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Sana Biotechnology cuts the ribbon at new manufacturing facility near Seattle

GeekWire

Sana Biotechnology CEO Steve Harr cuts the ribbon at the company’s new manufacturing facility in Bothell, Wash., The Bothell facility will house Sana’s proprietary cancer drug program. The diabetes program involves turning stem cells into insulin-producing islet cells. The company’s net losses grew to $107.5

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Adaptive Biotechnologies lays off about 100 people, 12% of headcount, to ‘streamline our workforce’

GeekWire

Chad Robins, left, is co-founder and CEO of Adaptive Biotechnologies, which he co-founded with his brother, Harlan Robins, right, the company’s chief scientific officer. Adaptive Biotechnologies Photo). Adaptive Biotechnologies is laying off 12% of its workforce, or about 100 employees, GeekWire has learned. “We million in 2020.

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Tech Moves: Meta leader for Pacific NW steps down; Phase Genomics adds to C-suite

GeekWire

Other former positions include leadership roles at the Gates Foundation and directing the global drug development program at PATH. Susan Wyrick of Sana Biotechnology. “It’s been a wonderful ride launching and leading this deep-tech startup mentorship program in Seattle for just over 3 years now.

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Vancouver, Wash. biotech company Absci files to go public

GeekWire

The company, founded in 2011, began commercial operations in 2018 and now has partnerships with Merck, Xyphos Biotechnology, Alpha Cancer Technologies and several other drug companies. Net losses were $14.4 2020 revenue was $4.7 million, up from $2 million for 2019. 2020 revenue was $4.7 million, up from $2 million for 2019.

Company 131
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Thanks Darpa: Minimally Invasive “Stentrode” Shows Potential as Neural Interface for Brain

CTOvision

The technology was developed under DARPA’s Reliable Neural-Interface Technology (RE-NET) program , and offers new potential for safely expanding the use of brain-machine interfaces (BMIs) to treat physical disabilities and neurological disorders.

.Net 150
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Biotech industry leaders share cautious optimism for 2023 amid downturn and layoffs

GeekWire

He’s now CEO of Nautilus Biotechnology, and he’s not taking any big chances in the current economic downturn. Earlier companies are considering fewer development programs and having a slower ramp on hiring. Neoleukin Therapeutics recently shed staff in the wake of disappointing clinical data for its lead program, for example.

Industry 115
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Biotech experts wary of Pfizer cutting Seagen workforce — but history reveals silver lining

GeekWire

That said, we do not anticipate any reductions in either company’s R&D programs due to the transaction,” said Bourla. Seagen reported $2 billion in revenue and a net loss of $610 million for 2022, along with $1.3 . “These targeted efficiencies would be across several functional lines by eliminating duplication.