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Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development. If you enjoy NewsFlash, thank an EDPA Partner.
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UAH's new $2M wind tunnel to aid in research for growing aerospace sector
Ryan Phillips Digital Producer Birmingham Business Journal
Oct. 14, 2015
The University of Alabama in Huntsville will soon complete work on a new $2 million wind tunnel system that will be used in propulsion research for Alabama's rapidly expanding aerospace sector.
Construction on the new system was inspired by the research efforts of Phillip Ligrani, the university's eminent scholar in propulsion, according to a release from the Alabama Department of Commerce.
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ConcertCare acquires Nashville telemedicine startup
Birmingham-based ConcertCare has acquired a Nashville telemedicine startup that's developed a video platform enabling remote patient visits.
Terms of the deal were not disclosed. Medicom Technologies was acquired by ConcertCare after completing a year-long beta testing phase that included hosting hundreds of remote patient visits with physicians.
"We believe telemedicine will be transformative in the system of health care delivery moving forward, and we were greatly impressed by the technology Medicom has developed to make telemedicine an everyday reality," said ConcertCare CEO Tanveer Patel.
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October 14, 2015
Huntsville's HudsonAlpha Institute for Biotechnology has received a $100,000 grant to help establish its new genomic medical clinic. The grant from the Jane K Lowe Charitable Foundation was announced Wednesday.
The institute has recruited five new faculty members who specialize in reading a patient's genetic profile to diagnose and treat rare diseases. In November, the institute will open the world's first clinic devoted to that approach.
"From the beginning, the mission of HudsonAlpha's mission has been to utilize the power of genomics to help improve lives. I can't think of a better way to do that than to use what we know about the genomic sequence to identify the causes of unknown diseases and help identify new therapies for some of the sickest patients," said Richard Myers, president and scientific director of HudsonAlpha. "We are deeply grateful to the Jane K. Lowe Foundation for this gift."
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What states are sending the most residents to Alabama? Where are Alabamians moving to?
Each year Alabama swaps thousands of residents with its next door neighbors, with more distant Southern states and with Michigan and California.
But not all trades are equal, as some states send more folks than they take back. And no state supplied more new Alabamians over the last five years than Georgia. Alabama acquired 15,000 new residents from Georgia over the most recent five years.
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