Print Page   |   Contact Us   |   Sign In   |   Register
Community Search
News Beat June 2018
Share |


 

 

 

Public Policy Update: State Legislative Recap, Congressional Leaders Come to Washington to

Talk Innovation, Seattle Head Tax and much more!  

 

Spring has been incredibly busy on the political front. In our February News Beat we highlighted a number of issues Life Science Washington (LSW) was working on with our Congressional delegation and state legislators, including: the Medical Device Tax Suspension, Orphan Drug Tax Credit Preservation, and securing over $100 million in the state budget for new life science facilities.

 

Since then, we have worked with our state legislative leaders to address a range of life science issues before they adjourned for the summer. Here are some highlights:

  • The legislature restored and fully funded the Life Science Sector Lead position (Maura Little’s old job).
  • The legislature provided an additional $4 million to the Andy Hill Cancer Research Fund bringing the two-year total to $9 million to support cancer research.
  • Over $300,000 was provided to support commercialization programs at the Life Science Washington Institute.
  • Senator Palumbo successfully secured $300,000 for life science workforce and industry planning efforts.
  • We worked with Representatives Slatter and Harmsworth to kick off a new Science 1 & Technology Caucus which will provide a much needed forum on life science issues in the legislature.

Read the full story here 

 

 Subscribing to News Beat        

 

Industry Networking Night Thursday, June 21st

 

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

     

Join Life Science Washington and Life Science Washington Institute for our next life science industry social event in June!

 

Expand your professional, social and community contacts at this FREE event as we bring together our vibrant community of life science professionals. Beer, wine and light snacks will be available.

 

This event is open to both Life Science Washington members and non-members. RSVP today!

 

Welcome New Life Science Washington Members

 

Pluristyx      TerraPower

 

 

 

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

 

The Inaugural East West Life Science Summit

is this week! There's still time to register!

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 June report here.

Join us Thursday and Friday (June 14-15) for the inaugural East West Life Science Summit. Learn about current cross-state collaborations that are fostering innovative advancements and explore opportunities for your own partnerships. Network with peers from both sides of the mountains while learning about Eastern Washington's health sciences cluste

 

With Eastern and Western Washington working together we can create a truly cohesive, dynamic statewide life science ecosystem.

 

Register today! 

  

 

Announcing the Life Science Washington Institute's

 Innovation Marketplace & Digital Playbook

 

 

We are pleased to announce the official launch of the Life Science Washington Institute’s Innovation Marketplace and Digital Playbook!


The Innovation Marketplace is an online “one-stop-shop” that connects life science entrepreneurs and their companies to critical resources in Washington state, including legal service providers, consultants, accountants, and more. It is integrated with the Digital Playbook, a comprehensive training platform for new life science entrepreneurs that features flowcharts, step-by-step action items, and advice curated from the expert mentors of the WIN program.

 

All Life Science Washington members will receive access as a benefit of membership. Please be on the lookout for an introductory e-mail to log in and create your free account!

 

Questions about the Digital Playbook or Innovation Marketplace, including inquiries about becoming a Vendor, should be directed to Jessica Roberto at jessica@lswinstitute.org.

 

 

Life Science Washington Institute:

Schedule your June consult

 

      WE’RE HIRING! 
Life Science Washington Institute offers pro-bono consultation services to early-stage Member companies to help develop the Washington life sciences 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.

Life Science Washington is looking for a Marketing & Communications Manager. Candidate will have an incredible opportunity to assume specific responsibilities and ultimately administer a transformational strategy for repositioning the life science industry in the state of Washington. Is it you?

For more information and to apply, go here

     
 

 

 

 Industry News

 

Seattle-Bellevue company selected to accelerate innovation for U.S. health security, daily medical care
"Life Science Washington Institute
of Seattle has been selected as one of eight accelerators in the nation by the U.S. Department of Health and Human Services (HHS) to drive innovation in lifesaving medical technologies that solve challenging problems spanning modern health security threats and daily medical care." Read more here.

 

National bioscience industry report shows $2T economic impact, accelerated venture capital investment and job Growth
"A study released today at the BIO International Convention shows that the U.S. bioscience industry has reached $2 trillion in annual economic impact while maintaining accelerated venture capital investment and job growth numbers. Among U.S. technology sectors, the bioscience industry has held a leading position as an economic driver and job generator." Read more on the BIO website.

