OBI & OTRADI February 2019 Newsletter

OBI Graduate AbSci Establishes New Collaboration with Sanofi

Click here to read the press release.


2018 was a robust year for funding for OBI Client Companies, including Vir Biotechnology and OBI graduate AbSci.

If you do not have access to Portland Business Journal, please see this PDF of the article.


Oregon has the #1 highest NIH SBIR/STTR application success rate from 2008-2017, and Business Oregon and OTRADI/OBI are called out in this report.


February OBI BioMentor Highlight

OBI offers an extensive BioMentor program to provide pro bono advice and assistance to promising life science and digital health entrepreneurs across the state of Oregon. This month we are highlighting Andrew Barofsky, President and CEO at RevMedx, Inc.

As a BioMentor, Andrew can help entrepreneurs with questions regarding intellectual property and patents, startup funding, government funded research and development, medical device regulatory and quality, product development and manufacturing.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.

To connect with BioMentors, please fill out this form.


OBI Client Company Wins


OBI/OTRADI was highlighted as the Portland IQ’s Partner in this lovely article. Thank you to the Portland IQ for the kind words.


OBI welcomed new client company Caregiven in January!

Caring for someone who won’t get better is one of the most expensive and traumatic experiences we all will go through; Caregiven’s digital health platform guides families to the appropriate end-of-life support and services so they can spend less time overwhelmed by administrative tasks and more meaningful time with their loved-one.

Website: https://caregiven.co/


OBI hosted a holiday party in December to thank all of our client companies for a wonderful year!

    

 

OBI partnered with Tonkon Torp to host our very first OBI Digital Health Mixer in January.


Join us for these upcoming OBI and OBI-Partner events:

Partner Event: Tonkon Talks – The California Consumer Privacy Act is on February 6th from 12-1PM. Register now. Free to attend.

OBI Event: Our monthly Accelerate Bio & Digital Health Happy Hour is on February 7th at OBI/OTRADI. Register now. Free to attend.

OBI Event: OBI is hosting a Lunch & Learn on sales and marketing on February 28th from 12-1PM. Register now. Free to attend.

Partner Event: Oregon Bioscience Association’s signature event Bio on the Rocks is on March 19th from 5-8:30PM. Register now. $35-$75 to attend.

Partner Event: OHSU’s 2019 Commercialization Conference will be March 27-28th. Register now. $20-$125 to attend.

OBI & OTRADI 2018 End of Year Newsletter

Happy Holidays from the OBI! We hope you have a splendid 2019!


Thank you for your support of OBI/OTRADI over the past year!  One of our biggest highlights of 2018 was celebrating the 10-Year Anniversary of OTRADI and the 5-Year Anniversary of our Oregon Bioscience Incubator (OBI) with a cruise aboard the Portland Spirit that attracted 250 celebrants. We’re proud to report that this anniversary celebration and a retrospective of our startups’ achievements was featured in a wonderful write-up in the Portland Business Journal.

NOTE: If you do not have full access to the Portland Business Journal, click here for a PDF of this article.


We were proud to have PIE and Built Oregon complete the video above about the OBI and our startups in 2018.


Above you can see the host of entrepreneurial programs the OBI hosted in 2018 along with logos of our wonderful sponsors and partners. Thank you to all of our partners and sponsors for supporting our programming and helping us make 2018 the best year yet for entrepreneurial programs and outreach at the OBI!


OBI/OTRADI BIG WINS FROM 2018

Portland’s biotech community finally gets its wish: a new lab-office building in the growing Portland IQ hub. OBI is happy to be partnering with Summit Development to make this exciting new space a success.

OBI/OTRADI’s Executive Director, Jennifer Fox, represented Oregon and promoted more robust funding for scientific research and STEAM education during the national Bio Fly-In Event in Washington DC.

OBI/OTRADI’s Executive Director, Jennifer Fox, represented Oregon at Digital Health World Congress in London.

 

 

In 2018 we redesigned our OBI website to be more user-friendly and helpful. Check out our new design!

 

 


2018 OBI Client Company Wins

 

 

 

 

 

 

 

 

 

 

 

 

  • OmnEcoil Instruments’ device has benefited from three grant awards; an NSF Phase I SBIR grant ($225K), an ONAMI Gap grant ($250K) and a Murdock Trust grant ($120K).

 

 

 

 

  • Sirona Dx launched a novel urine-based bladder cancer assay with PD-L1 quantification based on IncellDx’s single cell immuno-oncology/PD-L1 technology. Press release article.

