Navigation Links
Three Phase 1 Ventures Participants Receive Science Center Funding
Date:6/13/2017

Three newly formed companies have received $50,000 each from the University City Science Center’s Phase 1 Ventures (P1V) program. PolyCeramX, Recensa Therapeutics and Regennera, all P1V participants, will apply the funds to a combination of technical development and commercialization activities.

Phase 1 Ventures is a startup accelerator that helps launch and grow companies that have specific technology and/or regulatory development needs, such as healthcare, materials, or energy. P1V participants include entrepreneurs that are matched to a technology at one of P1V’s participating universities or recently formed companies that have not yet raised financing. Since it was launched in 2015, P1V has committed more than $1.6 million to 19 startups, typically as the first investment. Collectively, these participants have raised close to $2 million in non-dilutive funding and $1 million in follow-on investment to date.

With intellectual property from Temple University, PolyCeramX is developing a new solid state electrolyte to increase the safety, efficacy and device incorporation of lithium batteries. These solid state electrolytes reduce flammability due to their composition. Because they are flexible and conforming, they can be fabricated into various sized and shaped devices and have higher conductivities than current competitors.

Recensa Therapeutics, also with IP from Temple, possesses a technology which screens for molecules that stimulate the body’s anti-oxidant response against inflammation. Recensa is using this technology to develop topical therapies for the treatment of psoriasis.

Regennera is developing a novel pre-vascularized, load-bearing synthetic bone graft with IP from Rutgers, The State University of New Jersey. This all-in-one fracture repair device is capable of developing new bone and vasculature simultaneously by combining a composite polymeric/hydroxyapatite structural element that mimics both trabeculae and cortical bone (which are both critical for proper bone regrowth) and cells from the patient's bone marrow.

Launched in 2015, P1V’s portfolio currently includes 19 newly formed companies leveraging intellectual property from 12 institutions, including The Children’s Hospital of Philadelphia; Drexel University; Lehigh University; Penn State University; Rutgers, The State University of New Jersey; Temple University; Thomas Jefferson University; University of Delaware; University of Iowa; University of Pennsylvania; University of Pittsburgh; and University of the Sciences.

About the Science Center
Located in the heart of uCity Square, the Science Center is a mission-driven nonprofit organization that catalyzes and connects innovation to entrepreneurship and technology commercialization. For 50+ years, the Science Center has supported startups, research, and economic development in the life sciences, healthcare, physical sciences, and emerging technology sectors. As a result, graduate firms and current residents of the Science Center’s incubator support one out of every 100 jobs in the Greater Philadelphia region and drive $13 billion in economic activity in the region annually. By providing resources and programming for any stage of a business’s lifecycle, the Science Center helps scientists, entrepreneurs and innovators take their concepts from idea to IPO – and beyond.

For more information about the Science Center, go to http://www.sciencecenter.org

Read the full story at http://www.prweb.com/releases/2017/06/prweb14411212.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related biology technology :

1. Zymo Research to Launch Three New Kits for Microbiome Research at ASM Microbe 2017
2. Lilly Announces Positive Results for Three Phase 3 Studies of Galcanezumab for the Prevention of Episodic and Chronic Migraine
3. Three, Two, One…Blast Off! WonderWorks Launches NASA’s Journey to Mars
4. UConn Innovation Fund Provides First Round Funding to Three Biotech Startups
5. Three Day Biotechnology for the Non-Biotechnologist Course (London, United Kingdom - September 27-28-29, 2017) - Research and Markets
6. Forward Progress for Assay Kit Sequencing Approaches in Past Three Months
7. Bio-Rad Intends to Propose Three New Independent Directors
8. Cryoport to Report Financial Results for the Three and Nine Months Ended December 31, 2016 on March 13th, 2017
9. Three University Technologies Receive $600,000 from Science Center’s QED Program
10. Three Dozen Startups in University City KIZ Benefiting from Tax Credits
11. Male Inventors are Three Times More Likely to Apply for Patents than Women
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... ... October 12, 2017 , ... They call it ... biological network, a depiction of a system of linkages and connections so complex ... associate professor of computer science at Worcester Polytechnic Institute (WPI) and director of ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... of a United States multicenter, prospective clinical study that demonstrates the accuracy ... test capable of identifying clinically significant acute bacterial and viral respiratory tract ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... first-ever genomics analysis platform specifically designed for life science researchers to analyze ... pioneering researcher Rosalind Franklin, who made a major contribution to the discovery ...
(Date:10/11/2017)... ... ... a basic first aid supply for any work environment, but most personal eye wash can ... a dangerous substance enters both eyes? It’s one less decision, and likely quicker response time ... , “Whether its dirt and debris, or an acid or alkali, getting anything in your ...
Breaking Biology Technology:
(Date:4/11/2017)... April 11, 2017 NXT-ID, Inc. (NASDAQ: ... company, announces the appointment of independent Directors Mr. Robin ... its Board of Directors, furthering the company,s corporate governance and ... Gino Pereira ... look forward to their guidance and benefiting from their considerable ...
(Date:4/5/2017)... SEATTLE , April 5, 2017  The Allen ... the Allen Cell Explorer: a one-of-a-kind portal and dynamic ... large-scale 3D imaging data, the first application of deep ... edited human stem cell lines and a growing suite ... the platform for these and future publicly available resources ...
(Date:4/5/2017)... April 4, 2017 KEY FINDINGS ... expand at a CAGR of 25.76% during the forecast ... the primary factor for the growth of the stem ... https://www.reportbuyer.com/product/4807905/ MARKET INSIGHTS The global stem cell ... application, and geography. The stem cell market of the ...
Breaking Biology News(10 mins):