 

Lyft riders can now round-up and donate to Fred Hutch
"Lyft
 
riders can now round up their fares to donate to a Seattle nonprofit." Read more in The Puget Sound Business Journal

Vulcan Capital among investors in CTRL-Labs, a startup with unique brain-computer interface
"Paul Allen’s Vulcan Capital is among those raising an interested hand over a 3-year-old startup called CTRL-Labs, makers of a wristband that can pick up signals from the brain and allow users to control a digital device without moving a finger." Read more in GeekWire. 

Biomanufacturing  company AbSci raises $12M to scale synthetic biology platform
"Vancouver, Wash.-based biotechnology company AbSci has raised a chunk of new money." Read more in GeekWire

Chest thumpers vs. executers: the difference between Seattle and Silicon Valley entrepreneurs, according to this VC
"There’s a difference between entrepreneurs from Seattle and those from Silicon Valley and it goes beyond stereotypes about hairstyles, clothing, and choice of gadgets." Read more in GeekWire

Pre-clinical drug screening start-up A-Alpha Bio wins first place at U. of Washington business plan competititon
"Pharmaceutical companies spend a lot of money and time developing new drugs. Now a new startup created by a group of University of Washington students is using technology to bring more efficiency to that process." Read more in GeekWire.

Chefs break records at Fred Hutchinson Cancer Research Center dinner
"Fred Hutchinson Cancer Research Center’s annual Premier Chefs Dinner on May 20 at Sodo Park brought in a record $1.47 million, with 250 guests, three live auction items and a Raise-the-Paddle segment." Read more in The Puget Sound Business Journal

Pitch Perfect winner spotlight: These medical device entrepreneurs want to get the wax out of your ears (safely)
"In a bid to help his brother develop a solution to a longterm ear problem, Sahil Diwan is the CEO and cofounder of SafKan Health, a startup that’s developed a medical device resembling a trendy set of earphones to make the job of removing excess and impacted ear wax in a safe manner easier." Read more in the MedCity  News.

Health care roundup: Big year for M&A; Researcher wins 'no strings attached' grant; Swedish giving
"Here are four important health care developments that have happened recently in the Puget Sound area." Read more in The Puget Sound Business Journal.

Blaze Bioscience aims to launch new pediatric brain cancer study with scorpian venom
"Blaze Bioscience has scooped up $4 million of a $5 million round to maintain its momentum to hopefully initiate a Pivotal clinical study on pediatric brain cancer later this year." Read more in the Puget Sound Business Journal.

Grail raises $300M for cancer detection tools, boosting total investment to $1.5B
"Grail, a biotech company with early backing from Microsoft co-founder Bill Gates and Amazon founder Jeff Bezos, says it’s raised $300 million in an oversubscribed Series C financing round."  Read more in GeekWire.

Seattle biotech journalist reaches the summit of Mt. Everest in bid to raise money for cancer research
"Seattle biotech journalist Luke Timmerman reached new heights Tuesday in his efforts to raise awareness for cancer research by successfully summiting Mount Everest." Read more in the GeekWire.

NIH awards grant to Lumen Bioscience for cost-effective oral malaria vaccine
"Lumen Bioscience, a Seattle company developing novel biologics on its proprietary Spirulina expression platform, announced today that National Institutes of Health (NIH) will fund continued development of its ultra low-cost, recombinant oral malaria vaccine." Read more on the Lumen Bioscience website.

Shorter breast cancer treatment just as effective
"A shorter regimen of a drug used to treat early-stage breast cancer works just as well as using it for twice as long, saving patients thousands of dollars and sparing them serious side effects." Read more in The Bizwomen

FDA approves first drug designed to prevent migraines
"The first medicine designed to prevent migraines was approved by the Food and Drug Administration on Thursday, ushering in what many experts believe will be a new era in treatment for people who suffer the most severe form of these headaches." Read more in The New York Times.

Nohla Therapeutics closes $45 million funding round to continue clinical trials
"Fred Hutchinson Cancer Research Center spinout Nohla Therapeutics has closed a $45 million funding round to support its two lead clinical trials." Read more in The Puget Sound Business Journal

Cancer Care Northwest grows its stem cell transplant program

"Since Spokane Valley-based Cancer Care Northwest opened the first autologous stem cell transplant program here in 2005, it has conducted 271 transplants on patients ranging from 15 to 78 years old." Read more in The Spokane Journal of Business.

