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Category: Startups

Penn Health-Tech’s Katie Reuther Publishes Life Sciences Pitch Deck Guide in Nature Biotechnology

Katie Reuther, PhD, MBA, the Executive Director of Penn Health-Tech and a Practice Associate Professor in Bioengineering at Penn Engineering, published a career feature in Nature Biotechnology.

Nicholas Siciliano, Chief Executive Officer and Co-Founder of Penn Spinout ViTToria Biotherapeutics, Wins the Science Center’s 2025 Commercialization Award  

Siciliano won the Science Center’s 2025 Commercialization Award in recognition of his outstanding contributions to the commercialization of innovative science and technology. 

Avisi Technologies Present Promising Clinical Data at the American Glaucoma Society  

Avisi is based on technology invented by Igor Bargatin, PhD, Associate Professor of Mechanical Engineering and Applied Mechanics at Penn Engineering.

Apellis’ Empaveli® Gains FDA Approval for Broader Rare Kidney Disease Use  

Penn spinout Apellis received FDA approval for an expanded label for Empaveli®.

Carisma Therapeutics Enters into Definitive Merger Agreement with OrthoCellix to Create Company Focused on Regenerative Cell Therapies for Orthopedic Diseases  

Carisma Therapeutics, co-founded by Saar Gill, MD, PhD, Associate Professor of Medicine at Penn Medicine, is merging with OrthoCellix.

Lilly Acquires Verve Therapeutics to Advance One-time Treatments for People with High Cardiovascular Risk  

Eli Lilly has acquired Verve Therapeutics, a startup co-founded by Kiran Musunuru.

Penn Spinout Dispatch Bio Emerges from Stealth Mode with $216M in Funding   

Dispatch Bio, co-founded by Carl June, MD, the Richard W. Vague Professor in Immunotherapy at Penn Medicine, is developing a universal cancer treatment for solid tumors.

Penn Spinout Interius Therapeutics To Be Acquired by Kite Therapeutics for $350M

Kite Therapeutics, a Gilead Company, has entered into a definitive agreement to acquire Interius Therapeutics .

Penn Spinout Capstan Therapeutics Acquired by AbbVie for $2.1B

AbbVie acquired Capstan, including its lead asset CPTX2309.

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