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|Articles - July/August 2014|
|Friday, July 11, 2014|
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BY LINDA BAKER | PHOTOS BY JASON KAPLAN
Lake Oswego entrepreneur Elena Medo is yanking an age-old practice — wet-nursing — into the 21st century.
The founder and CEO of Medolac Laboratories, Medo this past year opened a 5,000-square-foot headquarters and processing facility, where her 18 employees convert “raw” breast milk into a shelf stable product that can be sold to hospitals and humanitarian aid organizations. Medolac sources the milk from the Mother’s Milk Cooperative, a first-of-its-kind organization Medo established on Mother’s Day 2013 that pays mothers for their milk.
It’s a decidedly postmodern endeavor: applying industrial-scale food-processing technology and social venture/sharing economy principles to enable mass production of human breast milk.
“It’s the producer-processor model,” explains Medo, who is at once pragmatic and passionate about the Medolac setup and its benefits. “Think tomatoes, think dairy,” she explains. “The producers are the people who provide the raw material — in this case, moms. The processor is Medolac. Medolac processes it, but the milk belongs to the co-op.”
In 2014 everyone knows breast milk is best. Getting new moms to switch from infant formula to nursing ranks as one of the public health movement’s big success stories. Over 70% of American women now breast-feed their infants for some amount of time; 44% nurse for six months.
Medolac is entering the scene as a new phase of the breast-feeding campaign unfolds. More and more hospitals are adopting breast milk as a standard of care in neonatal intensive care units (NICUs). For premature babies, human milk provides a protein necessary for healthy development; it can also prevent necrotizing enterocolitis, an intestinal illness that is a leading killer of premature infants. If the mother of a preemie is unable to produce milk, many hospitals now use donor milk when available.
A network of nonprofit milk banks with volunteer donors serves that market. But those milk banks supply less than 5% of very low-birthweight babies’ requirements, asserts Medo, whose credentials include an M.B.A. with a health focus. Paying moms will help scale production to meet demand, she says. Plus, unlike nonprofit donor milk, which must be kept frozen, Medolac’s product can be stored at room temperature — for up to three years. It’s a model Medo says will dramatically increase access to breast milk in the U.S. and around the world.
“We anticipate serving the entire domestic market and extending into the global market in five years,” she says. “There is no acceptable reason for babies to die for lack of donor milk. But that’s what’s happening.”
Medo, 60, has been in the for-profit breast-milk game since 1999, when she started Prolacta Bioscience, a San Diego company that developed a human milk fortifier for use in NICUs. She left in 2008, as a new executive team was thinking about selling the company. “It wasn’t the environment that really fostered innovation. And I really wanted to innovate.”
Armed with a federal-discovery grant and seed capital, Medo launched Medolac in 2009. She also received a USDA grant to explore the feasibility of a milk co-op. Four years later, Medo, along with her husband and Medolac COO Joseph Medo, relocated to Oregon. (Her daughter, Adrianne Weir, oversees the milk cooperative). “The rent, the cost of employees are all dramatically lower here than in California,” Medo says. The Oregon lifestyle was also appealing: “very family friendly, wholesome, lots of water.”
Thursday, August 27, 2015
BY LINDA BAKER | EDITOR
How do you put a baby on the cover of a business magazine without it looking too cutesy?
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
Tuesday, August 04, 2015
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.