Published September 16, 2014
Volume 22, Number 9

Business Bits

  • NeoTract’s UroLift Used by Expert Physicians     

    The UroLift System implant to treat enlarged prostates is being used at Perito Urology in Coral Gables, Florida, the first national center of excellence for training physicians on the implant procedure.     

    “We are very pleased that Dr. Perito has partnered with us to educate and train his peers on our game-changing technology,” Dave Amerson, NeoTract president and CEO, said. “He is known as one of the world’s top urological surgeons focused on men’s sexual health and is an ideal choice to launch our center of excellence training program in the U.S.”     

    UroLift is the first product developed by NeoTract, Inc., a Hacienda-based firm dedicated to developing innovative, minimally invasive and clinically effective devices to address unmet needs in the field of urology.     

    Benign prostatic hyperplasia (BPH), or enlarged prostate, is a medical condition in which the prostate gland that surrounds the male urethra becomes enlarged with advancing age and begins to obstruct the urinary system. Medication, often the first line of therapy, can be temporary and inadequate.     

    The UroLift System permanent implants, delivered during a minimally invasive procedure, effectively treat BPH by acting like window curtain tiebacks to hold the lobes of an enlarged prostate open. Patients recover from the procedure quickly and return to their normal routines with minimal downtime.     

    Learn more about NeoTract and the UroLift System at neotract.com.
  • Hacienda Hosts Software Giants     

    Three software companies with Hacienda offices are among the 25 largest software companies in the Bay Area, as ranked by the San Francisco Business Times.     

    The undisputed software leader in the Bay Area is Oracle with more than $37 billion in sales for the 2013 fiscal year. Oracle is based in Redwood Shores with offices in Hacienda.     

    Hewlett-Packard ranked No. 4 on the list with nearly $4 billion in sales for the 2013 fiscal year. HP is based in Palo Alto with offices in Hacienda.      

    The only Hacienda-based software company to make the top 25 list is Veeva with a ranking of No. 22. The company had more than $210 million in sales for the 2013 fiscal year, an impressive 62.2 percent gain from the previous year. Veeva specializes in cloud-based software for the life sciences industry.     

    Learn more about these companies at oracle.com; hp.com; and veeva.com.
  • Zuman Launches Premium HR Solutions & Bitcoin Option      

    Zuman delivers powerful human resources solutions from the cloud for growing companies to simplify operations.       Companies can use Zuman to access payroll, benefits, analytics, self-service capabilities and human resource experts on demand. All of the premium services are offered from one data set and one partner.     

    “Businesses are finding quickly that old-school HR models developed around compliance and risk avoidance won’t cut it moving forward,” Doug Devlin, Zuman founder and CEO, said. “Many, such as Google and Facebook, have moved to a people operations model, prioritizing the employee as the main customer of HR and delivering innovative products to their workforce.”     

    Zuman, a Hacienda-based company founded by former Trinet executives, also announced a partnership with BitPay to offer the first HR cloud solution that allows businesses the option to pay employees in Bitcoin.     

    “Today’s workforce expects mobility, speed and fresh-looking interfaces in all aspects of interaction with their employers,” Devlin said. “We are thrilled to now empower small- and mid-size businesses with the HR tools that meet the needs of the changing workforce.”      

    Learn more about Zuman at zuman.com.
  • New VICAMWaters Product Ensures Safety of Corn Supply      

    The world’s corn supply will be a little bit safer, thanks to a new test developed by VICAM, a division of the Waters Corporation.      

    The Afla-V lateral flow strip test for the quantitative analysis of total aflatoxins in corn has received USDA grain inspection, packers and stockyards administration (GIPSA) certification.    

    “We are pleased to obtain USDA-GIPSA certification for the Alfa-V,” Marjorie Radlo-Zandi, VICAM general manager and director of operations, said. “This enables official USDA export laboratories and USDA-licensed grain inspection sites to use Afla-V to verify that corn shipments comply with domestic and global regulatory limits for aflatoxins.”    

    Aflatoxins are toxic compounds produced by certain molds found in food. Severe rain and drought can encourage aflatoxin production, and once released, aflatoxin and other mycotoxins are difficult to manage and nearly impossible to destroy. They can cause liver damage and cancer.    

    The Afla-V strip tests can accurately detect and measure total aflatoxins at both low and high levels. The five-minute test saves time and materials.   

    The Waters Corporation, founded in Massachusetts in 1958, designs, manufacture, sells and services analytical technologies for liquid chromatography, mass spectrometry and thermal analysis. The company has three 1,000-square-foot custom-built demonstration and teaching labs in Hacienda. Learn more at waters.com.

Compiled By Zoe Francis


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