 

 

 

 

  • Sonivate finalized product design including Dual-Array Probe, Graphical User Interface (GUI) and all board electronics.
  • System (Microsoft tablet) demonstration for military medical leadership in August 2018.
  • Two provisional patents filed; final GUI Design Patent filed.
  • Units for safety testing and verification & validation produced and assembled.
  • Biocompatibility testing initiated.
  • Safety testing planned (i.e. 60601, EMI, EMC, acoustic output, water/dust ingress).
  • Raised $1.2 million.

 

 

 

 

 

 

 

 

 

 

  • Veana Therapeutics has been awarded an SBIR Phase 1 grant from NIH to further develop their immunotherapeutics.

 

 

 

 

 


OBI WELCOMED SEVEN NEW STARTUPS TO OUR INCUBATOR IN 2018

Click here to learn more about our new companies.

Life Science & Digital Health CEO Peer-Mentoring Roundtable

The Oregon Bioscience Incubator hosts a bi-monthly Life Science & Digital Health CEO Roundtable that brings together CEOs for an invigorating exchange of information, ideas, and insights. This peer group is composed of both seasoned and inexperienced CEOs who delve into candid, solution-seeking discussions focused on CEO-level issues, and the challenges and pressures unique to top-level management.

This month’s topic of discussion will be “The Value of Strategic Partnering in Growing Your Startup.” Best practices and strategies for partnering will be discussed and each CEO will be given the opportunity to share their current experience with partnering, their plans and goals, and any partnering wins and how they achieved this success.

There will be an open forum after the discussion of this topic, so feel free to come with questions or topics you want CEO-level feedback on.

REGISTER NOW

NOTE: To ensure the integrity of the conversation, only CEOs are invited to attend this event.

Lunch will be provided, so please be sure to register so we know how much food and beverage to have on hand.

OBI Client Company Lunch & Learn – Learn about Bates Medical Systems

Come connect with your fellow neighbors at our OBI Client Company Lunch & Learn

If you would like to learn more about what other companies in the incubator are up to, join us for our monthly Lunch & Learns to hear updates from OBI client companies and to network. This is a great opportunity to connect with your fellow OBI client company members and to explore potential synergies.

For this session, we will be hearing from one of our new client comanies, Bates Medical Systems. We hope to see you there.

REGISTER NOW

NOTE: Lunch will be provided but you must register before January 21st to receive a lunch. Walk-in attendees are welcome, but please plan on bringing your own lunch if you have not registered.

We will also have an open forum after the presentation/discussion regarding anything related to OBI, so feel free to bring your comments, questions, and concerns.

OBI Digital Health Mixer PDX

REGISTER NOW

The Oregon Bioscience Incubator is currently the thought leader for Digital Health IT programming in the state of Oregon. The OBI fills the gap between research and commercialization by providing resources and expertise found nowhere else in Oregon. OBI operates Oregon’s first and only bioscience-specific incubator, and has recently begun incorporating Digital Health IT companies through educational programs, mentoring network and outreach to emerging Digital Health entrepreneurs and startups.

OBI and Tonkon Torp are partnering to bring you the first Digital Health Mixer where you can network with your fellow digital health enthusiasts, help build community, and learn about OBI’s free Digital Health programs for 2019.

Hors d’oeuvres and beverages will be served.

A huge thanks to Tonkon Torp for sponsoring this event.

OBI & OTRADI December 2018 Newsletter

OBI has opened a new Digital Health IT Annex co-working space with dedicated desks available for startups on a month-by-month basis. This new shared space is a great way to collaborate with other Digital Health IT companies while still having a place to call your own.

AMENITIES INCLUDED:

  • Specialized Mentoring: Entrepreneurs-in-Residence and unique BioMentoring program to assess company needs, identify and reach milestones and accelerate companies’ growth. Entrepreneurial training via workshops, peer-mentoring, etc.
  • Collaborations: Share resources, ideas, and space with regional incubators, accelerators, networking events, Life Science and Digital Health Startup CEO Roundtable Lunches, Lunch & Learns, and entrepreneurial training opportunities.
  • Space: 
    • Private kitchenette and server room
    • Access to conference rooms, meeting and networking spaces
    • Free parking
    • Key code access to building and OBI 24-hours/day
    • WiFi included
    • Utilities included
    • Janitorial services included

Contact Heather Ellis at hellis@otradi.org for more information or to schedule a tour of this space.


