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Category: Startups

Mitchell Lab Discovers Siloxane-Enhanced Nanoparticles and Refines LNPs to Advance mRNA Medicine   

A group of researchers at Penn Engineering led by Michael Mitchell, PhD, Associate Professor in Bioengineering, have developed a method to direct lipid nanoparticles (LNPs) to target specific tissues.

Franklin Biolabs Names its First CEO

Franklin Biolabs, a Penn spinout founded by James Wilson, MD, PhD, Rose H. Weiss Professor in Penn Medicine, has named Vatsala Naageshwaran as its first chief executive officer. 

Ocuphire Pharma Announces Acquisition of Opus Genetics, a Penn startup based on technology developed by Dr. Jean Bennett and colleagues   

The merger between Opus and Ocuphire creates a transformative biotech company, renamed Opus Genetics, Inc, which is committed to the development of gene therapies for the treatment of IRDs.

EpiVario Secures Key Patents for Innovative Addiction Treatment  

EpiVario, Inc., a Penn spinout co-founded by Shelley Berger, PhD, the Daniel S. Och University Professor at Penn Medicine, announced the issuance to Penn of US Patent No. 12,077,527.

Penn spinout REGENXBIO Presents Positive Data from Phase II Study for Wet AMD Treatment   

Penn spinout REGENXBIO, co-founded by James Wilson, MD, PhD, Rose H. Weiss Professor in Penn Medicine, announced positive results from a phase II study for its treatment ABBV-RGX-314.

Interius BioTherapeutics Doses First Patient within vivo CAR T cell therapy  

Interius has dosed its first patient in a clinical trial of its lead drug candidate, INT2104, an in vivoCAR T cell therapy that targets B-cell malignancies

Penn Spinout ViTToria Biotherapeutics Raises $25M  

This funding is a $10 million extension to its previous $15 million financing secured in November 2023. 

Heirloom Carbon Technologies Raises $150M Series B to Scale Direct Air Capture Technology 

Heirloom's proprietary and cost-efficient technology enhances limestone’s natural ability to capture carbon dioxide.

Penn’s Boon Loo Talks to Technical.ly Philly about his Experience in Academic Entrepreneurship   

Penn Engineering’s Boon Thau Loo, PhD, Senior Associate Dean for Education and Global Initiatives, was featured in Technical.ly Philly for his deep personal experiences with academic entrepreneurship.

Penn spinout Linnaeus Therapeutics secures an additional $1.6M in Funding  

Penn spinout Linnaeus Therapeutics has raised another $1.6 million in financing, bringing its cumulative funding total to over $13 million since 2018.   

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