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News Beat April 2018
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Life Science Washington (LSW) Spotlight: A conversation with LSW’s new Board Chair, Caitlin Cameron

 

In December, Life Science Washington (LSW) elected Caitlin Cameron, Chair and CEO of OtoNexus Medical Technologies, as its Board Chair. A highly-accomplished senior executive who specializes in building high-performing start-up companies, she has been an active LSW member for 10+ years, first as new entrepreneur seeking connections and personnel, and most recently as a member of LSW’s Board of Directors and Executive Committee. We recently sat down with her to get her perspective on Seattle’s life science ecosystem, LSW’s role in it, and her vision for the industry’s future.


 

How did you get involved in LSW and why?

I came to LSW as many of us do - new to this life science community and energized with big ideas. I was running a new company at the time and knew networking was key to successfully ushering it forward. LSW’s benefits (networking, mentoring, discount programs, etc.) helped me make the connections I needed to bring my big ideas to fruition, which in turn made a positive impact on our industry and our world. Over the years, LSW has been where I found peers, mentors, investors, and employees, via the networking events and via LSW’s many programs. In short, it’s where I find my ecosystem.

 

 

 

 

 

Read the full story here

 

 

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2018 Business Solutions luncheon Thursday, April 26th

 

We are proud to offer our month e-newsletter News Beat.To get member only content and savings, subscribe here

 

Have a story suggestion, funding opportunity, or upcoming event?
Send it to us! 
Email Amanda Tran at amanda@lifesciencewa.org

     

Please join us for our Annual Life Science Washington Business Solutions Luncheon. Each year, Life Science Washington hosts a luncheon where our Business Solutions Program partners present information about their services and how they can save your organization money. Last year Life Science Washington members spent $45 million with our Business Solutions Partners and saved over $18 million.

 

Attend this FREE and informative luncheon to find out how to save your organization money!

 

Seating is limited to 120 member attendees. RSVP today!

 

Learn about our Business Solutions Program here.

 

Please share this with anyone in your organization responsible for purchasing and may be interested in attending.

       

 

 

 Welcome New Life Science Washington Members

 

 Cobalt Biologics   Frazier Healthcare Ventures   Kaye Smith


Kidder Matthews   Omage Labs   Opticyte


SignalChem   VelosBio
 

 

 

 

Washington Life Science Report - April 2018
A monthly summary of Life Science transactions
and trends in WA State

 

SAVE THE DATE
The Inaugural East West Summit
Spokane June 14 & 15

Each month, the Life Science Washington Institute compiles this report summarizing transactions and trends in Washington's life science community. The report includes a continually updated list of angel funding, VC deals, M&A activity, and strategic partnership formations.

 

Read the March report here.

Life Science Washington is excited to present its first East West Summit June 14th and 15th at the Davenport Hotel in Spokane.

This event is created to bring life science leaders and experts from across the state to Spokane to elevate the visibility of Eastern Washington’s innovative life science organizations, healthcare providers and public institutions, and facilitate cross-state collaboration.

Details will be coming soon. Until then, save the date!

 

 

 

Professional Development Opportunity

Workplace Law Update for HR Professionals

 

Join us as Fisher Phillips attorneys discuss employment trends and workplace law updates for 2018. We will cover employment law topics such as the status of DOL white collar overtime exemptions, compliance traps under Seattle’s ever mounting worker-related laws, including the often overlooked Wage Theft Ordinance and Secure Schedule Ordinance, Washington’s new paid sick leave law that launched January of 2018, ICE, e-verify, i-9’s, H1B1 visas, and global immigration compliance developments.

 

This program is appropriate for in-house employment and labor counsel, human resource professionals, or anyone who manages employees and makes decisions impacting their workforce.

 

Cost: $15 Life Science Washington Members, $35 Non-Members 

 

**2.75 CLE/HRCI/SHRM credits (pending)

 

 

 

Life Science Washington Institute: Schedule your April consult

 

                                    
Life Science Washington Institute offers pro-bono consultation services to early-stage Member companies to help develop the Washington life science entrepreneurial community. A one-time consultation is available for future members. Our consultation program can help with a broad variety of issues facing the life sciences community. Learn More.
     
