OBI Client Company Wins
- Rewire Neuro is now Rewire AI. This change comes as part of a re-energized effort from Rewire to more fully embrace their position as a premier AI company with technology that has application in more markets than just
neuroscience.
- StoneStable is a finalist at Angel Oregon Life & Bioscience. Finale will be held on May 17 at Amaterra Winery.
- PDX Pharmaceuticals has received a Notice of intent to fund a fast-track SBIR application from the National Cancer Institute, which focuses on development of a drug candidate named PETTRA (PLK1 and EGFR Targeted Therapy and Radiation sensitizer) for lung cancer treatment. The budget is about $2.5M over 3 years.
- PDX Pharmaceuticals has been selected as one of seven semi-finalists for the 2023 AIM-HI Women’s Venture Competition. The winner will receive up to $1 million investment.
- VitalFlo is a finalist at Angel Oregon Life & Bioscience. Finale will be held on May 17 at Amaterra Winery.
Health Technology Innovations (HTI):
- Health Technology Innovations, Inc. (HTI) is excited to announce industry veteran Dr. J. Brad Pesavento has joined the company as its new VP Strategy & Corporate Development. In this role, Brad will head HTI’s business development for cryo-EM services with pharma/biotech customers, lead its commercial strategy and engage with the investment community.
- Health Technology Innovations, Inc. (HTI) is excited to announce that Dr. Santi Adavani is joining HTI Advisory Board as Senior Advisor. Dr. Adavani brings extensive experience in AI/ML and software product development to HTI.
- Read full press releases here.
- We are a finalist at the 2023 Oregon Technology Awards which will be held on May 16, 2023.
- We are also a finalist at Angel Oregon Life & Bioscience. Finale will be held on May 17 at Amaterra Winery.
- We kicked off our OncoScreen pilot study in partnership with Legacy Health and enrolled our first patient. This marks the first time an intact breast tumor has been cultured in breast adipose tissue from the same patient.
- The TAO awards committee has nominated us as a finalist for the Technology Company of the Year, Emerging category. The 2023 Oregon Technology Awards will be held on May 16, 2023.
- The results of our clinical trial, which demonstrates that our diagnostic test for gamma prime fibrinogen (GPF) measures COVID-19 respiratory disease severity, have been published in the journal “Blood Cells, Molecules, and Diseases.”
- ProMedix is a finalist at Angel Oregon Life & Bioscience. Finale will be held on May 17 at Amaterra Winery.
- EndoSound Inc., a privately held medical device company developing an endoscopic ultrasound platform to diagnose and treat diseases of the gastrointestinal tract, today announced the initial closing of its Series A round financing.
- The round is being led by GEO Medtech Venture Fund, a leading healthcare venture capital firm that invests in transformative medical technology, and health solutions companies seeking to improve clinical outcomes, enhance quality of life, and drive efficiency of healthcare delivery.
- The financing will support EndoSound’s ongoing research and development and preparations for commercial launch. The EndoSound Vision System (EVS) is designed to eliminate the financial burden of expanding access to care for patients who require an endoscopic ultrasound (EUS) procedure. By attaching the EVS Transducer to a standard upper endoscope found in all hospitals and GI surgery centers, this critical technology becomes available and affordable in more areas of care.
- Trace Biosciences is a finalist at Angel Oregon Life & Bioscience. Finale will be held on May 17 at Amaterra Winery.
- We welcomed two new team members:
- Nathan McMahon, Ph.D. – Clinical Project Manager
- Bryce Timm, Ph.D. – Staff Scientist
AOBIO Finale & Innovation Showcase
It’s been an exciting three months for eighteen regional startups as they have progressed through the Angel Oregon Life and Bioscience (AOBIO) program presented by Oregon Entrepreneurs Network, OTRADI and Oregon Bioscience Incubator, Oregon Health and Science University, and the Oregon Bioscience Association.
Founders from throughout the state have participated in four educational sessions spanning from funding readiness to creating a diverse team to due diligence and how to create the perfect pitch. They have participated in two pitch sessions with feedback from regional investors and industry experts, and recently the finalists were announced: five companies who will pitch for the angel investment on May 17.
