The new space, which is located within the Phoenix Bioscience Core<\/a> at McKinley and 5th streets, will help springboard the company\u2019s presence in the United States and the company said it will hire \u201capproximately 10 new employees over the first three years.\u201d<\/p>\n \u201cWith NeuroCatch, we look forward to contributing our own breakthrough in brain health, helping the Valley\u2019s impact outward to communities across the nation and around the world,\u201d NeuroCatch CEO Derek Norsworthy said in the release.<\/p>\n The company based in British Columbia, Canada, is known for its product the NeuroCatch Platform, which \u201cprovides objective, rapid and non-invasive cognitive assessments using electroencephalography-based (EEG) brain vital signs,\u201d according to the release.<\/p>\n Life365 (remote patient monitoring tech) and Aavia (a daily women\u2019s health app) are among the many other companies that have benefitted from the roughly $750,000,000 ASU and Mayo Clinic have raised through their MedTech Accelerator program.<\/p>\n Besides the building becoming the company\u2019s \u201cfirst major U.S. presence,\u201d it will add to the Phoenix Bioscience Core that has experienced significant growth \u2014 a 50% increase in workforce from 2018-2023 \u2014 on its 30 acres.<\/p>\n \u201c(Neurocatch\u2019s) expansion to the Phoenix Bioscience Core strengthens our growing ecosystem of researchers, clinicians and entrepreneurs who are redefining what\u2019s possible in neurotechnology,\u201d Phoenix Mayor Kate Gallego said. \u201cPhoenix is proud to be a place where innovation thrives and the future of health care<\/a> is being built every day.\u201d<\/p>\n Follow @pwmoses11<\/a><\/p>\n We want to hear from you.<\/p>\n Have a story idea or tip? Pass it along to the KTAR News team here<\/a>.<\/p>\n
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