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Health/Life Sciences

CurvaFix lands $39M to boost curved surgical device used for pelvic fracture treatment

by Charlotte Schubert on July 14, 2023July 13, 2023 at 9:01 pm

CurvaFix, a Seattle-area startup that makes implants to repair fractures in curved bones, raised $39 million. The six-year old company’s flagship product is an implant to repair pelvic fractures. The… Read More

News Brief

EchoNous, maker of an AI-powered portable ultrasound system, raises $7M

by Charlotte Schubert on July 13, 2023July 13, 2023 at 10:29 am

EchoNous, a startup that markets a compact, AI-powered ultrasound device, raised $7 million. The funding was noted in a SEC filing and confirmed by a company spokesperson.

Wavely Diagnostics raises $1.35M for its tech to detect ear infections with a smartphone

by Charlotte Schubert on July 12, 2023July 12, 2023 at 9:08 am

University of Washington spinout Wavely Diagnostics, which is developing a smartphone app to detect ear infections, raised $1.35 million. The Seattle company’s diagnostic app uses acoustic signals to detect signs of an… Read More

Video

How AI is changing the way scientists engineer drugs, biosensors, enzymes and more

by Charlotte Schubert on July 10, 2023March 8, 2024 at 10:03 am

Inside the headquarters of Outpace Bio in Seattle, senior scientist Bobby Langan shows a video of one of his favorite deep learning tools. A fuzzy blob coalesces into a molecular… Read More

Just – Evotec snags DoD award worth up to $75M to develop AI-driven antibody therapeutics

by Charlotte Schubert on July 6, 2023July 6, 2023 at 11:46 am

Just – Evotec Biologics won a contract from the U.S. Department of Defense worth up to $75 million to develop drug candidates for orthopoxviruses, the group of viruses that cause… Read More

Startup led by former Seagen CEO Clay Siegall merges with public company in $125M deal

by Charlotte Schubert on July 3, 2023July 3, 2023 at 2:18 pm

Morphimmune, a biotech company led by former Seagen CEO Clay Siegall, is merging with a public biotech company, Immunome, in a deal boosted with $125 million from private investors. Siegall… Read More

Heard raises $15M to expand its financial tech tools for mental health professionals

by Charlotte Schubert on June 23, 2023June 23, 2023 at 8:25 am

Seattle-based startup Heard, which supports mental health professionals with financial software and services, raised $15 million in new funding. Heard offers booking, payroll and tax workflow products. Solo practitioners can… Read More

Biotech startup developing tests and treatments for Alzheimer’s and Parkinson’s disease raises $52.9M

by Charlotte Schubert on June 22, 2023June 22, 2023 at 10:13 am

University of Washington spinout AltPep, which is developing tests and treatments for Alzheimer’s and Parkinson’s disease, completed a $52.9 million Series B funding round. The funding will help propel the… Read More

Swedish drugmaker SOBI to acquire Seattle biotech company CTI BioPharma for $1.7B

by Taylor Soper on May 10, 2023May 10, 2023 at 11:12 am

CTI BioPharma, a Seattle-based publicly traded biotech company developing therapies for blood-related cancers, is set to be acquired in a deal with Swedish biotech giant Sobi. The acquisition, announced Wednesday,… Read More

Don’t spin out too early, and get out of the way: Advice for biotech founders from Dr. Jim Olson

by Charlotte Schubert on May 6, 2023May 8, 2023 at 7:47 am

Seattle Children’s researcher Jim Olson has some thoughts about how to go about launching and leading a biotech startup. His research lab has helped forge Seattle-area startups developing a wide… Read More

Life sciences investors share tips on raising funds and conserving cash in a tight market

by Charlotte Schubert on May 2, 2023May 5, 2023 at 6:15 pm

Amid a tightened fundraising environment, life sciences companies should double down on basics like focusing on key projects and getting out data, and look at creative ways to raise capital.… Read More

Washington state extends pandemic law enabling healthcare delivered via audio

by Charlotte Schubert on May 1, 2023May 1, 2023 at 11:38 am

Washington state lawmakers recently extended a law that loosens restrictions on audio-only healthcare delivery, while they wait for the results of a study evaluating its effects. Early in the pandemic,… Read More

Podcast

AI and the future of human health: Leroy Hood on the new age of ‘scientific wellness’

by Charlotte Schubert on April 29, 2023April 29, 2023 at 7:58 am

Biomedicine pioneer Leroy Hood says that artificial intelligence will play a key role in the future of healthcare by accelerating the progress of “scientific wellness,” an approach that he has… Read More

Washington state will shut down COVID-19 exposure notification app on May 11

by Kurt Schlosser on April 24, 2023April 24, 2023 at 1:07 pm

WA Notify, an app launched by Washington state to inform people if they’d been exposed to someone who recently tested positive for COVID-19, is scheduled to sunset on May 11.… Read More

GeekWire Awards: How this Ukrainian-born CEO created a biotech startup ‘where curious scientists thrive’

by Charlotte Schubert on April 20, 2023April 28, 2023 at 7:25 am

Editor’s note: This is one of five profiles of the finalists for Startup CEO of the Year ahead of the 2023 GeekWire Awards. Read the others on Humanly CEO Prem Kumar, Rebellyous Foods CEO… Read More

