Penn Center for Innovation

Philadelphia-area life sciences companies reeled in nearly $3B in the 1st quarter

Posted on April 16, 2021 — Jessica Jones Gupta

Strong investor interest in local life sciences companies continued during the first quarter of 2021 with 16 Philadelphia-area businesses reeling in more than $2.9 billion.
 
Cell and gene therapy companies, the industry’s hottest sector, accounted for more than $980 million of that figure.
 
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