The Portland Business Journal selected DesignMedix as one of the winners of this year’s Makers and Manufacturing Award.

Each year the Portland Business Journal honors the region’s top manufacturing companies who drive our economy with innovation, excellence and productivity. These companies shape the future and build what is needed for our next generation.

NOTE: If you do not have access to the Portland Business Journal, click here for a PDF of this article.


OBI Client Company Wins


Gamma Therapeutics launched a crowdfunding campaign for “A New Way to Predict Heart Attacks and Strokes”


Now Announcing New Funding Opportunities for Oregon Startups!

SBIR/STTR Matching Grants from Business Oregon

Please note this grant DOES require a startup to have SBIR/STTR funding.

Business Oregon is looking for entrepreneurs and startups who would like to apply for this supplemental funding to match a portion of their SBIR/STTR grant/s. Business Oregon is accepting applications on a rolling basis, so you can apply as soon as you get all the materials together. All information is available on Business Oregon’s web page: www.oregon4biz.com/sbir. The application form and guidelines are in the resources box on the right side of the page.

Willamette Valley Capital

Now offering $100,000 capital investments for entrepreneurs and early stage businesses.

Oregon Venture Fund

Now offering up to $2M for startups and growth stage companies. OVP investors will contribute their expertise and leverage their network to help businesses succeed.


Join us for these OBI and OBI-Partner events in December:

Partner Event: Oregon Bioscience Association is hosting their signature event Bio in the Valley on December 6th in Eugene. Register now. $15-$35 to attend.

OBI Event: Our monthly Accelerate Bio & Digital Health Happy Hour is on December 6th at OBI/OTRADI. Register now. Free to attend.

 


Opportunities in the community:

Position: OHSU Program Manager – Innovation

OHSU’s Department of Surgery is looking for a full time Program Manager.

Apply now

Internship Grant Opportunity: Applications open Monday, December 3 for Prosper Portland’s first Small Business Internship Grants, available for up to 12 eligible small businesses in the Portland metro area.

 

 

Accelerate Biotech & Digital Health Happy Hour

REGISTER NOW

Please join us for our November Accelerate Biotech & Digital Health PDX Happy Hour at the Oregon Bioscience Incubator (OBI) / OTRADI!

Come mingle with your fellow biotech and digital health enthusiasts, help build community, and share your ideas on how to further accelerate the growth of these promising sectors in Portland.

These happy hours brings together creative and driven professionals who are passionate about promoting the growth of Portland’s Biotech and Digital Health sectors. This is a great opportunity to network and build relationships with individuals working across these sectors in both academia and industry. Enjoy a free drink, build community, and contribute your ideas and efforts towards accelerating Biotech and Digital Health in PDX.

Want to introduce your startup or idea at this event?

We have several speaking opportunities at each of our events. If you would like to speak about your startup or introduce yourself or your idea to the group then please reach out to hellis@otradi.org for more information.

Please be aware that the OBI will be taking photographs during this event. We may use these photos in marketing materials and your image may be included.

 

Thank you to Edge Networks for sponsoring this happy hour. 

Accelerate Biotech & Digital Health Happy Hour

Please join us for our March Accelerate Biotech & Digital Health PDX Happy Hour at the Oregon Bioscience Incubator (OBI) / OTRADI!

Come mingle with your fellow biotech and digital health enthusiasts, help build community, and share your ideas on how to further accelerate the growth of these promising sectors in Portland.

Our monthly happy hour brings together creative and driven professionals who are passionate about promoting the growth of Portland’s Biotech and Digital Health sectors. This is a great opportunity to network and build relationships with individuals working across these sectors in both academia and industry. Enjoy a free drink, build community, and contribute your ideas and efforts towards accelerating Biotech and Digital Health in PDX.

REGISTER NOW

A huge thanks to OHSU’s Technology Transfer and Business Development for sponsoring this event.

 

OBI & OTRADI October 2018 Newsletter

Thank you to those who were able to join us for our OBI/OTRADI 10-Year Anniversary Celebration!

 

We’re proud to report that our OBI Anniversary Celebration and a retrospective of our startups’ achievements was featured in a wonderful write up in the Portland Business Journal.

NOTE: If you do not have full access to Portland Business Journal, clink here for a PDF of this article.

