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Category: Startups

Verismo Therapeutics featured in the Philadelphia Business Journal for recent funding

The cell therapy startup recently raised $17 million to advance its lead immunotherapy candidates in a second pre-Series A round of funding.

Penn Engineering and AlphaThera Expand License Agreement

AlphaThera, a startup company co-founded by Andrew Tsourkas, PhD, entered into an expanded license agreement with Penn.

Verismo Therapeutics raises funding and expands partnership with Penn Medicine 

Penn spinout company Verismo Therapeutics has successfully raised $7 million in a pre-Series A round led by BRV Capital Management.

Penn Venture Lab receives $10 million gift for health care entrepreneurship

The goal of the gift, donated by Wharton alum Marc Wolpow, is to create an incubator and accelerator for student ventures in health care.

Philadelphia retains top 30 ranking on list of global startup ecosystems in 2023

In 2022, Startup Genome's Global Startup Ecosystem Report ranked Philadelphia as the 27th-best startup ecosystem in the world and number eleven within the U.S.

Penn Startups Win Several PACT Enterprise Awards

viTToria Biotherapeutics and Exyn Technologies, both startups co-founded by Penn faculty, won recent awards from the Philadelphia Alliance for Capital and Technologies.

Cabaletta Bio Receives FDA Fast Track Designation for CABA-201 Drug to Target Autoimmune Diseases 

Cabaletta Bio received Fast Track Designation from the U.S. Food and Drug Administration (FDA) for its drug CABA-201.

Verismo Therapeutics Activates its STAR-101 Clinical Trial to Evaluate Investigational Drug SynKIR-110

Penn spinout Verismo Therapeutics, which focuses on CAR T-cell therapy for solid tumors, has activated its STAR-101 Phase 1 clinical trial at Penn.

PCI’s Carter Caldwell Is Interviewed on Launching a Startup

PCI’s Carter Caldwell, program director for the Penn Medicine Co-Investment Program, discussed his entrepreneurial career and shared advice for others looking to start businesses.

SAFELab takes space at Pennovation Center

SAFELab is a research initiative focused on examining the ways in which youth of color navigate violence on and offline.

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