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

A life sciences startup will base its headquarters in both Seattle and California. It’s far from the only one
Last week, Sonoma Biotherapeutics announced it raised $265 million to expand both its Seattle and San Francisco operations. One of the many perks of having

Evotec’s new Washington site is ready to roll, and the U.S. has already called first dibs for COVID-19 antibody supplies
After announcing its new location in Redmond, Washington last week, Evotec says their first order of business in the new 130,000-square-foot campus is to develop

Plant-Based Biologics All the Rage as Lumen Partners with Google
In a partnership with Google, Seattle-based company Lumen BioScience can now use machine learning as a tool to expedite and streamline production of its plant-based

Seagen Strikes $2.6 Billion ADC Deal with China’s RemeGen
Last week, Seagen, a Washington-based biotech company, announced a deal with China-based RemeGen Co., Ltd. The deal, valued at $2.6 billion, allows Seagen to develop

In Washington’s life sciences sector, a streak of companies going public
Washington’s life science industry is thriving. In 2021 so far, almost 50 biotech companies have gone public across the U.S., with several headquartered in the

Life Science Washington CEO plans to retire at year’s end
This week, Life Science Washington announced its president and CEO, Dr. Leslie Alexandre, will retire at the end of 2021. “Dr. Alexandre has been instrumental

‘We’ve been instrumental’: How Seattle became a hub for COVID-19 vaccine research
Several Seattle-area vaccine scientists shifted their studies to focus on COVID-19 research in the past 18 months. This field of study continues to build on

Icosavax stock skyrockets 200% on first day of trading for newly public Seattle biotech company
Icosavax stocks are performing well amidst the Seattle-based companies new public offering. On its first day as a publicly traded company, Icosavax shares skyrocketed by

Absci shares spike 30% in IPO debut, valuing Washington state biotech company at nearly $2B
Just over a year after going public, Absci stocks are continuing to grow. The Vancouver, Washington based company now is valued at almost $2 billion.

Eliem Therapeutics files for IPO as another Seattle-area biotech firm set to go public
Eliem Therapeutics, a Redmond, Washington based biotech company has filed for IPO. The filing follows two rounds of funding which took place earlier in 2021,

Seattle startup Lumen Biosciences to build algae manufacturing plant in former bakery
Lumen Bioscience, a Seattle-based biotech company announced it will be expanding its operations and moving to Seattle’s Wallingford neighborhood to continue manufacturing proteins found in

Absci’s IPO reflects booming biotech market and growing PNW life sciences industry
In a growing IPO market, AbSci, Vancouver, A Washington-based biotech company prepares for a public offering, joining additional Washington state biotech startups in the public
