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The Pittsburgh Life Sciences Greenhouse Invests $725K in Portfolio Companies
Date:10/15/2009

$14.7 million into its Investment Portfolio of 60 life sciences companies which has leveraged almost $500 million in additional capital for these emerging businesses. The PLSG continues to propel the growth of western Pennsylvania's life sciences economy by investing in the commercialization and sustainability of promising life sciences technologies.

"The PLSG continues to build investment momentum for our portfolio companies and the life sciences industry in our region, " says John W. Manzetti, PLSG president & CEO. "We are making a significant impact on life sciences commercialization in western Pennsylvania through our direct investments, business and domain expertise, talent attracted through our Executive Program and by bringing institutional and angel capital into the region."

About the Pittsburgh Life Sciences Greenhouse (PLSG)

The PLSG invests in and supports the growth of biosciences companies in western Pennsylvania. The PLSG has investment and business growth programs to increase the linkage between research, technology and commercialization; nurture and develop entrepreneurial biosciences enterprises; grow the region's talent pool in the life sciences; and help biosciences firms locate, expand or start-up in the region. www.plsg.com

SOURCE Pittsburgh Life Sciences Greenhouse


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