News & Reports

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Beaverton company wants to give doctors the finger

Portland Business Journal

January 17, 2014
By Elizabeth Hayes

Beaverton-based Sonivate Medical Inc., which makes a finger-mounted ultrasound probe for hands-free imaging, is partnering with Fukuda Denshi USA to distribute the device and tap into a $1.4 billion global market.

The Sonivate SonicEye allows clinicians to to use one finger to image, leaving both hands free to simultaneously perform procedures, such as taking biopsies, inserting catheters and other needle-guided work, said CEO David Starr.

The FDA-approved device gives clinicians an advantage over a traditional, pinch-gripped […]

January 22, 2014 |

Galena Biopharma acquistion may deliver promising new drug

Portland Business Journal article: January 13, 2104

By Elizabeth Hayes, staff reporter

Lake Oswego-based Galena Biopharma has acquired Mills Pharmaceuticals, which has the worldwide rights to a drug with an estimated market size of up to $200 million in the U.S.

The drug is GALE-401, a patented, controlled release formulation of anagrelide, which is used to treat Essential Thrombocythemia (ET), an acquired disease of the bone marrow. ET is characterized by highly elevated platelet counts and is associated with vascular complications, including increased […]

January 16, 2014 |

Immunotherapy is journal Science’s ‘breakthough of the year’ and Providence is on the case

From the Portland Business Journal

January 6, 2014

By Elizabeth Hayes

The journal Science has identified immunotherapy as the Breakthrough of the Year, and although the accompanying article doesn’t name Providence Cancer Center specifically, the Portland-based center is a leader in the field.

Immunotherapy, which takes advantage of a patient’s own immune system to battle tumors, is the sole focus of Providence’s cancer research. Immunotherapy activates a patient’s immune system in a way that allows it to target and eradicate cancer cells, while minimizing […]

January 8, 2014 |

Introducing Co-op Donor Milk from Medolac

Easy to use, and more affordable than ever.

We are excited to announce the upcoming release of Co-op Donor Milk, the first donor milk that can be stored at room temperature! In partnership with Medolac Laboratories we have put in countless hours to ensure that Co-op Donor Milk offers an unparalleled level of safety, quality and convenience. Co-op Donor Milk was developed out of a need for an easy-to-use and more affordable donor breast milk.

What Makes Co-op Donor Milk Different?

Co-op Donor […]

OHSU to ask lawmakers for $200M for new buildings at South Waterfront

Cathy Cheney | Portland Business Journal

Oregon Health & Science University plans to ask state lawmakers to provide nearly half of the money needed to meet the $1 billion cancer challenge put forward by Phil and Penny Knight.

In a memo sent Thursday to employees and students, OHSU President Joe Robertson said the school would ask lawmakers during the legislative session that begins in February for up to $200 million in bonding authority. The money raised through the bond sale would fund […]

December 17, 2013 |

Oregon medical device company raises $3.8 million

Medical supply company Clear Catheter Systems Inc. has raised another $3.75 million, according to a new filing with the Securities and Exchange Commission.

The company makes chest catheters that are used after heart surgery. The technology helps prevent problems from blood clots, which are common after cardiac procedures.

A Clear Catheter executive did not immediately return a call for comment. Such SEC filings sometimes give an incomplete picture of a fundraising round.

The Bend company has raised equity from investors several times, including […]

November 13, 2013 |

OSU study touts ‘revolutionary’ drugs

By Nick Budnick

A new generation of antibiotics to tackle nasty, evolving bacteria could be on the way, an Oregon-led study claims.

Mice infected with Acinetobacter, a bug that has become a life-threatening problem for patients and combat troops in the Middle East, all survived when treated with the new antibacterial agent, according to a study published in the Journal of Infectious Diseases.

Mice who didn’t receive the treatment all died.

The new antibacterial agent is a synthetic substance that mimics DNA […]

October 22, 2013 |

Growing the future

Alaska Airline Magazine – October 2013 – by Eric Gold

The City of Roses has become known as a center for startup businesses.

Portland resident Matt Ellis says he didn’t expect that his work with cloud computing would result in the launch of a new company. Originally from London, the longtime entrepreneur moved to Portland with his wife in 2010 to be near her family. Soon, he began consulting with companies where his friends worked on how to migrate to cloud computing- the shift from […]

October 21, 2013 |

Could restructuring the medical device tax break the D.C. logjam? Minneapolis Star Tribune editorial

Consider alternatives to a full repeal in the ongoing budget talks.

October 11, 2013, by Editorial Board, Star Tribune

Even from Minnesota, it’s clear that the political momentum behind yet another wrongheaded push to repeal a new medical industry tax is gathering strength in Washington, D.C.

Despite being part of a health industry coalition that sent a letter to President Obama vowing to do “our part” to make health reform “a reality” in the run-up to the Affordable Care Act’s 2010 passage, the […]

October 16, 2013 |

Strange Political Devices – Editorial in Wall Street Journal

Conservatives betray their principles by opposing repeal of the tax on medical devices.

October 13, 2013

The budget talks moved to the Senate on the weekend after President Obama rejected the latest offer from House Republicans. Democrats are smelling blood amid the latest polls, and one of their political goals is getting the GOP to ease the sequester caps. We address the sequester in the editorial below, but some conservatives have become so politically disoriented by this debate that they are now […]

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