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

Report: Life sciences sector is booming as companies swoop up lab space and raise gobs of cash
A new CBRE report reveals that as the life science industry continues to boom in the Seattle area, companies are buying out lab space and

Seattle biotech Omeros selling drug franchise in deal valued at over $1B
Omeros, a Seattle-based biotech company, has announced it is selling its Omidria franchise to Rayner Surgical Group. Omidria helps to prevent excessive pupil constriction in

Spokane-based Parrots Inc. wins Entrepreneur of the Year award
The Association of Washington Business has named David Hojah, Entrepreneur of the Year. Hojah is the CEO and Founder of Parrots Inc., a Spokane-based medical

Tune Therapeutics launches with $40M in funding, aims to fine-tune activity of genes in cells
Tune Therapeutics, a new biotech company with roots in Seattle, has developed TEMPO, a epigenomic therapy platform. TEMPO can find epigenomic elements contributing to genetic

Aptevo Soars on Reports of Complete Remission in AML
Aptevo Therapeutics, a Seattle-based biotech company, has seen a 46% rise in stock price per share as a result of positive data from its ongoing

Univ. of Washington researchers develop device to detect opioid overdose and inject antidote
A new wearable device used to detect opioid overdoses is under development at the University of Washington. The device would be able to detect an

Rapid COVID-19 test maker Anavasi Diagnostics lands funding from National Institutes of Health
Anavasi Diagnostics, a Washington-based startup, has received a total of $20.9 million in funding from the U.S. National Institutes of Health and individual investors to

Allen Institute launches new division to study brain circuits and behavior in mammals
The Allen Institute has launched a new division focused on exploring how the brain learns, memorizes and executes other complex actions. Karel Svoboda will be

Report: Seattle among top 10 best cities for outdoor enthusiasts to live, work
If you enjoy spending time outdoors, Seattle is one of the best places in the U.S. to live and work, according to a recent SmartAsset

Swedish to open cancer research center with $20M gift from late Microsoft co-founder
Thanks to a $20 million donation from Paul G Allen, late co-founder of Microsoft, Swedish Medical Services will be launching a research center focused on

Biotech company Absci, which recently went public, cuts ribbon on new HQ in Vancouver, Wash.
Last week Absci celebrated the opening of its new headquarters, complete with 77,400 square feet of office and lab space. Washington state Governor Jay Inslee

Founded last year, Mozart Therapeutics lands $55M to develop therapies for celiac and other diseases
Mozart Therapeutics has secured $55 million to develop celiac disease therapies. The Seattle-based biotech startup will use these funds for preclinical studies of the company’s
