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Category: Startups

Scout Bio Acquired by Leading Animal Health Company

French company Ceva Santé Animale announced that it is acquiring Scout Bio.

Y-Prize Goes to LilyLoop, a feminine product that captures menstrual flow data for improved diagnostics

LilyLoop, which proposed a commercial application for Penn’s biodegradeable moisture sensors, is the winner of the Mack Institute for Innovation Management’s 2024 Y-Prize Competition. 

PCIV Company OmnicPath AI Published in Nature BioTechnology

OmnicPath AI specializes in developing an end-to-end workflow that integrates Spatial Transcriptomics (ST) data and high-resolution histology images to predict spatial gene expression.

Robotics Growth in Philadelphia Highlighted

The Philadelphia Business Journal recently released an article about robotics growth in Philadelphia.

Penn Spinout EpiVario Announces Acquisition of Acetyl CoA Synthetase 2 (ACSS2) Inhibitor Portfolio from Metabomed LTD

Penn spinout EpiVario, a biotech company focusing on neuroepigenetics for addiction disorders, has acquired small molecule acetyl co-A synthetase-2 inhibitor (ACSS2i) portfolio.

Four Penn Startups Make The Philadelphia Business Journal’s PHL Inno List of 2024 Startups to Watch 

Baleena, BlueWhale Bio, Treeswift and Verismo were all recognized.

Serpex Acquired by Maverix Medical

Serpex Medical leverages the power of steerable instruments to enable greater precision and access to improve the diagnosis and treatment of lung cancer.

Carisma Therapeutics Receives FDA Clearance of  Investigational New Drug Application for CT-0525, a Novel CAR-M Cell Therapy 

Having received a Study May Proceed notification from the FDA, Carisma plans to initiate a Phase 1 study in the months to come and to treat the first patient in the first half of 2024.

Penn’s Leadership Role in Philadelphia’s Rapidly Growing Life Sciences Industry Highlighted

Technical.ly published an article about the future of the growth of the life sciences in Philadelphia, highlighting Penn’s role in the development of the city as a strong tech hub.

Technical.ly State of the Philadelphia Tech Economy Report Highlights Innovation Accomplishments at Penn 

According to the report, Penn ranked within the top five largest research & development expenditures of US universities in 2021.

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