 

More than 250 people attended our anniversary celebration, including Oregon legislators, OTRADI partners from research universities, incubators and accelerators across the state, entrepreneurial and startup leaders from OBI and beyond, Business Oregon, Oregon Bioscience Association, Technology Association of Oregon, Oregon Entrepreneur Networks, angel investors, venture capital investors, and bio and digital health leaders from across Oregon, to support OBI/OTRADI and our amazing startups. We could not ask for better partners and supporters or a more robust community of bio-entrepreneurs!

 


Check out the wonderful video about OBI and OTRADI startups that our partners at Built Oregon and PIE created for our 10-Year Anniversary Celebration!

 


OBI Client Company Wins

 

Aronora was granted FastTrack Designation for their proCase, an enzyme intended to reverse blood clot formation without increasing the risk of bleeding. This FastTrack designation allows for drug candidates to qualify for accelerated FDA approval.

NOTE: If you do not have full access to Portland Business journal, click here for a PDF of this article.

 


October BioMentor Highlight

 

OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science and digital health entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor Kevin Clark.

As a BioMentor, Dr. Clark mentors in areas of partnership development, venture capital investment, and grant/endowment financing for business growth and sustainability. He also advises on product trends, basic and clinical neuroscience/microbiology protocols, and IP management strategies.

Click here to learn more about our BioMentor program and to see our full network of BioMentor contacts.

To connect with BioMentors, please fill out this form. You are welcome to choose your preference of BioMentors or we are happy to choose who best to connect you with.


Portland’s own DesignMedix may be the startup that cures malaria some day soon.

 

OTRADI is proud to have contributed scientific work years ago, testing these potential drugs for DesignMedix.

Congratulations to DesignMedix and the thriving bioscience entrepreneurial community!

 


Join us for these OBI events and OBI’s Partner Events in October

 

Partner Event: Tonkon Torp is hosting a Tonkon Talks – How to Accelerate Growth on a Shoestring Budget on October 3rd. Register now. Free to attend.

Partner Event: OSU is hosting The Promise and the Peril of Artificial Intelligence and Robotics on October 23rd. Register now.

 

OBI Event: Join us for a Lunch & Learn on Best Practices in Medical Device Design on October 25th from 12pm – 1pm. Register now. Free to attend.

 

OBI Event: Join us for our monthly Accelerate Biotech & Digital Health Happy Hour on October 4th. Register now. Free to attend.


 

WIS-PDX Annual Mixer

All supporters of women in science are invited to the 5th Annual Women in Science Mixer at OMSI on Wednesday, November 14 at 6PM!

REGISTER NOW

Our goal is to bring together the regional women in STEM community and provide a platform for connecting women from many career paths and career levels. We will have a networking game with prizes, as well as a silent auction. WIS will donate 25% of silent auction proceeds to OMSI, which will be used to fund scholarships for OMSI professional development seminars and workshops.

Life Science & Digital Health CEO Peer-Mentoring Roundtable

REGISTER NOW

The Oregon Bioscience Incubator hosts a monthly Life Science & Digital Health CEO Roundtable that brings together CEOs for an invigorating exchange of information, ideas, and insights. This peer group is composed of both seasoned and inexperienced CEOs who delve into candid, solution-seeking discussions focused on CEO-level issues, and the challenges and pressures unique to top-level management.

This month’s topic of discussion will be “The State of Life Science Venture Investment in Oregon,” led by David Eastman, CEO of Gamma Therapeutics, and Duffy DuFresne, CEO of OmnEcoil Instruments. Goals and strategies for investment will be discussed and each CEO will be given the opportunity to share their current experience with investments, their investment plans and goals, and any investment wins and how they achieved this success.

There will be an open forum after the discussion of this month’s topic, so feel free to come with questions or topics you want CEO-level feedback on.

NOTE: To ensure the integrity of the conversation, only CEOs are invited to attend this event.

Lunch will be provided, so please be sure to register so we know how much food and beverage to have on hand.

REGISTER NOW

OBI & OTRADI August 2018 Newsletter

Join us! Registration is open for our upcoming OTRADI & OBI 10-Year Anniversary Celebration on September 11, 2018.

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.


OBI Client Company Wins

  • Madorra has been awarded a $2.3M Fast-track SBIR grant from the NIH to further develop their cutting-edge women’s health medical device.
  • SUTUREGARD Medical completed a successful human use clinical trial and was just issued a key patent on their device. They are among the top 15% of national applications to Defense TechConnect and have been invited to pitch for Department of Defense non-dilutive funding.
  • Veana Therapeutics has been awarded an SBIR Phase 1 grant from NIH to further test their immunotherapeutics.

OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor Dorota Shortell.

As a BioMentor, Ms. Shortell can advise in the areas of engineering and commercialization for companies and entrepreneurs. While Simplexity only works for existing corporations and funded startups, Ms. Shortell can help aspiring companies estimate engineering budgets needed to bring a product to market, while they are still in the fundraising phase.

Dorota will be giving a Lunch & Learn at the OBI on October 25, 2018. Stay tuned for more information.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Join us for these OBI events in August:

 Join us for our monthly Accelerate Biotech & Digital Health Happy Hour on August 2nd at PIE. Register now to attend.

Carol Pratt will be leading a Lunch & Learn entitled FDA Regulation of Digital Health Products on August 15th. Register now to attend.

Lunch & Learn – Best Practices in Medical Device Design

Following a proven design process reduces risk in the design of medical devices

Register Now

No matter where you are in the design of your medical product, it is beneficial to follow a proven design process to reduce risk and have the proper documentation in place for FDA submittal.

During this Lunch & Learn, Simplexity Product Development CEO Dorota Shortell and biomedical engineer and Director of Business Development Scott Jarnagin will walk through the steps of a typical design process for a medical device compared to non-regulated devices. Common steps of the design process will be discussed: initial concept, developing a product architecture, building prototypes, and iterating the design to be ready for manufacturing release. Case studies of devices and products that Simplexity engineers have designed will be explored, from medical instruments and wearables to high volume consumer products. By the end of the discussion it will be clear to the audience how the development of non-regulared devices and ISO-13485 controlled medical devices differ, and which steps they have in common.

Lunch & Learn – Financial Forecasting & What Data to Present

Building a scale-able financial system and creating meaningful forecasts

Managing the financial, tax and compliance aspects of a business can be daunting for many entrepreneurs and early stage companies. Creating a solid foundation is essential to running your business, submitting grant proposals and developing meaningful projections for investors and bankers.

Please join us for a Lunch & Learn where Elizabeth Ettling, Lisa Wernli-Hunt, and James Piccolo will talk about the foundational elements required to create your financial system and why managing your business on spreadsheets can be risky. They will discuss how to set up a financial system (such as Quickbooks Online), create a scale-able chart of accounts (the backbone of the system), and how to leverage the system to create accurate and meaningful financial statements and a detailed financial projection. They will also speak on the importance of simple internal controls to help protect against fraud and theft; including some experiences they have encountered throughout their careers.

REGISTER NOW

Note: Lunch will be provided, but you must register by September 17th to receive a lunch.

OBI & OTRADI JULY 2018 NEWSLETTER

We have redesigned our OBI Website to be more user-friendly and helpful. Come check out our new design!


The amazing work of OBI client company, Vir Biotechnology, was featured in a Portland Business Journal article entitled “How a $600M jolt could get OHSU’s promising AIDS vaccine to market.”


OBI Client Company Wins

NOTE: If you would like PDF versions of these articled, email us at info@otradi.org.


Join us! Registration is open for our upcoming OTRADI & OBI 10-Year Anniversary Party on September 11, 2018.

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.


Great articles about developments in the Portland Innovation Quadrant (Portland IQ). Click the photos for the full stories.


OBI has an extensive BioMentor program available to provide pro bono advice and assistance to promising life science entrepreneurs across the state of Oregon. This month we are highlighting OBI BioMentor and Entrepreneur-in-Residence, Gordon Hoffman.

As a BioMentor, Mr. Hoffman can provide advice and assistance in the areas of business creation, investment strategies and capital sources, market-entry and growth strategies, corporate governance and advisory boards, and for companies with origins in the academic/research sector, advice and assistance in working with institutions and researchers.

Click here to learn more about our BioMentor program and to see our network of BioMentor contacts.


Join us for these OBI events in July:

 

Join us on July 5th for our monthly Accelerate Biotech & Digital Health Happy Hour at the CLSB and sponsored by OHSU’s OCTRI. Register now to attend.

The OBI and Aliat are hosting a Lunch & Learn entitled The Benefits of Outsourcing HR, Benefits, and Payroll on July 17th. Register now to attend.

Carol Pratt will be leading a Lunch & Learn entitled FDA Regulation of Digital Health Products on August 15th. Register now to attend.

 

OTRADI 10th Anniversary Celebration and Cruise

Join us for a cruise to celebrate

10 years of OTRADI and 5 years of the Oregon Bioscience Incubator!