 

WIN program welcomes two new ventures
"The Washington Innovation Network (WIN) Entrepreneur Mentoring Program is happy to announce the addition of two new ventures to our program this quarter. The following ventures were admitted as the 2018 Q2 cohort." Read more in the Life Science Washington Institute blog..

As DIY gene editing gains popularity, 'someone is going to get hurt.'
"As a teenager, Keoni Gandall already was operating a cutting-edge research laboratory in his bedroom in Huntington Beach, California."  Read more from The Puget Sound Business Journal

A unique data experience: Reflections on ESFCOM's inaugural hackathon
"The most extraordinary thing happened to Washington State University’s Elson S. Floyd College of Medicine (ESFCOM) the weekend of April 13 -15, 2018.  ESFCOM hosted its inaugural Hackathon, which was organized by the College Technology Incubator Officer, Andrew Richards.  It was well attended by people from all walks of life and subject expertise including students and healthcare providers.  So, the big question is what exactly is a hackathon and why all the hype?"  Read more from Dragonfly

inaugural hackathon tackles rural health care challenges
"Student innovators recently came together with health care professionals, developers, designers and engineers for the Elson S. Floyd College of Medicine’s inaugural hackathon." Read more from Washington State University Health Sciences Spokane. 

Dwindling lab space in Seattle drives biotechs to Bothell
"Bothell could end up benefiting from a trend in which the booming tech industry gobbles up lab space in and around Lake Union, according to Kris Curtis, a partner at commercial real estate firm Kinzer Partners." Read more from The Puget Sound Business Journal

Fred Hutch report aims to improve quality and care of cancer care
"A report released this week by the Fred Hutchinson Cancer Research Center offers a window into the complicated and expensive world of cancer care, providing a statewide snapshot of cancer clinic performance based on cost and quality." Read more from The Puget Sound Business Journal.

The Bothell economy: City looks to South lake Union area as a model to buildup biotech hub 
"Seattle Genetics ended up in Bothell because it was cheap. That was 1998. Since then, Bothell’s real estate prices have remained relatively low, which has allowed Seattle Genetics to grow into the largest biotech company in the Puget Sound region without breaking up its campus."  Read more from the Puget Sound Business Journal.

 

 

Networking and Development Opportunities

 

 

Xconomy: What's Hot in Seattle Biotech

June 12th  |  Seattle, WA


This event highlights the strengths of Seattle's life-science community, as well as its challenges, 

 

Life Science Washington members are eligible for a reduced registration rate. To receive this discount, please enter promo code LSWA

Registration information here.

 

 

Metabolomics
June 24th | Seattle, WA

You are invited to the 14th International Conference of the Metabolomics Society, which will be held in Seattle, Washington, USA June 24-28, 2018 at the Washington State Convention Center in downtown Seattle. The Convention Center boasts award winning catering, nearby accommodations and dining options within easy walking distance, direct air connections to major cities worldwide and excellent local transportation. Seattle, in addition to being situated in the beautiful Pacific Northwest, is a major hub for science and technology, and is home to more than 25 research institutions and many major companies with global reach. 

The conference has an overall goal of Making Connections, with major scientific themes of systems biology, big data, technology advances, precision medicine and translational science, plant metabolomics, the microbiome, and the exposome, including environmental and nutritional metabolomics. In addition, the conference will provide a number of networking opportunities to help establish connections for early career scientists, metabolomics scientists across the Pacific Rim as well as globally

Registration information here.

 

 

Field Notes Live featuring Carrie Hessler
June 26, 2018  |  Seattle

Please join us for an intimate conversation with Carrie Hessler-Radelet. Carrie is President and CEO of Project Concern International, former Peace Corps Director, founder of the Special Olympics in the Gambia and all-around global health rock star. The program will include a talk on her personal career path, audience Q & A and a wine reception. Carrie is a fascinating speaker and it’s going to be a great evening! 

Where: Seattle Central Library in the Microsoft Auditorium
When: Tuesday, June 26th from 6:00PM to 7:30PM

Tickets can be purchased here.

Field Notes Live is a Washington Global Health Aalliance (WGHA) speaker series with global health influencers designed to give WGHA members and the general public the chance to meet and learn from inspiring global health leaders.

 

 

China International Import Expo (CIIE)

November 5-10 Shanghai 

 

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. 

 

 

 

 

 

 

 

 

Membership Management Software Powered by YourMembership  ::  Legal