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PA as an Innovation Leader: Challenges and Solutions in the face of a Growing Industry  

Pennsylvania legislators are working on new ways to retain young residents who too often leave the region for opportunities after receiving their education within the state.

New Proposed Federal Guidelines Could Threaten Innovation

Recently proposed guidance could expand "march-in rights" under the Bayh-Dole Act, significantly impacting the development of products from federally funded research.

ToxiSense Develops Plant-Based Alternativeto Horseshoe Crab Blood 

ToxiSense is developing a plant-based alternative to test for bacterial toxins in vaccines and medical devices, which could eliminate the current need for  bloodletting of horseshoe crabs.

Linnaeus Therapeutics Announces Issuance of Composition of Matter Patent for LNS8801 by the European Patent Office 

Linnaeus Therapeutics, Inc. announced the issuance of EP patent 3823617 by the European Patent Office (EPO) covering the pharmaceutical composition of matter for their lead compound, LNS8801.  

Exyn Technologies Pioneers Drone Software for GPS-denied Environments 

Exyn Technologies, a PCI Ventures portfolio company focused on multi-platform robotic autonomy, is receiving global recognition for its groundbreaking drone software.

Nia Therapeutics Raises $8.5 Million 

Penn spinout Nia Therapeutics recently raised $8.5 million in an equity financing round.

2024 President’s Prize Winners Announced  

The President's Innovation Prize was recently awarded to fourth year Penn Engineering students for their project Jochi. 

Penn Spinout Capstan TherapeuticsRaises $175M in Series B Financing Round

Proceeds from the financing will be used to advance Capstan's lead in vivo chimeric antigen receptor T cell (CAR-T) candidate, CPTX2309, to early clinical proof-of-concept in autoimmune disorders.

iEcure Gains FDA approval to Conduct FirstGene Therapy Treatment  

Utilizing ARCUS, a gene editing tool developed by Precision BioSciences, the therapy aims to provide a lifelong fix for this disease, potentially benefiting thousands of individuals in the US alone.

Penn Engineering Announces the First Ivy League Undergraduate Degree Program in Artificial Intelligence 

Penn Engineering has introduced its Bachelor of Science in Engineering in Artificial Intelligence (AI) degree, which is the first undergraduate major of its kind among Ivy League universities.

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