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

UW spinout Opticyte lands $4.6M to test device that quickly detects early signs of organ failure
Opticyte, which got its start at the University of Washington, received $4.6 million from federal grants and seed funding to continue developing a non-invasive technology

Top Life Sciences Startups to Watch in 2021
Three Washington biotech companies were named to BioSpace’s NextGen Bio “Class of 2021,” which ranks recently launched up-and-coming life sciences companies in North America based

2021 Predictions: Why these tech, science and startup leaders are upbeat about the year ahead
Life Science Washington’s President and CEO, Leslie Alexandre, was among the tech, science and business leaders in the PNW asked to provide their thoughts on

Madrona Venture Group Nets $500 Million in Oversubscribed Funds
Madrona Venture Group, the 25-year-old Seattle venture capital firm with ties to some of the cities hottest startups, revealed that it raised over $500 million

Jubilant HollisterStier plans $70 million expansion
Jubilant HollisterStier, a pharmaceutical manufacturing company based in Spokane, announced its plan to double existing space and manufacturing capacity and add 400 employees over the

Microsoft rolls out COVID-19 vaccine management platform as nationwide distribution gets underway
Microsoft has launched a vaccine management platform for both government and healthcare customers as the COVID-19 vaccine begins its nationwide rollout. The solutions will enable

Biotech of the Year: Seagen
Seagen, formerly Seattle Genetics, was named BioPharmaDive’s 2020 Biotech of the Year. Per BioPharma Dive: “Once a tiny, cash-strapped startup…Seagen is the largest biotech in

Lundbeck taps Mental Health America—and its big data—to create a national crisis dashboard
Lundbeck, which has operations in Bothell, Washington, will back a new nationwide mental health dashboard from Mental Health America that aims to track mental health

Athira Pharma wins $15M grant from National Institute on Aging for trial of Alzheimer’s drug
Seattle-based Athira Pharma announced that it received a three-year grant totaling $15 million from the National Institute on Aging. The funding will support an upcoming clinical

WSU Spokane launches life sciences startup incubator
Washington State University in Spokane announced the opening of Spinout Space, or Sp3nw, a life sciences incubator for launching startups. The goal of Sp3nw is

Silverback hits Wall Street with chest-thumping $242M IPO
Seattle-based Silverback Therapeutics more than doubled its original IPO hopes with a $242 million debut on the Nasdaq Stock Market. Originally shooting for a $100

How culture and leadership helped ventilator maker Ventec meet huge demand in COVID-19 response
Bothell-based Ventec Life Systems, one of the few ventilator manufacturers in the U.S., pulled off a massive feat earlier this year when it partnered with
