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Biotech

Aurion Biotech gets FDA approval to speed development of vision restoring treatment

by Lisa Stiffler on June 19, 2024June 19, 2024 at 1:45 pm

Seattle’s Aurion Biotech announced Wednesday that it received special designations from the U.S. Food and Drug Administration that should speed up the development of its treatment for a common disease… Read More

Video

From Expedia to Scispot: A startup founder’s journey to build data infrastructure for biotech

by Nataraj Sindam on May 30, 2024May 30, 2024 at 7:53 am

Satya Singh, a Seattle-area technology and startup leader who was previously a data platform executive at Expedia, co-founded Scispot, a data infrastructure platform for biotech companies. He recently shared his story… Read More

A-Alpha Bio lands $14.5M from Department of Defense to prep for future biological threats

by Lisa Stiffler on May 21, 2024May 21, 2024 at 7:42 am

A-Alpha Bio will receive $14.5 million from the Department of Defense (DOD) to expand a project with a national lab to help prepare for future biological threats using the company’s… Read More

New study for early detection of Alzheimer’s shows promising results

by Lisa Stiffler on April 8, 2024April 9, 2024 at 11:36 am

A new test for the early detection of Alzheimer’s Disease — potentially even before symptoms are present — show that the diagnostic caught the neurodegenerative disease in 100% of the… Read More

AI2 Incubator spinout Modulus sells cell therapy tech assets to Boston’s Ginkgo Bioworks

by Lisa Stiffler on April 2, 2024April 2, 2024 at 4:44 pm

The news: Modulus Therapeutics, a Seattle-based cellular therapy company spun out of the Allen Institute of Artificial Intelligence (AI2) Incubator, has sold its cell therapy platform assets to the Boston… Read More

Sonoma Bio celebrates new Seattle waterfront R&D center for autoimmune disease research

by Lisa Stiffler on March 25, 2024March 25, 2024 at 7:11 pm

Sonoma Biotherapeutics on Monday hosted a ribbon cutting ceremony at its new research and development center and office space on Seattle’s waterfront. The biotech company, which has a second location… Read More

Phase Genomics gets $1.5M grant from Gates Foundation to fight cow burp methane

by Lisa Stiffler on March 5, 2024March 5, 2024 at 10:33 am

Seattle biotech startup Phase Genomics is receiving $1.5 million from the Bill & Melinda Gates Foundation to fund research into two important areas: killing drug-resistant bacteria and battling methane-producing microorganisms… Read More

News Brief

Pfizer to close Seagen manufacturing plant in Seattle area following $43B acquisition

by Taylor Soper on March 2, 2024March 2, 2024 at 8:23 am

Pharma giant Pfizer, fresh off its $43 billion acquisition of Seagen, said it will shut down construction on a new 270,000 square-foot manufacturing facility Seagen was building north of Seattle… Read More

Healionics lands $5.5M to complete human trial of artificial blood vessel for dialysis patients

by Kurt Schlosser on February 22, 2024February 22, 2024 at 7:18 pm

Healionics, a Seattle-based medical technology company, raised $5.5 million in new financing aimed at helping the company complete an ongoing human trial and pursue regulatory clearance and commercialization of its… Read More

News Brief

AstraZeneca completes $1.1B acquisition of Univ. of Washington biotech spinout Icosavax

by Kurt Schlosser on February 20, 2024February 20, 2024 at 8:37 am

Biotech giant AstraZeneca has completed its $1.1 billion acquisition of Icosavax, a Seattle-based spinout from the University of Washington’s Institute for Protein Design.

Pfizer wins regulatory approval for its $43B acquisition of Seattle-area biotech giant Seagen

by Lisa Stiffler on December 12, 2023December 12, 2023 at 9:12 am

Pfizer’s plan to acquire Seagen for $43 billion has cleared the necessary regulatory hurdles, the pharma titan announced Tuesday. The deal will close on Thursday. Seagen is the largest biotech… Read More

New website helps engineers find biomedical challenges that crown winning algorithms

by Lisa Stiffler on November 16, 2023November 16, 2023 at 9:02 am

There are lots of tasks in biomedicine that are more accurately and efficiently accomplished by a computer than a person — take the detection of breast cancer from a mammogram,… Read More

News Brief

Washington startups receive $25K grants aimed at boosting state’s life sciences sector

by Nate Bek on October 10, 2023October 10, 2023 at 3:32 pm

A group of 20 early-stage life sciences startups in Washington each received $25,000 grants, part of an effort to fuel the “next generation” of life science innovation in the state.… Read More

News Brief

Biotech company Absci lays off 30 employees, about 15% of staff

by Taylor Soper on September 5, 2023September 5, 2023 at 7:46 am

Publicly traded biotech company Absci is laying off 30 employees, or approximately 15% of its workforce.

A-Alpha Bio, a biotech startup that measures and predicts protein interactions, raises $22.4M

by Nate Bek on July 25, 2023October 30, 2023 at 1:48 pm

Seattle biotech startup A-Alpha Bio raised $22.4 million to boost development of its machine learning platform that analyzes protein-protein interactions. A-Alpha Bio, a spinout of the Institute for Protein Design… Read More

News Brief

Affini-T Therapeutics shutting down Seattle lab

by Taylor Soper on July 20, 2023July 21, 2023 at 7:57 am

Affini-T Therapeutics, a cell therapy company spun out of Fred Hutchinson Cancer Research Center that aims to treat solid tumors, is closing its Seattle lab.

