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|Articles - March 2013|
|Monday, February 25, 2013|
BY LINDA BAKER
Giving asthma medication to young children is a trying task. Kids don’t like to wear the face mask that allows the nebulized mist to be inhaled, creating stress for parents and resulting in more emergency room visits. In search of a solution, Sarah Cota, a Bend mother with a 7-year-old asthmatic son, has come up with an alternative delivery method: the JettPak, a hands- and mask-free nebulizer accessory that administers medicine to kids while they are sleeping. The president of JettStream, a medical device startup, Cota says things have been “rolling like crazy” since the company incorporated in 2012. JettStream has five employees, raised $250,000 of a $750,000 seed round, and is preparing to begin clinical trials at Bend Memorial Clinic. The company also runs an online asthma education and community site providing tips and tricks for parents, and it is considering creating a curriculum for doctors. Tests conducted at Bend Research earlier this year showed the JettPak delivered the same amount of medication as the mask and nebulizer, says Cota, who plans to roll out the device this summer to consumers and health care providers. Hospitals view the JettPak as a cost-effective way to reduce unnecessary emergency room visits, says Cota, a 36-year-old former social worker who never imagined herself running a corporation.
PRODUCT: Nebulizer accessory
PRESIDENT: Sarah Cota
LOCALLY GROWN: “Typically, clinical trials come through big pharmaceutical companies. So hospitals here are excited to have a product from a Bend company come through. The Oregon Bioscience Association has been a huge help with networking. They continually help us reach out for funding.”
BIG GUN: “Dr. James Fink is the leader globally in research for nebulizer medication. I stalked him for two months on the Internet before meeting him in San Francisco. He joined our advisory panel. That was the biggest home run for us. ‘Oh, my God. We got Dr. Fink onboard.’”
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
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Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.