We invite you to get in on the ground floor of Oregon’s most important emerging sectors, and meet entrepreneurs literally building the future right now at the AOBIO Finale + Innovation Showcase on Wednesday, May 17th starting at 3:00 pm at Amaterra Winery.
There we will feature the five companies vying for equity investment, the winner of non-dilutive funding through the Emerge Initiative, and a panel presentation titled What Does Success in Life Science Innovation Look Like?
All this and delicious food and wine too.
CLICK HERE to purchase your tickets today!
OBI’s BioMentor Program Offers Free Help for Oregon Startups
We have a network of over 90 BioMentors who are available to provide short-term pro bono advice and assistance to promising life science and digital health entrepreneurs across the state of Oregon. Our BioMentors have valuable expertise in a wide range of business topics that are integral to the success of early-stage life science companies, including:
ACCOUNTING
BUSINESS PLANS
DIGITAL HEALTH
GOVERNMENT FUNDING
HEALTH IT
LEGAL/IP
LICENSING
MACHINE LEARNING/AI
MANAGEMENT
MANUFACTURING
MARKET ANALYSIS
MARKETING
PRIVATE FUNDING
PRODUCT DEVELOPMENT
REGULATORY/FDA
For assistance, fill out this form and we’ll match you with a BioMentor who can help.
Need Space for Your Bioscience Startup?
If you have a bioscience or health innovation startup and need wet lab or office space, come talk to us! We operate the only bioscience-focused incubator in Oregon, with private offices, private labs, co-working space, and shared labs for startups in bioscience – including digital health, medical devices, AI/ML, diagnostics, therapeutics, pharmaceuticals, and more!
Submit your facility inquiry here and let’s schedule a time to talk.
America’s Seed Fund Week
America’s Seed Fund Week is a series of virtual events representing a collaborative outreach effort that will connect entrepreneurs working on advanced technologies and the organizations that support them to the country’s largest source of early-stage funding.
This is a free and virtual opportunity for small businesses to learn about non-dilutive funding available through America’s Seed Fund that awards $4 billion annually to small businesses for R&D. Come meet with the federal agency representatives, attend roundtables, connect with entrepreneur support organizations, and find other helpful resources.
Find out more information and register here.
TiE Women Applications are Open Through June 15
TiE Women is dedicated to Embrace, Engage and Empower women entrepreneurs across the globe. The program is focused on women entrepreneurs, irrespective of the size of their enterprises, origins, standing or background. The program consists of a series of local and global events and culminates with one women-led business from Oregon competing in a global pitch competition for cash prizes!
CRITERIA:
- Female founded or co-founded startup
- A female founder or co-founder that owns at least 30% of the equity in the company
- Company has been in business for less than seven years (date of company registration no earlier than Jan. 1, 2016) at the time of application
- The ultimate objective is to help startups in their fundraising efforts hence preference will be given to startups raising funds.
TIMELINE:
Local / Global Events: Ongoing (apply to receive exclusive invitations to attend)
Applications Open: April 24, 2023
Deadline to Apply: June 15, 2023
State Pitch Competition: August TBD, 2023
Global Pitch Competition: Will take place at the TiE Global Summit, November TBD, 2023
Apply here by June 15th.
Upcoming Events
PDXWIT & AWS Present:
How to Prepare for a Technical Interview
May 11, 2023
4:30-7:30 PM
AWS – Portland
Register here
2023 Oregon Technology Awards:
Imagining a New Future
May 16, 2023
4:00-9:00 PM
Oregon Convention Center – Portland
Get tickets here
AOBIO Finale & Innovation Showcase
May 17, 2023
3:00-7:00 PM
Amaterra Winery – Portland
Get tickets here
Raising Capital: Debt vs. Equity
A Venture Catalyst Event
May 18, 2023
12:00-1:15 PM
Virtual
Register here
Bio in the High Desert
May 18, 2023
5:00-8:00 PM
Deschutes Brewery – Bend
Get tickets here
Legal Priorities for Startups:
Panel Discussion + Q&A
May 24, 2023
12:00-1:30 PM
Beaverton Building or Virtual
Register here