Navigation Links
The Pittsburgh Life Sciences Greenhouse Starts 2009 With Investment Momentum
Date:2/17/2009

PITTSBURGH, Feb. 17 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG), the premier life sciences seed and early-stage investor in western Pennsylvania, has surpassed the $13 million mark in committed investments. The PLSG's $13.2 million in direct investments in nearly 60 companies has attracted over $400 million in additional capital for the region. The PLSG continues to propel the growth of western Pennsylvania's life sciences economy by enabling the commercialization of promising life sciences technologies through its Investment and Executive Programs.

"Since hitting our $10 million investment milestone in the spring of 2008, we have continued to prime the commercialization pipeline and have made 25 additional investments, nine of which were in new companies," said John W. Manzetti, PLSG President & Chief Executive Officer. "As each of us is aware, the current business climate and funding market are very uncertain. Everywhere you look, read and listen there are warnings about the scarcity of capital and the continued downturn of the economy." Mr. Manzetti continued, "Accordingly, we have made adjustments to our plan so that we can continue to evaluate, help develop and invest in additional promising life sciences innovations, while we help secure the sustainability of our existing portfolio companies."

The nine new company investments include; Biomed Research & Technologies, Inc., Blacktown NC LLC, Caliber InfoSolutions, Inc., Chronic Health Metrics, Circadiance LLC, Complexa, LLC, Flexicath Ltd., NeuroInterventional Therapeutics, Inc. and Wright Therapy Products.

Biomed Research & Technologies, Inc. is a therapeutic company developing products based on its proprietary "pro-lipid" technology. Pro-lipid technology stimulates the body's own skin cells to produce the full complement of skin lipids necessary to maintain the optimum barrier function of the skin. The Company's product
'/>"/>

SOURCE Pittsburgh Life Sciences Greenhouse
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology technology :

