Pathway Medical secures $24.5 million

Kirkland-based Pathway Medical Technologies, Inc., an innovator of endovascular treatments for peripheral arterial disease (PAD), announced last week it had secured a $24.5 million in financing to used to prepare for commercialization -- specifically to build a sales and manufacturing organization in anticipation of the market introduction of its Pathway PV Atherectomy System.

Kirkland-based Pathway Medical Technologies, Inc., an innovator of endovascular treatments for peripheral arterial disease (PAD), announced last week it had secured a $24.5 million in financing to used to prepare for commercialization — specifically to build a sales and manufacturing organization in anticipation of the market introduction of its Pathway PV Atherectomy System.

Pathway Medical Technologies, Inc. was founded to design, market and manufacture medical devices for the treatment of arterial disease. The company’s initial focus is treating peripheral arterial disease (PAD) more quickly and effectively than existing technologies. An estimated 8-12 million people are afflicted by PAD in the United States.

Two local auto shops earn AAA top award

Two Kirkland auto garages, Price Brothers Garage and Jay’s Kirkland Auto Care, have been recognized as AAA Top Shops for 2007.

Each year, AAA Washington evaluates the quality of repair work, courtesy of employees, and the shop cleanliness of each AAA Approved Auto Repair facility in Washington and northern Idaho. Measured by customer satisfaction surveys and feedback, the “best of the best” earn a AAA Top Shop Award. The facilities that earn this honor typically have received customer satisfaction rates close to 100 percent during the last calendar year.

Triad wins award for cottage development

At last month’s Professional Awards, the Washington Chapter of the American Society of Landscape Architects (WASLA) selected the Danielson Grove project of Kirkland’s Triad Associates as the “Best in Residential Design.” Over 150 attendees also singled out the Danielson Grove “cottage development” project in North Rose Hill to receive the People’s Choice Award from the 30 other submitted projects. The competition was open to all landscape architects registered with the State of Washington.

Grove achieved the award on a number of fronts – its stormwater management, vegetated swales, water detention, pervious surfaces and its basic premise that ‘small is beautiful. The jury also commended the City of Kirkland for its Demonstration Housing Project Ordinance and sees Danielson Grove “as a model for other communities.”

To learn more about the project, visit www.cottagecompany.com/ccDanielsonGrove.html.

Waterway Cruises expanding to Kirkland

Waterways Cruises and Events is expanding its operations to the Eastside, now offering dining and sightseeing cruises as well private yacht charters departing out of Carillon Point in Kirkland.

A grand opening from 5 to 8 p.m. April 30 at Carillon Point will kick-off Waterways’ Kirkland operations. Waterways Cruises’ luxury entertainment yachts Emerald Star, Olympic Star and Destiny will be docked and available for viewing.

Waterways’ regular public cruises from Carillon Point will include a Captain’s Brunch Cruise on Sundays, Sunset Dinner Cruise on Friday evenings and a Midweek Lunch Cruise on Wednesdays.


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