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

Allen Institute expands into new South Lake Union life sciences building
The Allen Institute, a nonprofit biotech research institution, is expanding into a new life sciences and technology campus near its South Lake Union headquarters. The

Fierce Biotech’s 2022 Fierce 15
Shape Therapeutics, a Seattle-based biotech company, has been included in Fierce Biotech’s 2022 Fierce 15. This year’s list features a diverse range of companies with

Good Therapeutics being acquired by Roche for $250M
Seattle-based biotech Good Therapeutics is being acquired by Swiss Pharmaceutical giant Roche for $250 million, plus further payments for specified milestones. Once the acquisition is

Largest gift in Fred Hutch history: $78M from Stuart and Molly Sloan will support precision oncology
Seattle-based research institution Fred Hutch has received a $78 million gift from Stuart and Molly Sloan to launch a new institute dedicated to oncology research.

BioForest is Breaking Out with Innovation, Talent and Investment
Seattle is on the rise as one of biopharma’s hottest spaces in cell and gene therapy. The BioForest region of Washington and Oregon continues to

Seattle biotech company is the first to receive approval to test B cell gene therapy in humans
Seattle-based biotech startup, Immusoft received the green light to start clinical trials to treat MPS I, a rare, lethal childhood disease. This approval makes it

With $50M, Vilya’s Peptides Aim to Transcend Cells’ Lipid Membrane
Vilya Inc., the newest spinout from the University of Washington’s Institute of Protein Design (IPD), raised $50 million in a series A funding round. Vilya

Ora Biomedical plans new drug-discovery facility in Seattle area
Ora Biomedical is planting roots in the Puget Sound region with plans to open a drug-discovery laboratory. The company recently announced a $500,000 pre-seed round

Seattle mental health startup Alongside raises $5.5M, aims to test app with schools
Seattle-based mental health startup Alongside has received $5.5 million in seed funding, with plans to partner with schools to support adolescent mental health and continue

‘Treg’ startup Sonoma expands with plans for manufacturing plant
Preclinical biotech company Sonoma Biotherapeutics has announced plans to build an 83,000-square-foot manufacturing and research center on Seattle’s waterfront. The new facility will be used

Startup detects COVID-19 using spit, light, and a computer built to analyze patterns
Pattern Computer, a Seattle-based startup, is developing a rapid COVID-19 test based on patterns in light from spit. In its seven years as a company,

Monod Bio moving to new South Lake Union space after $25M seed round
Monod Bio, a spinout company from the University of Washington’s Institute for Protein Design, has raised $25 million to develop molecular biosensors designed to detect