1. Delcath Adds University of Pittsburgh Medical Center to Phase III Trial
2. NIH Awards Approximately $3M Grant for Research Involving WaferGens SmartChip(TM) Real-Time PCR System at the University of Pittsburgh
3. Opening Dedication of the New John G. Rangos Sr. Research Center at the New Childrens Hospital of Pittsburgh of UPMC Campus in Lawrenceville
4. Pittsburgh Technology Council Announces Technology 50
5. Childrens Hospital of Pittsburgh of UPMC Receives Prestigious Recognition for Patient Safety Efforts in National Survey
6. Pittsburgh Region Middle School Students Participate in Hands-on Tissue Engineering Summer Camp
7. Court Determines that University of Pittsburgh and Artecel Have Sole Rights to Adipose-Derived Stem Cell Patent
8. The Pittsburgh Life Sciences Greenhouse Tops $10M in Company Investments
9. The Pittsburgh Life Sciences Greenhouse Invests $100,000 in ParentPlus
10. The PLSG Invests $150,000 in Coventina Healthcare Enterprises, Inc., Its Eighth Company Relocation to Pittsburgh
11. The Pittsburgh Life Sciences Greenhouse Elects Four New Members to Its Board of Directors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... (PRWEB) August 21, 2014 Ontotext ... today by Ontotext . Now the same ... analysis of structured and unstructured data is available to ... cost of enterprise technology. Organizations that do not have ... data management can use S4 since there is no ...
(Date:8/21/2014)... 2014 On Wednesday of last week RENU ... Redox Signaling molecules, became available for purchase in Australia and ... way that RENU 28 works is, if you think about ... the rate of cellular renewal within your body. If you ... that rate of cellular renewal. What RENU 28 does is ...
(Date:8/20/2014)... American Indians largely were wiped out by diseases such ... to the New World by European explorers., One report ... in the Americas shortly before Europeans arrived, and roughly ... But new research led by anthropological geneticists Anne Stone ... University of Tubingen in Germany indicates the diagnosis of ...
(Date:8/20/2014)... 20, 2014 High performance computing ... the most complete climate and Earth system model ... change issues. , Eight national laboratories, including ... National Center for Atmospheric Research, four academic institutions ... Other participating national laboratories include Argonne, Brookhaven, Lawrence ...
Breaking Biology Technology:Ontotext Releases Text Mining & Semantic Technology Running in the Cloud – Welcome to “S4? 2Ontotext Releases Text Mining & Semantic Technology Running in the Cloud – Welcome to “S4? 3Ontotext Releases Text Mining & Semantic Technology Running in the Cloud – Welcome to “S4? 4RENU 28 Skin Care Now Available in Australia and New Zealand 2Unusual discovery leads to fascinating tuberculosis theory 2Unusual discovery leads to fascinating tuberculosis theory 3New Project Is the ACME of Addressing Climate Change 2New Project Is the ACME of Addressing Climate Change 3
... Seahorse Bioscience, Inc., the leader in the design and ... In Vitro Technologies Pty Ltd as the new distributor ... New Zealand. Seahorse Extracellular Flux Analyzers ... the two major energy producing pathways - mitochondrial respiration ...
... Serono, Inc., an affiliate of Merck KGaA, Darmstadt, ... response letter (CRL) from the U.S. Food and ... (NDA) for Cladribine Tablets, EMD Serono,s proprietary investigational ... relapsing-remitting multiple sclerosis (MS). (Logo: ...
... very sharp object has put Canadian researchers at the National ... Guinness Book of World Records. Only one atom at ... the sharpest man-made object. It is made of Tungsten ... currently being evaluated for its commercial potential., "We did not ...
Cached Biology Technology:Seahorse Bioscience, Inc. Appoints In Vitro Technologies Pty Ltd as New Distributor in Australia and New Zealand 2EMD Serono Receives Complete Response Letter From FDA on Cladribine Tablets New Drug Application 2EMD Serono Receives Complete Response Letter From FDA on Cladribine Tablets New Drug Application 3EMD Serono Receives Complete Response Letter From FDA on Cladribine Tablets New Drug Application 4
(Date:8/21/2014)... standards process, will be available soon and will improve ... in the OnlineFirst version of Nutrition in Clinical ... the American Society for Parenteral and Enteral Nutrition (A.S.P.E.N.), ... misconnection that can be harmful and even fatal to ... medical devices, components, and accessories to deliver fluids or ...
(Date:8/20/2014)... a John and Rebecca Moores Professor of Biology and Biochemistry ... in the International Society for the Study of the Origin ... members two from the U.S., one from France and ... are elected every three years, and 36 have been named ... 20 countries, the ISSOL includes researchers from disciplines as varied ...
(Date:8/20/2014)... the University of Tbingen, Arizona State University, the Wellcome ... Health Institute (Swiss TPH) isolated Mycobacterium pinnipedii ... 1000 years old. The pathogen is a relative of ... causes disease in humans today. These researchers assume that ... coast. "The link to sea lions was unexpected" comments ...
Breaking Biology News(10 mins):New feeding tube connectors will improve patient safety 2UH professor named fellow by International Astrobiology Society 2
... the battle of the sexes, African electric fish couples ... also engage in a sort of dueling "electric duet." ... and behavioral displays in breeding and nonbreeding Brienomyrus brachyistius, ... electric fields from a batterylike organ in their tails ...
... brain consists of billions of nerve cells enabling to ... experience, touch, smell or fear, millions of neurons in ... each other by chemical and electrical impulses to compute ... regions. With 20,000 - 25,000 genes in our genome, ...
... Board: NRGX) today announced the publication in the June 23 ... the first ever gene therapy trial for Parkinson’s disease and ... own brain cells for any adult neurodegenerative disease. , ... with advanced Parkinson’s disease demonstrated both a lack of adverse ...
Cached Biology News:Turn-ons and turn-offs for neurons 2Gene therapy study shows safety and statistically significant improvement in Parkinson's disease 2Gene therapy study shows safety and statistically significant improvement in Parkinson's disease 3Gene therapy study shows safety and statistically significant improvement in Parkinson's disease 4
... With 36 mg/L sodium pyruvate, 50 mg/L ... mg/L glucose, calcium chloride, and magnesium chloride. ... (BSS) in tissue culture is generally attributed ... 1885, Sydney Ringer developed a solution of ...
... enables you to identify over 150 ... distinguish protein isoforms, protein subsets, and ... visualize peptide-protein associations and relationships easily. ... identification and relative protein expression analysis ...
... The B1 series embodies all aspects of ... microscope. With powerful Achromatic Super Contrast (ASC) ... imaging chip, this microscope combines flexibility and ... Motic's popular B1 series, the DM-B1 steps ...
... a high-throuput screening of a biological systems ... induced changes in the expression levels of ... detected, studied, classified and compared to each ... at a glance. Automatized scanning of the ...
Biology Products: