Penn Center for Innovation

The redemption of James Wilson, gene therapy pioneer

Posted on September 13, 2019 — Jessica Jones Gupta

A deep look into the history of gene therapy through the work of Penn’s Dr. James Wilson. Read more. (Chemical & Engineering News)

Philly’s Mini Maker Faire for local inventors and crafters returns this October

Posted on September 9, 2019 — Jessica Jones Gupta

Despite the national organization shutting down earlier this year, the Philly chapter of the Maker Faire will return to Pennovation next month — and hopes to double attendance. Read More. (Technical.ly Philly)

Alzheimer’s pioneer Virginia Lee wins $3 million Breakthrough Prize for work at Penn

Posted on September 5, 2019 — Jessica Jones Gupta

Virginia Lee, director of the Center for Neurodegenerative Disease Research at Penn’s Perelman School of Medicine, was awarded one of seven $3 million Breakthrough Prizes. Read More (Philadelphia Inquirer)

Gene therapy startup Passage Bio raises $110M Series B, its second raise in less than a year

Posted on September 4, 2019 — Jessica Jones Gupta

Philadelphia-based novel gene therapy startup Passage Bio says it closed a $110 million Series B round of funding, less than seven months after raising a $115.5 million Series A. The company’s latest round of funding was led by Access Biotechnology, with participation from existing investors OrbiMed, Frazier Healthcare Partners, Versant Ventures, Lily Asia Ventures, New…

Three-year-old pumping bra startup Lilu is shipping its first orders

Posted on August 30, 2019 — Jessica Jones Gupta

Lilu, a graduate of PCI’s I-Corps program, is starting to ship orders of its flagship product, a hands-free bra with automated massage. Read more. (Technical.ly Philly)

Treatment doctor tested on himself can put others into remission

Posted on August 19, 2019 — Jessica Jones Gupta

Five years ago, David C. Fajgenbaum, MD, MBA, MSc, both a Penn Medicine researcher and patient, tried an experimental treatment based on his laboratory research findings in the hopes of saving his own life. He has been in remission ever since. Now his research is shedding new light on why it worked, paving the way…

A wearable new technology moves brain monitoring from the lab to the real world

Posted on August 14, 2019 — Jessica Jones Gupta

The portable EEG created by PIK Professor Michael Platt and postdoc Arjun Ramakrishnan has potential applications from health care to sports performance. Read this Article (Penn Today)

Blinking eye-on-a-chip used for disease modeling and drug testing

Posted on August 9, 2019 — Jessica Jones Gupta

People who spend eight or more hours a day staring at a computer screen may notice their eyes becoming tired or dry, and, if those conditions are severe enough, they may eventually develop dry eye disease (DED). DED is a common disease with shockingly few FDA-approved drug options, partially because of the difficulties of modeling…

Carisma Therapeutics raised nearly $60M in Series A funding. Now what?

Posted on August 8, 2019 — Jessica Jones Gupta

What’s ahead for the cell therapy startup working out of the now-full BioLabs@CIC. Carisma Therapeutics, working on a cellular therapy aimed at fighting solid tumors, is planning for growth: The University City company is hoping to hire about 10 more employees by the end of the year after raising nearly $60 million, its CEO told…

Here’s how much venture capital Philly companies have raised so far in 2019

Posted on August 7, 2019 — Jessica Jones Gupta

With half a billion invested, companies in and around Philadelphia have raised more in the first half of 2019 than at the same time in years prior, according to data from the PwC/CB Insights MoneyTree report. Read More on Technical.ly Philly