 

 

 

 Industry News

 

Seattle Genetics adds second woman to its board with the appointment of Alpna Seth
"Alpna Seth's appointment expands the Seattle biotech's board to nine people including two women. Seth is chief operating officer at San Francisco-based Vir Biotechnology and previously was a senior vice president at Cambridge, Mass.-based Biogen." Read more on The Puget Sound Business Journal

Fred Hutch President Gary Gilliland calls for transparency as drug prices soar: "Cancer patients are more likely to go bankrupt."
"Cancer drug prices are increasing much faster than other drugs. Gilliland, who just finished co-chairing a presidential panel on the subject, explains the group's recommendations for slowing the cost of cancer care." Read more on The Puget Sound Business Journal

Seattle Genetics wins FDA approval for cancer drug that could push U.S. salespast $1 billion
“This marks the first time in four decades and 10 different attempts to replace one of the most toxic drugs ... for late-stage classical Hodgkin while increasing long-term survival,” founder and CEO Clay Siegall said. Read more on The Puget Sound Business Journal

Alder CEO's sudden departure hints at potential merger
"The Puget Sound region's third-largest biotech may follow Juno and Seattle Genetics in a busy merger and acquisition season as it seeks FDA approval for its flagship drug." Read more in Puget Sound Business Journal

Fred Hutch president on Amazon health care partnership: "They have the potential to be disruptive." 
"Gary Gilliland discusses the recently announced Amazon-JPMorgan-Berkshire Hathaway plan to upend the health care industry." Read more from The Puget Sound  Business Journal

LabCorp to lay off nearly 200 employees here
"LabCorp, the Burlington, N.C.-based S&P 500 company that acquired Spokane-based Pathology Associates Medical Laboratories last year, confirmed Thursday it will lay off close to 200 employees here in the coming months."  Read more from the Journal of Business

The story behind Seattle Genetics' unintentional-startup incubator
"Clay Siegall, the founder of Seattle Genetics, explains how his company became an unintentional-startup incubator for Alder BioPharmaceuticals."  Read more from the Life Science Leader

How Seattle Genetics got Bill Gates and Paul Allen as investors
"The founder and CEO of Seattle Genetics discusses a number of interesting topics, including how he was able to get the founders of Microsoft as early investors in his company." Read more from Life Science Leader

Lynnwood drug manufacturing plant primed for growth after $46 million sale
"Boston-based Partner Therapeutics' plans to ramp up hiring at the plant this year and has the option to build up to 500,000 square feet of additional space." Read more from The Puget Sound Business Journal

The Andy Hill Cancer Research Endowment welcomes Laura Flores Cantrell, J.D. as inaugural Executive Director
"The Andy Hill Cancer Research Endowment (CARE) is excited to welcome Laura Flores Cantrell, J.D. as its inaugural Executive Director." Read more from The Andy Hill Cancer Research Endowment website.

Student entrepreneurs tackle genetic testing, clinical trials at health startup competition
"March 1st marked the third annual Hollomon Health Challenge, hosted by the University of Washington’s Buerk Center for Entrepreneurship.The goal: Recognize student startups that are solving health challenges and give them a chance to win some crucial seed funding.." Read more from  the GeekWire.

 

 

Networking and Development Opportunities

 

 

Explore Washington State Opportunity Scholarship (WSOS) mentorship with networking, trivia, food and more!

 

WSOS Skills that Shine (STS) mentorship program is one of the most impactful ways to support bright scholars as they prepare to launch their high-demand STEM and health care careers. Get involved on April 17 at their annual STS Networking Event!


The WSOS mentorship program includes staff from top regional employers such as McKinstry, Allen Institute for Brain Science, Juno Therapeutics, Battelle, HNTB, PitchBook and many others. This event is a great way to see if your organization is ready to be next on the list.

Click here for more information.

 

 

 

The 25th Annual BIO International Convention in June 4-7 in Boston, MA

 

The BIO International Convention is the world’s largest biotechnology event. It provides several specialized opportunities geared towards start-up and emerging companies, including their Start-Up Stadium  and One-on-One Partnering event.

For more information about the conference, click here
Early bird registration ends April 12th. Find out more about registration here

 

 

 

China International Import Expo (CIIE) in Shanghai November 5-10, 2018

 

The CIIE is designed to attract exhibitions from overseas companies and organizations looking to enter or expand in the Chinese market. It is being organized as a counterpoint to the well-known Canton Fair in Guangzhou, which focuses on supporting Chinese exports by matching Chinese producers with foreign buyers.
 
The CIIE will host exhibition areas in the following categories: Consumer Electronics & Appliances; Apparel, Accessories & Consumer Goods; Automobiles; High-End Intelligent Equipment; Food & Agricultural Products; Medical Equipment & Medical Care Products; and Trade in Services (including Education and Tourism).

The event is hosted by the Ministry of Commerce of the People's Republic of China and the Shanghai Municipal People's Government. It's supported by the World Trade Organization and  the United Nations Industrial Development Organization.


Click here for more information. 

 

 

 

 

 

 

 

 

more Calendar

7/18/2018
SBIR Road Tour Stop: Seattle

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