FloBio Receives the FDA’s Breakthrough Device Designation for its Bleeding Risk Diagnostic Test
FloBio's test determines blood clotting status and identifies whether a patient is on popular blood thinners called Direct Oral Anticoagulants (DOACs).
Opus Genetics Announces First Patient Dosed in Phase 1/2 Trial of Gene Therapy OPGx-LCA5 in Patients with Rare Inherited Retinal Disease LCA5
Penn spinout Opus Genetics announced that the first patient has been dosed in its Phase 1/2, first-in-human clinical trial of OPGx-LCA5.
Penn Spinout Heirloom Technologies and Microsoft Sign One of the Largest Permanent CO2 Removal Deals To-Date
Microsoft signed a long term contract to purchase up to 315,000 metric tons of CO2 removal over a multi-year period from Penn spinout Heirloom Carbon Technologies.
BlueWhale Bio, a New Cell Therapy Production Company, Emerges from Stealth Mode
In September 2023, Penn spinout BlueWhale Bio surfaced with a mission to overhaul cell therapy production.
Exyn Technologies Closes on Series B Funding
Exyn has a mission to deliver world-class autonomous robots to data-hungry industries that include mining, logistics and construction.
Penn grads develop The Community Grocer to provide hot food for those using SNAP benefits
Penn graduates Alex Imbot ‘20 and Eli Moraru ‘21 were featured in the Inquirer for their non-profit corner store idea, The Community Grocer, which improves food access for those using SNAP benefits.
Penn is the one of the world’s best universities for VC-seeking entrepreneurs, per PitchBook data
PitchBook released its 2023 list of the best universities for founders, and Penn ranked fourth among undergraduate schools with 1,083 founders, 993 companies and $34 billion raised.
Apellis Receives FDA Approval for SYFOVRE™ (pegcetacoplan injection) as the First Treatment for Geographic Atrophy (GA), a Leading Cause of Blindness
Penn spinout Apellis Pharmaceuticals, Inc. received U.S. Food and Drug Administration (FDA) approval for their drug SYFOVRE™ (pegcetacoplan injection).
Penn Spinout and I-Corps Graduate Neuroflow Named as 2023 Fire Awards honorees by PHL Inno
The Fire Awards are PHL Inno’s premiere awards program, showcasing the businesses, institutions and individuals driving the Philadelphia region’s innovation scene forward.
Sixth Annual Pennovation Accelerator Pitch Day
ch of the nine Philadelphia-based cohort companies presented a 5-minute pitch to a live audience, followed by questions and feedback from a panel of judges.