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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
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.
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.
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.
million net loss and $132.5 million net loss and $94.8 Accolade would be the first Seattle-area company to go public since Adaptive Biotechnologies last year. It plans to trade on the Nasdaq exchange under the ticker ACCD. The company’s latest S-1 registration filing shows a $51.3 That’s compared to a $56.5
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.
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.
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.
With a PhD in Planning and Innovation Studies, and a Master’s degree in Architecture, Urban Design and Urban Planning, Karuri-Sebina has a sound knowledge base for her work as Executive Manager of programs at the South African Cities Network. She has a solid understanding of technology and its ability to deliver business outcomes.
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