Serpent Robotics Wins 2026 President’s Innovation Prize  

Serpent Robotics, founded by Wharton undergraduate Margaret Zhu, is developing an electric, rope‑climbing robotic system.

Avisi Technologies Raises $11M to Advance Glaucoma Treatment

The funding will support Avisi’s pivotal clinical trial for VisiPlate, a novel glaucoma treatment. device

Verismo Therapeutics Receives $28 million to Accelerate KIR-CAR Clinical Development 

The funding from HLB Innovation, Verismo’s parent company, will advance clinical development of its killer cell immunoglobulin-like receptor (KIR)-chimeric antigen receptor (CAR) platform\.

Biogen to Acquire Apellis for $5.6B 

Apellis’ C3 complement therapies, Syfovre® and Empaveli® will expand Biogen's presence in immunology.

Penn and CHOP Scientists Win 2026 Breakthrough Prize for Developing Gene Therapy for Inherited Blindness 

These faculty developed the first FDA-approved gene therapy for an inherited condition.

Meet the 2026/2027 PCI Invention Analysts Cohort

PCI welcomes the 2026 PCI Fellows consisting of 12 outstanding trainees across Penn’s schools: Penn Engineering (6), Penn Medicine (5), and Penn Arts & Sciences (1).

Investment Funds available for Penn Startups

Penn has three investment funds available for early stage startups affiliated with the University.

Executive Director of Bayh-Dole Coalition Explains the Current State of Bayh Dole  

Joe Allen, Executive Director of the Bayh-Dole Coalition, shared insights about recent challenges to the Bayh-Dole Act,

John Swartley Appointed to Ben Franklin Technology Partners of Southeastern Pennsylvania Board of Directors  

John Swartley, MBA, PhD, Chief Innovation Officer at Penn, will provide strategic oversight and guidance to support the organization’s mission.

Governor Shapiro Secures Over $1 Billion Investment from Johnson & Johnson to Build  Manufacturing Facility in Montgomery County  

The facility will directly support the production of medicines for cancer, immune-mediated diseases and neurological diseases.

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Highlights of the PCI news focused on Penn commercialization accomplishments

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