You are invited to attend OTRADI’s 10-Year Anniversary and OBI’s 5-Year Anniversary Celebration and Cruise aboard the Portland Spirit. We’re inviting the entire bio and startup entrepreneurship community, as well as legislators, partners, collaborators and supporters, to attend and celebrate 10 years of bio-research and startup accomplishments for our OTRADI/OBI community.

Come hear about the amazing work our researchers, entrepreneurs and startups have been engaged in for the past 10 years in Oregon. You’ll enjoy sparkling conversation, food, beverages and entertainment as we sail through the Portland Innovation Quadrant and past the lovely Oregon Bioscience Incubator on a private Portland Spirit Cruise!

SPEAKERS:

Register now

Below you will find more details about this event. Please be sure to allow time for traffic and parking so you do not miss out.

  • Event and cruise will proceed rain or shine. The boat has plenty of interior room to accommodate our party.
  • We will be boarding the Portland Spirit from the Salmon Springs Dock:
    • Portland Spirit Salmon Street Springs Dock (1020 SW Naito Parkway, Portland, OR 97204)
  • We recommend dressing business casual
  • Boarding will be from 5PM – 5:30PM
  • Speaking will occur from 5:30PM – 6:15PM
  • Boat will be docked during the speaking portion of the event. All must be aboard before 6PM.
  • Appetizers, buffet dinner and beverages will be provided, so please come hungry!
  • Boat will return to dock at 8PM

 

Directions to Salmon Street Springs Dock

503-224-3900

Boarding is at SW Naito Parkway and SW Salmon Street in the Tom McCall Waterfront Park, near the Salmon Springs Fountain.

For Map Quest:

Portland Rose Festival Office – 1020 SW Naito Parkway, 97204

World Trade Center – 121 SW Salmon Street, 97204

From Vancouver/North: South on I-5, take the 300B Exit (just past Hwy I-84 Exit). Keep in the right lane following the City Center signs. Cross the Morrison Bridge, keeping in the right hand lane and take the Front Ave/Naito Pkwy exit, it will loop around to SW Front Ave/Naito Pkwy Head South on SW Front Ave/Naito Pkwy to SW Salmon Street.

From Salem/South: North on I-5, follow the City Center signs to SW Front Ave/Naito Pkwy Exit 299A. Keep in right hand lane, and turn right on SW Front Ave/Naito Pkwy, continue north to Salmon Street.

From East Side: Cross Morrison Bridge westbound to SW Front Ave/Naito Pkwy. At the stop light turn Right. Follow to SW Salmon Street (between Hawthorne & Morrison bridges). SW Front Ave/Naito Pkwy runs North/South along the Willamette River.

From Beaverton: East on Sunset Hwy 26. Stay in middle lane through the tunnel. Take Market Street exit and follow Market Street to SW Front Ave/Naito Pkwy. Take a left on SW Front Ave/Naito Pkwy and follow North to SW Salmon Street.

From Gresham:  Take I-84 (Banfield) west to Portland. Take the I-5 South Exit. Follow the City Center signs keeping in the right hand lane. Cross the Morrison Bridge and take SW Front Ave/Naito Pkwy Exit, it will loop around to SW Front Ave/Naito Pkwy Head South on SW Front Ave/Naito Pkwy to SW Salmon Street.

From Airport: Take I-205 South ramp. Take Portland/I-84 exit. Merge onto I-84. Follow the City Center signs keeping in the right hand lane. Cross the Morrison Bridge and take SW Front Ave/Naito Pkwy Exit, it will loop around to SW Front Ave/Naito Pkwy Head South on SW Front Ave/Naito Pkwy to SW Salmon Street.

 

Parking Suggestions

  1. UNDER THE HAWTHORNE BRIDGE – Enter from SW Front Ave/Naito Pkwy northbound (coins or credit card payment only)
  2. UNDER THE MORRISON BRIDGE – Enter from SW Front Ave/Naito Pkwy southbound (coins or credit card payment only)
  3. SW FRONT AVE/NAITO PKWY, JUST SOUTH OF SW SALMON ST – Enter from SW Front Ave/Naito Pkwy southbound. This lot is across the street from the McCall’s Waterfront Cafe (coins or credit card payment only)
  4. SECOND AVE AND SW SALMON ST – Enter from Second Ave Northbound, or from Salmon St eastbound
  5. SMART PARK LOT – SW First and Jefferson – Enter from Jefferson Westbound mid-block right
  6. SMART PARK LOT – SW Fourth and Taylor – Enter on SW Fourth Northbound, mid-block right
  7. ON-STREET METERED PARKING – Free after 7pm, all days

MAX Light Rail Stations

FROM EAST SIDE: Stop at SW Third & Morrison Street, by Rock Bottom Brewery

FROM WEST SIDE: Stop at SW First & Yamhill Street

Blue Line operates from East to West. Red line operates from the airport to downtown. Green Line operates from Clackamas to downtown.

