Success Stories

Highlights of the PCI news focused on Penn commercialization accomplishments

Press Highlights of FY23

During the 2022 fiscal year, there were 98 press mentions for PCI programs, startups and partners. Some of the most popular and widely circulated stories are included here.

Apellis Receives FDA Approval for SYFOVRE™ (pegcetacoplan injection) as the First and Only 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).

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.

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 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.

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.

Philadelphia Business Journal Features Liz Magill and her Innovation Goals

In an interview about her long-term vision for the university with the Philadelphia Business Journal, Penn President Liz Magill mentions Penn’s breakthroughs in cell and gene therapy.

REGENXBIO Receives FDA Fast Track Designation for its Novel Gene Therapy Candidate

Penn spinout REGENXBIO received FDA Fast Track designation for its novel gene therapy candidate RGX-202, a potential one-time AAV Therapeutic for the treatment of Duchenne muscular dystrophy.

Penn and PCI recognized in the Daily Pennsylvanian for licensing income and spinout companies

Penn was highlighted in The Daily Pennsylvanian for ranking first in annual licensing income among 153 research institutions.

PCI Featured as the Philadelphia Business Journal Cover Story

This in-depth interview with Swartley provides a comprehensive history about technology transfer at Penn as well as the establishment and current success of PCI. 


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