LAFAYETTE, La., Dec. 15, 2016 (GLOBE NEWSWIRE) -- YPS Anesthesia Services, a provider of outsourced anesthesia care in Louisiana, Mississippi and Texas, announced today that it has received an investment from The Catalyst Group, Inc. (“Catalyst”) through their Family Alignment partnership. Tracy Young, founder and CEO of YPS, along with partner and CFO John Mendell and the existing management team, will continue to lead the business in its expansion plans.

A biomedical engineering professor's research on treatment options for optical nerve trauma, particularly for injured soldiers, leads to collaboration with Rochal to develop new material that can deliver doses of therapeutic drugs to injured nerves.