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Author: Samantha Savello

Novel Therapeutics Forum Brings Together Investors and Innovators at Penn 

PCI and Penn Medicine partnered with Citizens JMP for the inaugural ‘Novel Therapeutics Forum’ at Penn.

ToxiSense Develops Plant-Based Alternativeto Horseshoe Crab Blood 

ToxiSense is developing a plant-based alternative to test for bacterial toxins in vaccines and medical devices, which could eliminate the current need for  bloodletting of horseshoe crabs.

Linnaeus Therapeutics Awarded European Patent

Linnaeus Therapeutics, Inc. announced the issuance of EP patent 3823617 by the European Patent Office (EPO) covering the pharmaceutical composition of matter for their lead compound, LNS8801.  

Exyn Technologies Pioneers Drone Software for GPS-denied Environments 

Exyn Technologies, a PCI Ventures portfolio company focused on multi-platform robotic autonomy, is receiving global recognition for its groundbreaking drone software.

Nia Therapeutics Raises $8.5 Million 

Penn spinout Nia Therapeutics recently raised $8.5 million in an equity financing round.

2024 President’s Innovation Prize Winning Team Focused on Making Life Easier for Students with Learning Differences  

The President's Innovation Prize was recently awarded to fourth year Penn Engineering students for their project Jochi. 

Capstan raises $175M Series B

Proceeds from the financing will be used to advance Capstan's lead in vivo chimeric antigen receptor T cell (CAR-T) candidate, CPTX2309, to early clinical proof-of-concept in autoimmune disorders.

iEcure Gains FDA approval to Conduct FirstGene Therapy Treatment  

Utilizing ARCUS, a gene editing tool developed by Precision BioSciences, the therapy aims to provide a lifelong fix for this disease, potentially benefiting thousands of individuals in the US alone.

Penn Provides Expert Testimony for State Senate Policy Committee Public Hearing on Pennsylvania as an Innovation Leader 

The Senate Republican Policy Committee convened a public hearing exploring Pennsylvania’s role as an innovation hub and the importance of startups and established companies.

Penn Researchers Discover New Technique to Form Human Artificial Chromosomes

Researchers at Penn led by Ben Black, PhD, the Eldridge Reeves Johnson Foundation Professor of Biochemistry and Biophysics, have found a new way to create synthetic chromosomes.

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