Penn Center for Innovation

Cash for brains: B.Franklin Tech pumps $2.3M to 16 start-ups

Posted on February 1, 2017 — Kat Hinkel

From the Philadelphia Inquirer, January 31, 2017 “Ben Franklin Technology Partners, the Philadelphia-based, state-backed startup/early-stage investment fund, says it’s spreading $2.3 million among 16 new and repeat companies set up by locally-based brains: Jenrin Discovery Inc. (Ross. J. Chorvat, Wilmington, Del.) — developing “small-molecule drugs” that “selectively target peripheral receptors” for liver disease, diabetes, obesity….

Quarterly Patents (Oct., Nov., Dec. 2016)

Posted on January 31, 2017 — Kat Hinkel

We are proud to recognize the following inventors who have been issued patents in the last quarter. Congratulations! US Patents Country PI Patent # Patent Title Issue Date United States Bau 9,476,102 Isothermal Nucleic Acid Amplification Reactor with Integrated Solid State Membrane  10/25/2016 United States Carpick 9,478,244 Method and Material for Protecting Magnetic Information Storage…

Y-Prize winners want to speed up beer brewing (Penn Current)

Posted on February 5, 2016 — Kat Hinkel

Drinks are on them: Alexander David, Shashwata Narain, and Siddharth Shah, students in the Wharton School and the School of Engineering and Applied Science, have won the 2016 Y-Prize Competition with a plan to speed up the fermentation stage of beer brewing by up to nine times. Siddharth Shah, Shashwata Narain, and Alexander David make…

Penn’s new startup accelerator class is all about health IT (Technically Philly)

Posted on December 23, 2015 — Kat Hinkel

By Juliana Reyes / REPORTER Is the next big health IT startup percolating at Penn? Penn just announced the second class of startups in its National Science Foundation-backed I-Corps accelerator and it heavily skews toward health IT, much like its first class. (We bet that the folks aiming to make Philly a health IT hub are happy…

Penn spinout raises $2M (Philadelphia Business Journal)

Posted on December 3, 2015 — Kat Hinkel

By John George Senior Reporter Philadelphia Business Journal Liquid Biotech USA Inc., a Philadelphia company spun out of the University of Pennsylvania’s Penn Center for Innovation, raised $2 million in a private stock sale. The $2 million investment was made by Oncolys Biopharma Inc. of Tokyo, Japan. Continue Reading

Philly biotech firm gets $2M investment from Japan (Philly Voice)

Posted on — Kat Hinkel

Liquid Biotech USA privately sold stock to a Tokyo-based biopharma firm BY SHARON LURYE PhillyVoice Staff A Philadelphia biotech company with ties to the University of Pennsylvania raised $2 million through an investment from a Tokyo firm, the Philadelphia Business Journal reported. Continue Reading

President’s Innovation Prize: The Fast Track to Social Entrepreneurism at Penn (Penn News)

Posted on — Kat Hinkel

By Christina Cook Equipped with creativity, an entrepreneurial spirit and a passion for putting their knowledge to work for the greater good, some members of the University of Pennsylvania’s senior class will, after a post-graduation period of planning, design and fundraising, develop commercial projects that both generate a sustainable profit and make a lasting social…

These Penn grad students want to build virtual prisons, Airbnb for driveways and more (Technically Philly)

Posted on November 24, 2015 — Kat Hinkel

By Ben Porten / CONTRIBUTOR The best and brightest of Penn’s faculty, staff and student body slugged it out last week at the AppItUP competitionto see who had the best idea for an app. Winners ranged from virtual prisons to driveways rented by the hour to fitness wearables that actually work. Now in its third year and…

President’s Innovation Prize

Posted on November 17, 2015 — Kat Hinkel

If you are a senior graduating from Penn this year, you may have heard about the President’s Innovation Prize (PIP). If not, read on. The PIP is an award of $100,000 given to a team of graduating seniors to develop a for-profit company that “does good” in the world. Full-time students graduating this semester or next are…

Academia, big pharma find collaboration fruitful (Philadelphia Inquirer)

Posted on October 19, 2015 — Kat Hinkel

By David Sell, Inquirer Staff Writer Elizabeth Grice, a University of Pennsylvania assistant professor, embodies the new way that academia and drug companies collaborate on research to generate cash for schools and profitable medicines for manufacturers. Grice, like many researchers, gets most of her funding from government agencies such as the National Institutes of Health…