The Norman Transcript

Business

March 29, 2014

spotlight

NORMAN — New financial

advisor named

Mark E. Woody, Private Wealth Advisor with Mark E. Woody and Associates, a private wealth advisory practice of Ameriprise Financial Services Inc., promoted John B. Carroll to associate financial advisor in response to recent growth here and across the country.

Carroll is instrumental in portfolio allocation, financial recommendations and data analysis. He provides financial advice that is anchored in a solid understanding of client needs and expectations, through one-on-one relationships with his clients. For more information, contact Ashley Cornelsen at 360-8836, ext. 119.

Firm earns Bioscience

Association award

A Norman diagnostics development company was among those honored with the 2014 Oklahoma BioScience Recognition Awards recently. Presented by the Oklahoma Bioscience Association, the recipients were recognized at an awards dinner at the Skirvin Hilton Hotel. IMMY, a Norman-based diagnostic development company, operated by brothers Sean Bauman and Scott Bauman, was given the Innovation Recognition Award.

“We’re proud to be honoring such an outstanding group of Oklahoma researchers, educators and innovative organizations,” said Scott Meacham, CEO of i2E Inc. and the Oklahoma Bioscience Association. “Each of them has made significant contributions to the state’s bioscience community in ways that transcend the direct impact of their work.”

IMMY is quickly becoming an innovative leader in the world of fungal diagnostics. The company has developed a dipstick test that detects cryptococcal antigen, a fungus that kills more than 600,000 people every year, claiming more lives than tuberculosis among HIV/AIDs patients in Sub-Saharan Africa. IMMY is making a global impact on the prevention of HIV-associated deaths in the developing world with its affordable diagnostic technology.

Personal income

growth slowed

Average state personal income growth slowed to 2.6 percent in 2013 from 4.2 percent in 2012, according to estimates released this week by the U.S. Bureau of Economic Analysis. State personal income growth ranged from 1.5 percent in West Virginia to 7.6 percent in North Dakota, with every state growing more slowly in 2013 than in 2012. Inflation, as measured by the national price index for personal consumption expenditures, slowed to 1.1 percent in 2013 from 1.8 percent in 2012.

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