Digital health startup 98point6 raises more cash to fuel new era as a software licensor

by Nate Bek on April 18, 2023April 18, 2023 at 1:18 pm

Healthcare company 98point6 landed additional investment to support its transition to a licensor of virtual care solutions, following a move to offload parts of its business. The fresh funding comes after… Read More

Gates Foundation gives $9.35M to Seattle digital health nonprofit for diagnostic testing

by Charlotte Schubert on April 18, 2023April 18, 2023 at 10:48 am

Seattle digital health nonprofit Audere will advance its technology to improve the accuracy of rapid diagnostic tests with $9.35 million in fresh funding from the Bill & Melinda Gates Foundation.… Read More

Washington state lawmakers pass bill to protect privacy of consumer health data

by Charlotte Schubert on April 18, 2023April 19, 2023 at 3:41 pm

Washington state lawmakers finalized passage of a bill Monday that provides privacy protections for consumer health data. The bill protects health data collected by consumer apps and websites, which is… Read More

Seagen filing details M&A negotiations with several companies before $43B Pfizer deal

by Charlotte Schubert on April 17, 2023April 18, 2023 at 11:13 am

Seagen fielded multiple offers before agreeing to a whopping $43 billion acquisition by pharma giant Pfizer. The Seattle-area company revealed negotiation details with several companies in a recent SEC filing… Read More

This AI understands doctor’s notes: Truveta’s new model finds meaning in messy healthcare data

by Charlotte Schubert on April 13, 2023April 13, 2023 at 9:28 am

Healthcare data holds great potential to improve medicine, but mining it is not easy. To get to the gold, Truveta built a large AI-powered model to crunch through medical texts… Read More

Video

Vancouver, B.C., tissue ‘bioprinting’ company inks $75M deal with Novo Nordisk for diabetes, obesity

by Charlotte Schubert on April 12, 2023April 13, 2023 at 7:36 am

Vancouver, B.C.-based biotech company Aspect Biosystems inked a partnership worth potentially more than $2.6 billion with Danish biopharma giant Novo Nordisk to develop “bioprinted” tissue therapeutics. The deal comes with… Read More

Tech Moves: Adaptive Biotechnologies COO departing; Sana adds leaders; and more

by Charlotte Schubert on April 11, 2023April 11, 2023 at 12:50 pm

— Mark Adams is stepping down as chief operating officer of Adaptive Biotechnologies, the company said today in a regulatory filing. Adams joined the Seattle-based biotech giant more than three… Read More

Report highlights growth of life sciences sector in Seattle, buoyed by NIH funding

by Charlotte Schubert on April 10, 2023April 12, 2023 at 12:59 pm

Life sciences employment and federal research funding have grown rapidly in the Seattle area since 2019, according to a new report from real estate firm CBRE. The Seattle area ranked… Read More

The inspiration behind a new diversity program for biotech in Seattle

by Charlotte Schubert on April 3, 2023April 4, 2023 at 12:43 pm

When Eric Nealy returned from a workshop with other Black scientists, his perspective changed. The experience gave him a new — and unfamiliar — sense of belonging. “I was blown away,” said… Read More

Video

Microsoft Research head Peter Lee on the applications of GPT-4 in medicine and life sciences

by Charlotte Schubert on March 30, 2023January 31, 2024 at 8:20 pm

Peter Lee has spent a lot of time recently with GPT-4, the AI-powered tool that simulates human conversation, built by OpenAI with contributions from its partner Microsoft. “I lost a… Read More

Sonoma Bio inks $75M deal with Regeneron to advance cell therapies against autoimmunity

by Charlotte Schubert on March 28, 2023March 28, 2023 at 11:54 am

The news: Sonoma Biotherapeutics is partnering with Regeneron to co-develop cell therapies for Crohn’s disease and other autoimmune conditions. The agreement comes with a $75 million upfront payment and a… Read More

Q&A with Seagen founder Clay Siegall on the Pfizer deal and his new biotech startup

by Charlotte Schubert on March 23, 2023March 24, 2023 at 12:57 pm

Clay Siegall is proud of his legacy as co-founder and longtime CEO of Seagen, the largest biotech company in the Seattle area. “I built a great company,” Siegall said in… Read More

Seagen founder Clay Siegall is back in biotech as CEO of Purdue University spinout

by Charlotte Schubert on March 22, 2023March 24, 2023 at 6:06 pm

Seagen founder Clay Siegall is jumping back into the biotech world as CEO and president of Morphimmune. Founded in 2020, the Purdue University spinout will relocate its headquarters to the… Read More

Microsoft subsidiary Nuance is using GPT-4 for a new physician notes app

by Charlotte Schubert on March 20, 2023March 20, 2023 at 11:20 am

Microsoft-owned AI company Nuance is leveraging GPT-4 to power new software designed to ease the burden of clinical documentation for physicians. Nuance, acquired last year by Microsoft for $19.7 billion,… Read More

Biotech experts wary of Pfizer cutting Seagen workforce — but history reveals silver lining

by Charlotte Schubert on March 17, 2023March 18, 2023 at 10:34 am

Seattle-area biotech experts are eying the past warily in the wake of this week’s news that Pfizer plans to acquire Bothell, Wash.-based Seagen for a whopping $43 billion. Most previous… Read More

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