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…

People of PCI: Melissa Kelly

Posted on — Jessica Jones Gupta

The Penn Center for Innovation is often the behind-the-scenes force promoting Penn discoveries, innovation, and technology. With this blog series, we’re moving the amazing PCI staff into the spotlight to learn about what they do, what led them to PCI, and how their work helps the greater Penn community. Our second spotlight shines on Melissa…

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 Philly

Recently Awarded Patents (April, May + June 2019)

Posted on — Jessica Jones Gupta

We are proud to recognize the following inventors who were issued patents between April and June 2019. Congratulations!   US Patents (15) Chitosan-Based Matrices And Uses Thereof By Bert O’Malley, MD of Penn Medicine Patent 10,245,274 Issued: 4/2/2019 Technology Description   Random RNA Libraries, Methods Of Generating Same, And Screening Methods Utilizing Same By James Wilson,…

Having trouble navigating the commercialization process? Our Open House is for you!

Posted on August 5, 2019 — Jessica Jones Gupta

On Tuesday, September 17, the Office of the Vice Provost for Research is opening the doors for its first annual Open House. This event is designed to connect the Penn community and partners to the resources, tools, and advice needed to successfully commercialize innovation. During the event, you can meet with the experts at Penn…

A Center City biotech company is using an algorithm to help patients with memory loss

Posted on July 29, 2019 — Jessica Jones Gupta

Nia Therapeutics’ technology stimulates memory for patients with traumatic brain injury. On the roadmap: treating mild cognitive impairments and Alzheimer’s disease, too. Read on Philly website.

The OrVac wins the Pennovation Accelerator Summer 2019 Pitch Day

Posted on July 26, 2019 — Jessica Jones Gupta

The competition was stiff at this summer’s Pennovation Accelerator Pitch Day, held on Thursday, July 25.  So much so, that judges deliberation took longer than on any previous pitch day. But in the end, The OrVac, a medical device invented by Tyiwanna Carter, got the win and the prize of $5,000 and six months of…

Three-dimensional printing turns fiction into medical reality

Posted on July 25, 2019 — Jessica Jones Gupta

Three-dimensional printing—sometimes called additive manufacturing—uses millions of coordinates to deposit small amounts of material in specific areas based on a computer-aided design (CAD). While the technology dates back to the mid-1980s, it’s only been in the past several years that its potential has come to the forefront, especially in the health care environment. Indeed, 3D…

Fall 2019 Penn companies seeking capital

Posted on July 24, 2019 — Jessica Jones Gupta

The fall 2019 Penn companies raising capital from venture capitalists and other sources has been announced. View the list