Novartis to buy Seattle biotech firm Chinook Therapeutics in $3.2B deal

by Taylor Soper on June 12, 2023June 12, 2023 at 8:24 am

Swiss biopharma giant Novartis announced Monday it plans to buy Seattle-based Chinook Therapeutics for $3.2 billion, marking another blockbuster acquisition for the biotech industry in the Seattle region. Founded in… Read More

Seattle biotech company is the first to receive approval to test B cell gene therapy in humans

by Lisa Stiffler on September 1, 2022September 1, 2022 at 3:55 pm

Seattle biotech startup Immusoft has received approval to begin clinical trials of its novel strategy for treating genetic disease, the company announced Thursday. Immusoft says it’s the first to get… Read More

Startup funding cooldown: Here are the stats for Seattle and the Pacific NW for the first half of 2022

by Todd Bishop on July 1, 2022July 1, 2022 at 10:19 am

Tech startups in Seattle and the Pacific Northwest raised less than $4 billion in funding in the first half of 2022, down 20% from more than $5 billion in the… Read More

Biotech stocks are getting crushed — but industry insiders say there’s reason for optimism

by Charlotte Schubert on May 18, 2022May 18, 2022 at 4:49 pm

Biotech is coming off an epic few years. The sector soared during the pandemic, with venture capital investment and IPO volumes hitting all-time highs. But recently stock valuations have plummeted,… Read More

Juno Therapeutics vets Steve Harr and Hans Bishop on building startups, working with tech, and more

by Charlotte Schubert on April 21, 2022April 22, 2022 at 6:50 pm

Hans Bishop and Steve Harr know a few things about biotech. The pair once worked together at Seattle flagship cell therapy company Juno Therapeutics, where Bishop was CEO and Harr… Read More

Vancouver, Wash.-based biotech Absci opens new AI Research Lab in New York City

by Kurt Schlosser on April 20, 2022April 20, 2022 at 2:02 pm

Absci, the Vancouver, Wash.-based biotech that provides drug and drug target discovery services to other companies, has opened a lab in New York City. The company announced the opening of… Read More

Ex-Athira Pharma CEO Leen Kawas starts $150M fund with key investors from former company

by Todd Bishop on March 18, 2022March 18, 2022 at 12:29 pm

Leen Kawas, the Seattle biotech exec who resigned as CEO of Athira Pharma after an investigation found she had altered doctoral research images that helped to form the initial basis… Read More

New CEO at Zymeworks shifts leadership, plans to lay off 25% of staff

by Charlotte Schubert on January 20, 2022January 22, 2022 at 8:30 am

Kenneth Galbraith is shaking up Zymeworks within a week of becoming CEO of the Seattle and Vancouver, B.C.-based biotech company. He announced major leadership changes in a statement Wednesday, and… Read More

Podcast

Top Stories of ’21: Amazon, Microsoft, Meta, COVID, and what’s next for tech in Seattle and beyond

by Todd Bishop on December 23, 2021December 23, 2021 at 9:53 am

Looking at GeekWire’s most-read stories for 2021, this series of headlines stands out as a symbol of the past year, not just for Amazon but for the world at large.… Read More

Report: Life sciences sector is booming as companies swoop up lab space and raise gobs of cash

by Charlotte Schubert on December 7, 2021December 9, 2021 at 5:54 pm

It’s hard for life sciences startups to find lab space, and there’s a good reason. The sector has been on a tear, according to a report tallying venture capital and… Read More

Chinook Therapeutics helps form China-based biotech venture to treat kidney disease

by Charlotte Schubert on November 30, 2021November 30, 2021 at 12:08 am

The news: Chinook Therapeutics on Tuesday announced the formation of SanReno Therapeutics, which will advance therapies for kidney disease in China, Hong Kong, Macau, Taiwan and Singapore. SanReno is a… Read More

Biotech company Absci, which recently went public, cuts ribbon on new HQ in Vancouver, Wash.

by Charlotte Schubert on November 3, 2021November 3, 2021 at 9:42 am

Absci cut the ribbon on its new headquarters in Vancouver, Wash., on Tuesday, barely three months after going public in an IPO that valued the biotech company at nearly $2… Read More

How pandemic-driven talent migration will change where biotech companies are located

by Charlotte Schubert on October 25, 2021January 14, 2022 at 3:09 pm

Joel Marcus’ fortunes have risen with those of the life sciences industry. The executive chairman of life sciences builder Alexandria Real Estate Equities first bought laboratory space in Seattle in… Read More

Podcast

Biotech boom: How life sciences emerged from ‘the doldrums’ in Seattle and Washington state

by Charlotte Schubert on October 19, 2021October 20, 2021 at 10:32 am

Leslie Alexandre has seen a lot from her perch surveying Washington state’s life sciences landscape. She is set to retire at the end of this year after five years as… Read More

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