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2025 President’s Innovation Prize Winner Announced

The team is developing a privacy-centric AI system to support eldercare by reducing staff burnout and addressing gaps in caregiving.

Veradermics Closes Series B Financing and Initiates Phase 2/3 Trial for Hair Loss 

Veradermics is a late clinical-stage aesthetics and dermatology-focused biopharmaceutical company developing first-in-class therapeutics for common dermatologic conditions.

Vivodyne Weighs in on FDA Proposed Initiative   

The FDA recently revealed a new initiative aimed at eliminating the need to test antibody therapeutics in animal models and replacing them with AI modelling or lab-grown human organoids.  

Opus Genetics Celebrates Early Win for Retinal Gene Therapy in Pediatric Patient  

According to the data, the 16-year-old patient, who was treated in February, showed "meaningful improvement in visual function."

Philadelphia Launches SBIR/STTR Matching Grant Program 

Philadelphia has launched a new matching grant program to support local life sciences companies.

Greater Philadelphia Maintains #4 U.S. Life Sciences Market Rank in Colliers 2025 Report 

The report recognizes the region’s strong VC funding environment, robust life sciences talent pool and growing life sciences real estate leasing activity.

Penn Researchers Help Develop Data-driven Map Showing Local Economic Impact of Cuts to Federal Funding for Health Research

The Science & Community Impacts Mapping Project (SCIMaP) aims to demonstrate how reduced investment in health research negatively affects both innovation and local economies.

Penn Medicine’s Kiran Musunuru Featured in The New York Times for Gene Therapy Breakthrough

Musunuru explained that this method offers the hope of treating other genetic diseases by fixing mutations .

Pathways for Women in STEM Event Celebrating Women’s History Month Explores Innovation, Commercialization and Entrepreneurship 

Penn’s Office of Equal Opportunity Programs hosted its annual program to celebrate Women’s History Month. 

BioSpace Interviews Penn Spinout Leaders About Life Sciences Growth in Philadelphia  

In an article by BioSpace, Philadelphia is showcased as a major life sciences hub.

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