Cheers to Winter Celebrations
The Oregon Bioscience Incubator & OTRADI team sends you warm holiday greetings and hopes you have fun and festive winter celebrations with your friends and family. Our offices will be closed December 25 through January 1, and we look forward to seeing you in 2024!
Welcome New Board Members
Our newest OTRADI board members are Jennifer Fox and Amanda Oborne.
Jennifer joined OTRADI as Assistant Director in 2008 and was President & Executive Director from 2013 to 2019. She is currently Director of Network & Outcomes at Autodesk Research, and we are delighted for her return to OTRADI as a board member.
We’re also very excited to welcome Ideaship’s Managing Director Amanda Oborne to our board. Prior to Ideaship, Amanda served as Executive Director for Oregon Entrepreneurs Network and VP of Food & Farms at Ecotrust.
Client Company Wins
- Recognition for Revitalizing Portland’s Start-up Scene: We’ve gained recognition as a key contributor to the resurgence of the Portland start-up landscape — scaling the world’s next natural fiber to fight climate change, and enable the textile industry to meet climate targets. Check out the feature on us in the Business Journal: Read more.
- Cover Story and 2-Page Spread: Thrilled to share that our success has been showcased prominently in Portland Business Journal showcasing 2 out of our 5 teammates! We’ve secured a headline cover story and an extensive 2-page spread, amplifying our impact and reach.
- Successful Completion of First Scale-Up Trial: Celebrating a major milestone, we have completed ESG’s first scale-up trial with a prominent factory group, demonstrating our capability and confidence from within the industry.
- Innovation Highlight: Potable Water MVP from Process Waste: We are thrilled to announce the successful creation of our first Minimum Viable Product (MVP): potable water derived from process waste. This breakthrough not only showcases our commitment to sustainable innovation but also highlights the circularity capabilities within our process. Additionally, it demonstrates our ability to create potable water from ESG’s natural fiber banana plant feedstock—an achievement not replicated with any other natural fiber.
- It’s been an incredible month of accomplishments, and we’re eager to build on this momentum. Stay tuned for more updates on our journey of growth and innovation!
- Trace Biosciences was featured on page 8 of the OHSU Innovates 2023 Impact Report.
- Read the report here.
- We’re happy to report at EndoSound that we successfully closed our series A round of funding, raising $5M, which closed in October.
- We are now pursuing a Series B round with the goal of raising an additional $12M in funding in anticipation (pending regulatory clearance) of first sales in 1st Q 2024.
- ProMedix was featured on page 13 of the OHSU Innovates 2023 Impact Report.
- Read the report here.
- Gazelle, Hemex Health’s diagnostics platform, was installed in a blood bank of Rotary Blood Bank near Delhi. This is a new application for Gazelle to test donated blood for beta thalassemia.
- Hemex Health obtained the first government tender for the National Sickle Cell Anemia Elimination Program from the state of Odisha, one of the 17 states under the program. The Elimination Program aims to eliminate sickle cell disease from India by 2047. The initial installation of Gazelle in Odisha was successfully carried out on November 22 at 20 primary healthcare sites, marking the beginning of the installment process for 500 primary healthcare sites.
- Gazelle made its debut in Vietnam. Our distributor in Vietnam, Biomedical Vietnam, collaborated with Nghia Lo Regional General Hospital for beta thalassemia screening. Biomedical Vietnam conducted screenings with Gazelle for 48 schoolchildren and individuals of marriage age. The debut was an exciting start for the distributor to showcase Gazelle to subject experts ahead of the nationwide rollout.
Absci (alumnus)
- Absci recently announced a collaboration with AstraZeneca to deliver an AI-designed antibody as a potential new cancer treatment. Read about it in the Portland Business Journal.
Congratulations on your outstanding achievements!
Vivivi Medical Joins the OBI
Vivivi Medical joined the incubator in December 2023. Founded in Houston, Texas, they are looking forward to making Oregon their headquarters. Vivivi Medical is developing a permanent solution that reverses Benign Prostate
Hyperplasia (BPH) through a robotic/laparoscopic procedure. Learn more at their website and say hello when you see them at the OBI!
Upcoming Events
Oregon Entrepreneurs Network
December Pub Talk: Wrap Party
December 13, 2023
5:15-7:30 PM
Fresh Consulting – Portland
Get tickets here
PDXWIT Presents:
Winter Soiree & Awards Ceremony
December 14, 2023
5:30-7:00 PM
Cambia Health Solutions – Portland
Free – register here
OBI Accelerate Happy Hour Networking
January 11, 2024
5:30-7:00 PM
OBI Event Space – Portland
Free – register here
OBI Lunch & Learn: Bootstrapping Social
January 17, 2024
12:00-1:00 PM
Virtual
Free – register here