Pennsylvania Business Report
New $50M life sciences fund launched at University of Pennsylvania
The University of Pennsylvania, Philadelphia-based Osage University Partners (OUP), and Germany’s BioNTech SE last week launched the $50-million Penn-BioNTech Innovative Therapeutics Seed Fund (PxB Fund), a dedicated venture capital fund focused on early-stage life science companies originating from Penn. “Penn’s mission is not only to perform groundbreaking research and generate and disseminate new knowledge, but to ensure that the fruits of those efforts are translated into real-world...
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