 

Note: Registration is required to attend.

Lunch & Learn – FDA Regulation of Digital Health Products

FDA Regulation of Digital Health Products: Recent Changes By FDA and Congress

Digital health is one of the most explosive areas of innovation with software products aimed at wellness and medical applications. Depending on the intended application, software may meet the FDA’s definition of a medical device and be subject to an extensive set of FDA regulatory requirements. Therefore, Developer Beware! It is critical for innovators to know early in the development cycle whether their software is or is not a medical device and, if so, what regulatory requirements apply so they can accurately plan the time and cost to market. Recent actions by the FDA and Congress in the last two years have dramatically changed the regulatory landscape for digital health products.

During this Lunch & Learn, Carol Pratt, PhD JD, will provide a tutorial on FDA regulation of medical devices and discuss how software can meet the definition of a medical device either as a standalone software or as a component or accessory. Dr. Pratt will then cover how the FDA currently is regulating different categories of health/medical software and will discuss the impact of the 21st Century Cures Act on the FDA’s current regulatory framework for digital health products. The scope of digital health products that Carol will cover includes wearables, mobile medical apps, clinical and patient decision support software, and AI. She also will discuss how the regulatory position of digital health products can affect business and payment models.

Register now

OBI & OTRADI June 2018 Newsletter

Save the Date for our upcoming OTRADI & OBI 10th Anniversary Party on September 11, 2018


OBI Client Company Wins


AbSci, the first company to graduate from our Oregon Bioscience Incubator, has just raised an incredibly impressive $12M Series C investment!

 


Jennifer Fox, Executive Director of OTRADI/OBI, and Denise McCarty, Executive Director of the Oregon Bioscience Association, represented Oregon at Digital Health World Congress in London where they met Pilar Hermida, Head of Globilasation at i-Expand.com and Michelle Zimmerman, Director of Digital Marketing at Fitscript.com. #DigitalHealth


Accelerate Bio & Digital Health Happy Hour

Our monthly happy hour brings together creative and driven professionals who are passionate about promoting the growth of Portland’s Biotech and Digital Health sectors. Register now to attend our July 5th happy hour.

 


The OBI welcomed new client company, SUTUREGARD Medical, in May 2018.

 


SBIR Road Tour Oregon on July 17, 2018

The SBIR/STTR Road Tour – Oregon will be a 1-day live event on July 17, 2018 located at Portland State University. It will provide an exceptional opportunity for small businesses and those supporting them to meet directly with over 25 program managers from the 12 Federal agencies with SBIR/STTR Programs, as well as USPTO and SBA. Register now!

 

OBI & OTRADI May 2018 Newsletter

The Portland Innovation Quadrant (Portland IQ), which leverages science, health, technology, and talent to create economic growth and opportunity for the entire Portland metro region, was officially launched at TechfestNW in April 2018. OTRADI and the Oregon Bioscience Incubator (OBI) have been working with public and private partners over the past year to make the Portland IQ vision a reality. The Portland IQ not only serves as the center of gravity for Portland’s innovation ecosystem, but will also become home to Portland’s newest bio building.


Portland’s biotech community finally gets its wish: a new lab-office building in the growing Portland IQ hub.


Jennifer Fox, Executive Director of OTRADI/OBI, and Denise McCarty, Executive Director of the Oregon Bioscience Association, represented Oregon and promoted more robust funding for scientific research and STEAM education, during the national Bio Fly-In Event in Washington DC. Ten meetings with 10 Senators and Representatives in 8 hous = 5 miles of walking and 1 ride on the Senate subway. #BioFlyIn #PortlandIQ #OTRADIBio


Join us for these OBI events in May:

 OBI, OCTRI, and OHSU’s TTBD are collaborating to host a Peer Entrepreneur Forum on May 8th where our distinguished panelists will discuss their transition from scientist/clinician to entrepreneur. Register now.

 

The OBI, in partnership with FutureBrand Speck, will be hosting a Lunch & Learn entitled Forget Me Not – Why Customer Research Matters on May 24th. Register now to attend.

