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Seattle biotech Kineta has a plan for faster investor returns
A new biotech business model aimed at earning faster returns for investors will be facing its first test in the next 12 months. Seattle-based biotech Kineta is taking a nontraditional approach,...
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Seattle researchers fear federal cuts will cost lives and jobs
Seattle scientists are worried that lives and jobs will be lost if federal budget cuts to cancer and health care research aren’t reversed. The issue brought together a number of experts Tuesday at the...
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Former Microsoft manager on saying "yes" to marijuana
Jamen Shively had never tried marijuana until about 18 months ago, but now he’s being hailed as the man to bring corporate credibility to the recreational cannabis industry. Shively is working to...
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Cell Therapeutics' loss widens as it begins selling cancer drug
This story has been updated to provide more earnings details and company background. Cell Therapeutics Inc. generated $1.1 million in revenue through European sales of its cancer drug Pixuvri, but...
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Hospice group: That Medicare payment increase won't be enough
The Centers for Medicare & Medicaid Services (CMS) is proposing a 1.1 percent increase in Medicare payments for hospices in fiscal year 2014, but that won’t offset the 2 percent sequestration cut...
View ArticleResearchers fear federal cuts
Seattle scientists are worried that lives and jobs will be lost if federal budget cuts to cancer and health care research aren’t reversed. The issue brought together a number of experts April 30 at the...
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When is job creation during the recession a bad thing?
It’s supposed to be a good thing when an industry drives job creation during a recession, but Mary McWilliams, executive director of the Puget Sound Health Alliance, says that’s not always the case. It...
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New financial leadership at Seattle YMCA
The YMCA of Greater Seattle has hired a new chief financial officer to oversee the organization’s finances for all 13 regional branches. Julie Brown comes from Louisiana, where she was a partner and...
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Big Puget Sound hospitals competing for partnerships with three smaller...
Four of the Puget Sound’s largest hospital systems are competing to affiliate with three smaller hospitals in Skagit and Snohomish counties. UW Medicine, Virginia Mason Medical Center, PeaceHealth of...
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Seattle Symphony reaches tentative agreement with musicians
The Seattle Symphony Orchestra has reached a tentative contract agreement with the musicians who play for the Symphony and the Seattle Opera. The Seattle Symphony and Opera Players’ Organization has...
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Seattle Symphony ends 2011-12 season in the black
This story has been updated to clarify the Symphony's performance revenues. The Seattle Symphony Orchestra cut expenses by $1.6 million in the 2011-2012 season, ending the year with a positive net...
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Seattle Genetics' 1st quarter net loss widens to $16M
Seattle Genetics Inc. had a net loss of $16.3 million in the first quarter of 2013, which was greater than the $12.3 million loss for the same period in 2012. The company had $344.1 million in cash and...
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Managing the project of a lifetime: marijuana legalization
Steven Davenport has a cool job. The 25-year-old is the managing director for Botec Analysis, the consultant team helping the state Liquor Control Board develop a newly legal marijuana market. He’s not...
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Labor board expected to issue complaint against Providence St. Peter Hospital
The local region of the National Labor Relations Board (NLRB) has notified Providence Health & Services that it will issue a complaint over changes to the employee health plan at St. Peter Hospital...
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Hospital billing varies wildly from one facility to the next
Heart surgery at Swedish Medical Center's Cherry Hill hospital is, on average, more than three times as expensive as it is at Virginia Mason Medical Center, about a mile away, according to a government...
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Washington's health insurance exchange doesn't have California's problem with...
California’s health insurance exchange is fraught with secrecy, thanks to the way that state built its response to federal health insurance reform. But Washington state doesn't have that problem. The...
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Oncothyreon losses widen in Q1
Oncothyreon Inc.’s net losses widened in the first quarter of 2013, a change the company largely attributes to administrative expenses and an increase in research and development. The Seattle-based...
View ArticleWashington community health centers eligible for $4.5M in grants
Several Washington state community health centers are newly eligible for $4.5 million in new federal funding. Health and Human Services (HHS) Secretary Kathleen Sebelius announced Thursday that the...
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Seattle Children's has filled every bed in its new hospital expansion
Note: This story has been updated to add detail about upcoming phases of the Building Hope project. Seattle Children’s Hospital has already filled every bed in its new Building Hope expansion, said Dr....
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In Seattle, former Mexican president urges end to marijuana prohibition
During a visit to Seattle Thursday, former Mexican President Vicente Fox made it clear that America’s drug policy is personal for him and the people of his country. “The impact in the economy on...
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