OBI & OTRADI August 2021 Newsletter


Absci Goes Public!

Photo by Absci

OBI graduate Absci made its debut on the NASDAQ (ticker symbol ABSI) on Thursday, July 22, and founder Sean McClain and his team rang the closing bell. GeekWire has a great article about how Sean founded the company at age 22. Absci was an OTRADI resident client company from 2013 to 2016 – see photos below of their lab space with us. We are happy to be a part of Absci’s journey to success.


Thank You to our New Corporate Partner


OBI/OTRADI Receives High Impact Opportunity Program Award

The Oregon Innovation Council and Business Oregon have approved OBI/OTRADI for a High Impact Opportunity Project Award to support bioscience companies’ ability to stay and grow in Oregon by adding 6 wet labs and offices to our incubator facilities. Completion expected in Fall 2021. Questions about space availability? Inquire here.

OBI Client Company Wins

The OBI Welcomes Qtonics!

Qtonics LLC was formed to help companies, private research institutes and academic institutions accelerate scientific discovery. Their growing portfolio includes recombinant proteins, antibodies and immunology-based detection kits used in cancer, cell growth and other immunology-based studies. Qtonics understands the needs of the academic research laboratory through to the regulatory requirements of cGMP research and manufacturing facilities.

We are thrilled to have you join us at the OBI!

Biomedical Innovation: Commercialization Readiness Program is Open for Enrollment

The Biomedical Innovation: Commercialization Readiness Program (BIP Corp) is a 5-week course for life science innovators to advance their technology to clinical practice. We’ve made some improvements over the last year, including engaging a national NIH and NSF I-Corps instructor to lead the lectures. The course is ideal for teams, appropriate for clinical and research scientists, engineers, and life science entrepreneurs. Early-stage ideas welcome!

We’re enrolling projects for the Sept 10 – Oct 15 virtual cohort. Learn more and enroll.

Creative Destruction Lab Mentoring

Creative Destruction Lab (CDL) – Seattle Computational Health is an annual program for seed-stage startups working in the areas of digital and computational health. The program brings together world-class entrepreneurs, investors, scientists, and health professionals to mentor participating founders on prioritizing objectives to increase their probability of success. Participating startups work with CDL Mentors to prioritize key milestones, raise capital, and engage with experts working on the frontiers of research in related fields.

The program consists of four in-person objective-setting sessions held once every two months at the University of Washington’s Foster School of Business in Seattle between November 2021 and June 2022. CDL is a non-profit organization. There are no fees for participation and CDL does not take any equity or affect ownership of intellectual property. The deadline to apply for the 2021/22 cohort is August 23, 2021.

For more information:

COVID-19 Dose Sharing Part of Global Vaccine Equity Strategy

The ongoing COVID-19 pandemic has been met with the most efficient vaccine development process in history. Dose sharing entails working with governments that have directly purchased COVID-19 vaccine doses to contribute to the global supply through COVAX or other efficient, established distribution mechanisms. Collaboration to increase dose sharing has been one of the most immediate steps to close the vaccine coverage gap, redirecting doses to low- and middle-income countries that did not secure agreements with vaccine manufacturers earlier in the pandemic.

Oregon Health Authority: Take Care of Your Mental Health During Stressful Times

“With wildfires across Oregon, we want to acknowledge the importance of taking care of your mental health in stressful situations like these. This is especially important if you’re still recovering from last year’s wildfires. Taking care of your mental health could include making a self-care plan, getting support in your community or talking with people who care about you. For more mental health resources, visit our Safe+Strong website.”


Join Us For These Upcoming OBI Events


Virtual Lunch & Learn:
Financial Forecasting & Accounting for
Early Stage Development Companies
August 11, 2021
12:00-1:00 PM
Register here


Accelerate Biotech + Digital Health
Virtual Happy Hour
September 9, 2021
5:00-6:30 PM
Register here


Other Great Community Events


Zapproved Event: Talking to Kids About Racism
August 11, 2021
12:00-1:00 PM
Register here


AvaMed MedInvest Life Sciences Conference
September 8-10, 2021
More information


2021 Oregon Technology Awards
(Caregiven is a finalist in the pre-revenue category!)
September 17, 2021
5:00-9:00 PM
Register here