 million to invest, all from a group of about 20 Colorado investors. When it picks businesses for its portfolio - all from Colorado and all with at least $2 million in annual sales - it will look for the potential both for profits and for impact on the state. Companies are expected to improve health, conservation, economic development or education.

Did you know... The bioscience industry in Colorado encompasses more than 600 companies and employs 27,000, translating to more than 122,000 direct and indirect jobs, with an average salary of $84,000.

Terumo BCT Breaks Ground on International Headquarters

Terumo BCT broke ground on its new 125,000 square-foot global headquarters and manufacturing operations in Lakewood. The company will invest close to $45 million for the expansion and add about 250 jobs with average salaries of $69,000. Terumo BCT is one of Jefferson County's largest primary employers and is a global leader in blood component and cellular technologies

Did you know... Colorado ranked fourth in the nation for funds raised per worker from the SBIR grant program and received more than $75.1 million in 2012.

Colorado Bioscience Association

CBSA actively works to promote the growth of the industry by developing policies and programs to help the state's bioscience and medical device companies grow and prosper. Its mission is to support the regional bioscience community through advocacy, resources and advancement of opportunities for collaboration.