Positive Impact: Arizona Angel Investor Tax Credit

Arizona’s Angel Investment Tax Credit program has proven to be extremely successful with a track record of more than a 2.3 to 1 return on investment. More than $420 million in financing is attributable to this program, in addition to the $62 million raised through the credits for investments. That combined ROI is 1,750% making the total economic impact to the Arizona’s economy an estimated $1.3 billion. This program is an essential instrument in Arizona’s economic development tool box and we cannot afford to lose it.
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Cancer Prevention Pharmaceuticals Completes Target Enrollment in Pivotal Phase 3 Clinical Trial Evaluating CPP-1X/sulindac in Patients with Familial Adenomatous Polyposis

Cancer Prevention Pharmaceuticals, Inc. (CPP), a private biotech company developing novel therapeutics to prevent cancer and other diseases, announced today that target enrollment has been achieved for the company’s pivotal Phase 3 clinical trial, CPP FAP-310, evaluating CPP-1X/sulindac in adults with familial adenomatous polyposis (FAP). FAP is a rare genetic disease that, if untreated, progresses to colorectal cancer in almost all cases. The trial has enrolled 166 patients at 21 research institutes in the United States, Canada and Europe.Continue reading