 

As part of our Ater Wynne Lunch & Learn Series, the OBI will be hosting a discussion of Going Global for Technology Companies on May 30th, led by Akana Ma. Register now to attend.


SAVE THE DATE – SBIR Road Tour Oregon on July 17, 2018

The SBIR/STTR Road Tour – Oregon will be a 1-day live event on July 17, 2018 located at Portland State University. It will provide an exceptional opportunity for small businesses and those supporting them to meet directly with over 25 program managers from the 12 Federal agencies with SBIR/STTR Programs, as well as USPTO and SBA. Stay tuned for more information.


The OBI welcomed two new client companies in the past quarter:

 

OBI Client Company Lunch & Learn

Come connect with your fellow OBI Client Companies at our monthly OBI Client Company Lunch & Learn

If you would like to learn more about what other companies in the incubator are up to, join us for our monthly Lunch & Learns to hear updates from OBI client companies and to network. This is a great opportunity to connect with your fellow OBI client company members and to explore potential synergies.

For this session, Madorra will be presenting.

Register now

Lunch & Learn – The Benefits of Outsourcing HR, Benefits, and Payroll

The Entrepreneurs’ Ally

A professional back-office suite with everything you need to manage your HR, Benefits, and Payroll – all with affordable, 5 Star healthcare coverage. All in one place.

This Lunch & Learn will address how outsourcing can help you grow your company as well as the, sometimes significant, time and cost savings realized when you outsource administrative tasks that you are currently doing that do not generate a dime of revenue for your company.

Join us to hear how Aliat navigates you through the complexities of business ownership so you spend less time worrying, and more time doing.

Lunch will be provided complements of Aliat. Please be sure to register to help us with lunch headcount.

Register now

Lunch & Learn Series – Joint Ventures & Partnerships

2018 Tech Lunch & Learn Series

IP Strategies for Bioscience, Digital Health, and High Tech Companies

The OTRADI Bioscience Incubator (OBI), PSU Business Accelerator (PSBA), and Ater Wynne LLP are partnering again to bring you the new 2018 IP Strategies for Bioscience, Digital Health, and High Tech Companies Lunch & Learn Series.

Due to the success of last year’s Lunch & Learn Series, the 2018 IP Strategies Lunch & Learn Series will feature five new monthly presentations, which will cover, in more depth, issues that are critical to the success of technology-based companies in the high tech, digital health, and bioscience industries.

Frank X. Curci, a Partner at Ater Wynne LLP, will again moderate this Series and will provide advice and guidance in coordination with other speakers.

Please join us for the fifth program in our 2018 Lunch & Learn Series led by Soundharya Nagasubramanian:

Soundharya will discuss: “Joint Ventures & Partnerships”

When: June 13, 2018 12 – 1:15PM

Where: Portland State Business Accelerator (2828 SW Corbett Avenue, Portland, OR 97201)

Register

Lunch & Learn – What’s Next

So much to accomplish in so little time: deadlines to meet, investors to attract and please, regulatory hurdles to achieve and, hovering above it all, the unrelenting competitive and investor pressures to be the first to market.

If you are a member of this Biotech community, the screen image of your computer is barely faded from closing the last file you were working on before you have to ask yourself, “What’s Next?” – and then pivot both your body and brain to charge after it.

Having a great product is important, however, a top tier team to deliver and take the company to the next level is essential.

Join us to hear Karen Anderson and Suzanne Hanifin, co-founders of Acumen Executive Search, address how Biotech firms can secure funding while attracting and retaining the best and most talented players.

Topics covered will include:

  • Viewing your company within a 360 degree lens
  • Assessing talent gaps, team and synergy
  • The role of corporate culture
  • Vetting the best
  • Attracting the best: the offer
  • Selling the best: the role of your corporate brand
  • Assessing your team building, recruiting and on-boarding process
  • Forward thinking – What’s next and the talent required to do it

This interactive session will help you think through critical items you may have been too busy or reluctant to assess and face. Join us for this supportive, informative and valuable presentation.

Lunch will be provided complements of Acumen Executive Search.

Register

How bioscience incubators help industries grow

The need for supplying reasonable accommodations and mentoring services for startup companies is not a new concept. Most first-time business owners come from areas they know very well. They are experts in their chosen fields. For example, in bioscience and medicine, most new companies are started by trained scientists and medical professionals. They know their trade, but they often don’t know much about business. After all, that has never been their profession.

Continue reading “How bioscience incubators help industries grow”