Over the past four months, UPMC has continued to invest in technologies and innovations for healthcare delivery despite financial pressures related to the pandemic. On Aug. 26, the health system revealed more details about two key innovation initiatives in its second-quarter financial results. During the first half of 2020, the health system reported $59 million in operating income and [...]
From electric boat motors to a wireless phone charger that can heat up a cup of coffee, the innovating, creating and funding hasn’t stopped — even if the in-person meetings have. Amid the novel coronavirus pandemic, pitch competitions and investment fairs have gone virtual, like just about everything else these days. Instead of handshakes and [...]
UNIVERSITY PARK, Pa. — Food scientists Gregory Ziegler and Joshua Lambert are the 2020 recipients of the Research Innovators Award, given by Penn State's College of Agricultural Sciences to recognize faculty and staff who have commercialized intellectual property generated by their Penn State research. The honorees will formally receive the award, which includes a $3,000 stipend, at [...]
Researchers at the University of Pittsburgh and the University of Delaware have been awarded funding and support to accelerate their search for new medicines through an ongoing partnership between global biotechnology leader CSL Behring and the University City Science Center. CSL Behring awarded Cecelia Yates, Ph.D., from the University of Pittsburgh, and Eleftherios (Terry) Papoutsakis, Ph.D., from the University of Delaware, $250,000 each and an opportunity to [...]
We are pleased to announce the first three awardees for our Accelerating from Lab to Market Pre-Seed Grant program. Thirteen competitive applications were submitted in response to the inaugural request for proposals and we thank all those members of the Penn faculty who submitted. We congratulate the following three awardees of pre-seed grants from this program: [...]
The Science Center on Wednesday announced that it will give a total of $600,000 to three area researchers with unproven but promising concepts for cancer treatment and diagnosis. The nonprofit center, located in University City, provides funding and business advice for academic researchers who are at an early stage of developing life science technologies that [...]
A corporate arm of UPMC will invest $1 billion over the next four years to develop new drugs, medical diagnostic and other devices by 2024, cranking a nascent economic engine in the Pittsburgh region while becoming a giant in venture funding for life sciences in Pennsylvania. The commitment announced Tuesday by UPMC Enterprises, the venture [...]
Seven Penn State College of Engineering faculty members were awarded the College of Engineering’s 2020 Research Opportunities for mid-Career Knowledge EnhancemenT (ROCKET) Seed Grant to fund exploration of new or existing research areas. Gordon Warn, associate professor of civil engineering; Jose Ventura, professor of industrial engineering, dean’s fellow and coordinator of the operations research graduate program in [...]
Shortly after the recent 2019 Invent Penn State Venture & IP Conference kicked off, Penn State President Eric Barron welcomed eight Penn State student researchers and entrepreneurs to center stage for them to participate in the Student Startup Showcase – a forum for the University’s best and brightest student entrepreneurs to share with venture capitalists and other [...]
During the Board of Trustees Committee meeting on Outreach, Development and Community Relations on Nov. 14, collaborators in the Invent Penn State initiative — the Office of Entrepreneurship & Commercialization, Happy Valley LaunchBox powered by PNC Bank, Penn State New Kensington and their Corner LaunchBox, and the Office of Government and Community Relations — shared [...]