The Business Development Board of Palm Beach County has announced the expansion of Aventusoft

The Business Development Board of Palm Beach County has announced the expansion of Aventusoft, the inventor of the “HEMOTAG CPAS” cardiac diagnostic system, in Boca Raton. The company, led by founder and CEO Kaustubh Kale, was awarded an additional $3 million in funding from the National Institutes of Health. Aventusoft plans to add 10 new jobs at its office in Boca Raton and will create a capital investment of $6 million through the expansion.

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AVENTUSOFT AWARDED $3M TO EXPAND LIFE-SAVING INVENTION IN BOCA RATON

April 28, 2020 – BOCA RATON – The Business Development Board of Palm Beach County (BDB) is pleased to announce the expansion of Aventusoft, the inventor of the “HEMOTAG CPAS” cardiac diagnostic system, in Boca Raton. The company announced today that it was awarded an additional $3 million in funding from the National Institutes of Health (NIH), National Heart, Lung, and Blood Institute (NHLBI). Aventusoft plans to add 10 new jobs at its office located at 3651 FAU Blvd, #400 in Boca Raton and will create a capital investment of $6 million through the expansion.

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BOYNTON BEACH COMMUNITY REDEVELOPMENT AGENCY APPROVED $500K IN FUNDING FOR SMALL BUSINESS DISASTER RELIEF FORGIVABLE LOAN PROGRAM

Since its inception in 1982, the Boynton Beach CRA (BBCRA) has been redeveloping and revitalizing Boynton Beach’s east-west commercial corridors along US1/Federal Highway, from Gulfstream Boulevard to NE 26th Avenue. To spur economic development, the BBCRA has utilized incentive funding to recruit new businesses and assist in the expansion of existing businesses through its various grant programs and creative marketing strategies to promote and support its local businesses.

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SOUTH FLORIDA LIFE SCIENCE LEADERS TALK REGULATION ENHANCEMENT ON FLORIDA’S DRUG SUPPLY

April 23, 2020 – SOUTH FLORIDA – The Business Development Board of Palm Beach County (BDB), the Greater Fort Lauderdale Alliance of Broward County, and the Beacon Council of Miami-Dade County hosted a tri-county teleconference with the Florida Division of Drugs, Devices and Cosmetics of the Department of Business and Professional Regulation. The Chief, Compliance and Enforcement leader, Renee Alsobrook, and Director, Walter Copeland, tapped into the expertise of South Florida’s life science leaders to gain feedback from three perspectives; pharmacists, manufacturers, and distributors.

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PALM BEACH COUNTY MARCH UNEMPLOYMENT RISES TO 4.4 PERCENT, BUT DOESN’T REFLECT CURRENT REALITY OF UNPRECEDENTED COVID-19 IMPACT

West Palm Beach, Fla. (April 17, 2020) – March’s unemployment rate of 4.4 percent for Palm Beach County represents the first official measure of the initial employment impact of the COVID-19 crisis, but doesn’t reflect the current reality of anticipated record unemployment, according to the latest monthly reports released today by CareerSource Palm Beach County and the Florida Department of Economic Opportunity (all numbers not seasonally adjusted).

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GIFT OF LIFE DONATES 10,000 SWABS TO BOCA RATON REGIONAL BAPTIST HOSPITAL

BOCA RATON, Fla., March 27, 2020 /PRNewswire/ — Gift of Life Marrow Registry announced today it has donated 10,000 urgently needed swabs to Boca Raton Regional Hospital, part of Baptist Health, to aid in testing patients for COVID-19.  Area hospitals, like those across the country, are short of the supplies needed to identify coronavirus cases. Gift of Life uses the swabs to test tissue type when volunteer donors join the registry to determine donor compatibility with patients batting blood diseases such as leukemia, lymphoma and sickle cell.

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