News & Updates
Inside Innovation
The latest news and advances from the world's most exciting life science cluster.

A new Westlake-backed biotech takes aim at migraines
Seattle-based Vedana Therapeutics emerged from stealth with $46 million in Series A financing to develop next-generation therapies for migraine prevention. The company is advancing long-acting

Adaptive Biotechnologies plans to separate its MRD and Immune Medicine businesses
Adaptive Biotechnologies announced plans to pursue a separation of its Minimal Residual Disease and Immune Medicine businesses to support the growth and strategic focus of

Dr. Sara Jane Webb Awarded Grant up to $17.25M to Advance Autism Research
Seattle Children’s has been awarded a grant of up to $17.25 million from Aligning Research to Impact Autism (ARIA) to join the international IMPACT Network

$25 million gift will bolster rural, Indigenous healthcare
The University of Washington School of Medicine has received a $25 million gift from the Franke family to create the Franke Medical School Scholars Program

ASCO: Bristol Myers’ $800M bispecific ADC aces China breast cancer study, putting TROP2 drugs on notice
Bristol Myers Squibb reported phase 3 results showing that its bispecific antibody-drug conjugate izalontamab brengitecan significantly improved survival outcomes for previously treated triple-negative breast cancer

Scoop: Medical technology giant plans to put its longtime Seattle-area campus up for sale
Philips plans to put its longtime Bothell campus up for sale as part of a long-term real estate strategy while maintaining its healthcare operations and

Allen Institute’s big new bet: $400M effort aims to go from mapping the brain to treating disease
The Allen Institute has launched the Brain Health Accelerator, a new $400 million initiative aimed at developing gene therapies for neurodegenerative diseases including Alzheimer’s, Parkinson’s,

Top 10 U.S. Biopharma Clusters 2026
GEN’s annual ranking of the top U.S. biopharma clusters highlights the regions leading the nation in life sciences competitiveness, with Seattle ranked No. 10 overall

Seattle biotech lands investment, collaboration deal for cancer treatments
Aptevo Therapeutics, a Seattle-based clinical-stage biotechnology company, has received a $500,000 investment from Niowave, a Michigan-based medical radioisotopes company, as part of a collaboration to

AGC Biologics to Support Teikoku Seiyaku’s KTP-001
Seattle-based AGC Biologics has been selected by Japanese pharmaceutical company Teikoku Seiyaku to provide microbial contract development and manufacturing services for KTP-001, a recombinant human

The Pacific Coast Part 1: AI and Drug Discovery Intersect in the Pacific Northwest
The Pacific Northwest is rapidly advancing as a center for AI-driven drug discovery through coordinated federal initiatives, startup investment, and expanding research infrastructure across Seattle,

Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
Anthropic and the Gates Foundation have launched a four-year, $200 million partnership to support artificial intelligence initiatives focused on global health, education, and public-interest research.
