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News Beat May 2018
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Eastern Washington's Growing Life Science Sector

 

Eastern Washington’s life science sector reflects a thriving, billion-dollar industry. On track to reach the $2.5 billion mark in ten years, the cluster is gaining a name for itself as well as significantly contributing to Washington’s overall life sciences impact.

 

This undiscovered gem in Washington’s life sciences ecosystem is finally coming into its own. Life Science Washington is looking forward to shining a spotlight on this vibrant ecosystem during its inaugural East West Life Science Summit June 14-15, 2018 in Spokane at the historic Davenport Hotel. Keep reading to learn the many reasons you should attend. 

 

The impetus for impact

Eastern Washington conjures up images of rolling hills and open vistas. It is a region synonymous with agriculture, hydroelectricity and unending highways.

 

It is also home to top-notch universities with highly-regarded life science degree programs (undergrad and grad) and research departments, such as Washington State University (WSU), Gonzaga University (GU), Eastern Washington University (EWU), the University of Washington (UW), and an incredibly responsive two-community college system, which includes Spokane Community College (SCC) and Spokane Falls Community College (SFCC).. These institutions are magnets for, and producers of, emerging life sciences talent. They are also big draws for well-established biotech scientists. These big thinkers come for the education and then stay, making the area home. 

 

 

Read the full story here 

 

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Industry Networking Night Thursday, May 17th

 

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 May!

 

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

 

 Camfil   Kiadis   Mavupharma

   

  

 

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

 

The Inaugural East West Life Science Summit
June 14 & 15 - Historic Davenport Hotel, Spokane

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 May report here.

Life Science Washington is excited to present the inaugural East West Summit June 14th and 15th at the Historic 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.

 

Registration is open. 

  

 

Professional Development Opportunity

BioBasics: Biotech for Non-Scientists

 

 

 BioBasics™ is an intensive two-day course starting with a review of the healthcare sectors and the scientific concepts required for understanding the biopharma industry. Building on this knowledge, the course delves into the cause of genetic and infectious disease, how disease is diagnosed, and the various therapeutic strategies used to mitigate disease. The latest innovations in immunotherapies, RNA technology, gene therapy, checkpoint inhibitors, CAR-T and more are explained.


View course agenda here.


Enrollment Fees: $1,225 ($1,125 for Life Science Washington members)

 

It's not too late! Register today!

 

 

Life Science Washington Institute: 
Schedule your May 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 startup aims to disrupt primary care, begins nationwide rollout 
"About seven months after Seattle startup 98point6 finally announced what it was up to, it is launching its digital primary care service nationally." Read more in The Puget Sound Business Journal

Bill Gates calling for global preparedness, to invest $12M for flu vaccine
"Bill Gates
 is committing $12 million to develop a universal flu vaccine, with the hopes of avoiding a potential global and deadly epidemic." Read more in The Puget Sound Business Journal

Kirkland's Cardiac Dimensions pulls in $39 million in funding
"Kirkland's Cardiac Dimensions has landed $39 million in funding to help the company get its minimally invasive treatment for patients with heart failure through clinical studies." Read more in the Puget Sound Business Journal

Former Juno CEO Hans Bishop has $17M golden parachute thanks to Celgene takeover
"
Former Juno Therapeutics Inc. CEO Hans Bishop is eligible for more than $17 million in severance pay for stepping down in connection with the $9 billion acquisition by global drug giant Celgene Corp." Read more in The Puget Sound Business Journal

CRISPR pioneer wants to make an at-home test to detect disease
"Biotech company Mammoth Biosciences 
is working on a simple, portable test that would give everyone, from healthcare professionals to just people at home, the ability to detect various diseases, infections and cancers quickly and easily." Read more in Engadget

Proniras Corp. launches in Seattle, scores $89.5 million contract to develop new seizure drug
"Accelerator Life Science Partners
a Seattle-based life sciences investment fund and umbrella company, unveiled its newest company with a bang Friday." Read more in GeekWire

Gates Foundation launches $12 million Grand Challenge for universal flu vaccine, as Bill Gates urges world to prepare for war on pandemics
"One hundred years ago, an aggressive flu virus killed 675,000 Americans in just 3 weeks. The virus, known as Spanish Influenza or the flu of 1918, went on to kill more than 50 million people worldwide and is still the deadliest pandemic in modern history." Read more in GeekWire

Juno CEO quietly steps down after $9 billion Celgene acquisition
"Juno Therapeutics 
Inc. co-founder and CEO Hans Bishop has quietly stepped down after the biotech company's $9 billion acquisition by global drug maker Celgene." Read more in The Puget Sound Business Journal

