Federal Small Business Programs Reauthorized 

The Small Business Innovation and Economic Security Act reauthorized and updated the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

Top 10 U.S. Biopharma Clusters 2026 ranks Philadelphia #5 

The region rose two spots this year and was recognized for growth in lab space, NIH funding, venture capital, patent rankings, and industry attraction.

Penn Ranks #3 in Cure Healthcare Innovation Index 

The index evaluates how effectively institutions turn scientific research into real-world medical and commercial impact. 

Vasowatch Seeks FDA Clearance for Postpartum Prediction Tools

The company is developing predictive software that transforms existing wearables into early-warning tools for postpartum hemorrhage.

New Clinical Data Move Cabaletta Closer to First Autoimmune CAR-T Approval

The company reported encouraging clinical data for its CAR T-cell therapy, RESE-CEL™.

Vivodyne and Opus Genetics Named Most Innovative Biotech Companies of 2026 by Fast Company

The companies are spun out of Penn Engineering and Penn Medicine, respectively.

GemmaBio Joins Lilly Gateway Labs as First Tenant 

GemmaBio was co-founded by Penn Medicine Emeritus Professor James M. Wilson, MD, PhD.

Vetigenics Raises $10 Million for Pet Cancer Treatment Trials 

The company will use the funds to further advance its lead cancer therapies for dogs and cats through pivotal clinical trials.

Agni Semiconductor Receives $5 Million Strategic Investment 

Agni is developing a high speed, low power, multi-bit non-volatile memory based on Penn technology.

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Highlights of the PCI news focused on Penn commercialization accomplishments

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