PMDRX in running for $250K in funding
GLENDALE, Ariz. – PMDRX has been named one of 25 semifinalists in the Arizona Innovation Challenge. The Arizona Commerce Authority will now select six winners and award them each $250,000. The challenge is a bi-annual business plan competition for promising early-stage companies in high-growth industries. A panel of judges narrowed down 131 applicants to the 25 semifinalists based on a set of criteria that included technology potential, marketing strategy, quality of management team and economic impact. PMDRX, based in Glendale, Ariz., is among companies from California, Ohio, Utah and Virginia, participating in the challenge. Fifty-six percent of the companies, like PMDRX, are IT and software related.