Pennsylvania Business Report -

New $50M life sciences fund launched at University of Pennsylvania

Featured

By Kim Riley | January 13, 2026

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...

Pennsylvania Business Report

New $50M life sciences fund launched at University of Pennsylvania

Beaver Valley nuclear plant at center of massive Vistra–Meta power deal

Top leadership at Toll Brothers passes the baton

State Sen. Yaw, PJM Interconnection lead event focused on the future of the electricity grid

Belgium company purchases Keystone Cement

Federated Hermes announces leadership changes

Ben Franklin invests $68,750 in manufacturing in third quarter

Penn College Workforce Development, Allentown School District partner to offer pre-apprenticeship program

Hershey to sponsor food and agriculture competition

Venerable Holdings purchases SunAmerica Asset Management

Limerick nuclear generating station gets an upgrade

Wabtec receives $386M add-on order from MTA

Enviri Corporation announces retirement of CFO Tom Vadaketh

Aramark announces leadership changes

Venerable completes Corebridge deal, boosts assets under management

Burns White promotes three Pennsylvania attorneys