TheraCea Awarded Year Membership at Incubator

The Oro Valley incubator is part of the University of Arizona Center for Innovation – Tech Parks Arizona’s startup incubator network, which has outposts throughout the Southern Arizona region and is on a mission to grow scalable science and technology startup ventures that fuel the Arizona economy.

The new incubator’s first tenant is TheraCea Pharma, an Arizona-based biotechnology startup that develops diagnostic positron emission tomography imaging agents, or PET scans, to detect cancer as well as cardiological, neurological and infectious diseases. The company earned a year of membership at the incubator by winning this year’s UACI Sponsored Launch Fueled by BIOSA – the Bioindustry Organization of Southern Arizona – competition.

“UACI is providing fabulous support to startup companies by connecting them to the resources of the University of Arizona and the Tucson community,” said Iman Daryaei, CEO of TheraCea Pharma and a senior research specialist in the UArizona Department of Chemistry and Biochemistry. “The new facility in Oro Valley is located in an area where some of the most valuable bioindustry leaders in the state of Arizona are located, which provides the companies the opportunity to connect to those businesses for a successful launch and expansion.”