November 30, 2015
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M3 Bioengineering raises $3.5 million to research drugs for Alzheimer's, other brain diseases

Founded just four years ago at Washington State University, M3 Bioengineering has landed $3.5 million in round A funding for its pursuit of treatments for debilitating brain diseases such as Alzheimer’s and Parkinson’s.

Leen Kawas, the co-founder and CEO of M3 Bioengineering, said the company will use the investment to prepare for a phase 1 human clinical trial of its Alzheimer’s drug candidate and to apply for fast-track status from the U.S. Food and Drug Administration for the product.

The company previously raised $2.3 million, including grants from the National Institute of Health, Alzheimer's Drug Discovery and Michael J Fox Foundation.

Kawas spoke at the 2015 AWB Policy Summit as part of a panel discussion on leadership. An interview with her will be part of AWB’s upcoming winter magazine. Watch for “In Their Words” with Leen Kawas in the winter edition of Washington Business Magazine.

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Washington Is Already a Climate Leader

Low-Cost, Low-Carbon: The Northwest's 20-Year Energy Plan

By the Washington Climate Collaborative

The Northwest remains an attractive location for job creation due to its low-cost and low-carbon electricity -- companies want to locate here and workers want to work here. On the eve of Governor Inslee's trip to Paris for the United Nations Conference on Climate Change, it's an opportunity for him to tout his own state's carbon-reduction leadership.

Rather than spending time focusing on complex, top-down regulatory schemes designed to drive up the cost of energy, leaders should find ways to encourage innovation and collaboration. If they do, Washington can make a great contribution to that discussion.

Click here to read the full blog post from the Washington Climate Collaborative
Bringing Back Charter Schools

New Task for Lawmakers

By the Editorial Board of The Columbian

Washington lawmakers should add another item to their long to-do list for next year -- bring charter schools into compliance with the state constitution.

First of all, charter schools are the will of the voters. Secondly, in approving charter schools, Washington became the 42nd state to allow them. There seems to be little reason the state cannot learn from other parts of the country and embrace charter systems that work well while eschewing those that do not.

Lawmakers should be beholden to what is best for students -- and that means a well-managed charter school system.

Click here to read the full editorial in The Columbian
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