A lifesaving pump for cancer patients is being phased out
"A medical device that can add years to the lives of cancer patients is about to become unavailable because its manufacturer has decided to stop producing it." Read more in The Puget Sound Business Journal

Accolade raises another $50 million to fuel growth and innovation 
"Accolade has pulled in another $50 million in funding, which brings the digital health company's total funding to roughly $210 million since its 2007 founding." Read more in The Puget Sound Business Journal

Seattle Genetics searches for its 10th building to keep up with growth
"Seattle Genetics
 Inc. wants to expand its footprint for the fifth time in a year-and-a-half." Read more in The Puget Sound Business Journal

Aptevo executive Jane Gross jumped to a start-up and landed in the C-suite
"
Jane Gross stumbled into immunology by accident. She’s now one of the top immunology executives in the Puget Sound region." Read more in the Puget Sound Business Journal

Courtney Law nurtures young UW-GU health partnership
"Although she is already more than two years into her position as the director of the University of Washington School of Medicine-Gonzaga University Regional Health Partnership, Courtney Law says she’s really just getting started."  Read more in The Spokane Journal

Alder BioPharmaceuticals poaches Amgen vet for new chief operating officer role
"Alder BioPharmaceuticals, Inc. has hired Erin Lavelle for its newly created chief operating officer role." Read more in the Puget Sound Business Journal

Immune therapy doubles lung cancer survival rate
"New drugs that trigger a patient’s immune system to kill malignant cells can greatly improve the survival rate of people with the most common type of lung cancer, a new study found." Read more in The Puget Sound Business Journal

Shire sells oncology unit to France's Servier for $2.4bn
"Shire has struck a deal to sell its oncology business for $2.4bn in cash to a French pharmaceutical group, complicating the position for Japan’s Takeda Pharmaceutical which said last month that it was considering a bid for the Irish drugmaker." Read more on The Puget Sound Business Journal

Kineta inks $360 million-plus deal with Genentech for chronic pain drug
"Kineta Chronic Pain LLC has inked a drug collaboration deal with pharmaceutical giant Genentech to develop non-opioid chronic pain treatment." Read more on The Puget Sound Business Journal

Frazier Healthcare partners closes $780 million health care buyout fund
"Frazier Healthcare Partners has closed a $780 million health care buyout fund." Read more in The Puget Sound Business Journal

AGC Biologics expands Bothell headquarters after $511 milion acquisition

"AGC Biologics has added new buildings to its Bothell campus." Read more in The Puget Sound Business Journal.

 

Cancer researches report positive results for larotrectinib, a "tumor-agnostic" drug
"Two clinical studies have provided evidence suggesting that an experimental precision-medicine drug called larotrectinib can fight soft-tissue tumors regardless of the patient’s age or the type of tumor." Read more in GeekWire.

Healthcare tech company Accolade raises another $50M, total funding tops $200M
"Accolade has raised another big investment round to fuel growth of its healthcare technology platform."  Read more from GeekWire

The tipping point on cancer treatment, from research labs to the top of Mount Everest
"Luke Timmerman started climbing mountains with college buddies when he was in his 20s. He’s climbed Mount Rainier in Washington state (14,400 feet), Alaska’s Denali (20,000 feet) and even Argentina’s Aconcagua, the highest peak outside of Asia at 22,800 feet."  Read more from GeekWire

The personalized health care revolution could start in Seattle
"Within five years, your doctor might be able to use a swab of your saliva, smart phone data and your medical history to diagnose everything that's ailing you and create a personalized plan to optimize your health." Read more from The Puget Sound Business Journal.

WSU, Biotech Firm Fighting Over Cosmic Crisp Apple
"Something has gone sour between Washington State University and a Seattle-based biotech company. It's over a new, highly-prized apple variety that has not yet hit the market." Read more from KNKX

SCI Solutions acquires another Seattle digital health company
"Seattle-based SCI Solutions has acquired DatStat in an effort to create a complete digital tool set for patients to more conveniently connect with their health care teams and manage their health." Read more from The Puget Sound Business Journal.

University of Washington receives $11 million to fund universal flu vaccine development
"The Institute for Protein Design at the University of Washington School of Medicine has received $11.3 million to fund its work on the development of a universal flu vaccine and further research on protein design." Read more from the Puget Sound Business Journal.

 

 

Networking and Development Opportunities

 

 

The 25th Annual BIO International Convention on 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

 

Find out more about registration here

 

 

Xconomy: What's Hot in Seattle Biotech on June 12 in Seattle

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.

 

 

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

8/22/2018
Health Economics Modeling Seminar and Workshop

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