Pennovation Center Gets Two New Biotech Startups
Grays Ferry’s Pennovation Center is getting a couple of new tenants. Biorealize, makers of a desktop bioprototyping platform, and ZSX Medical, makers of a medical device focusing on minimally-invasive surgery, are the latest companies to join the Penn-run, 58,000-square-foot tech transfer hub.
Opened in 2016, the spot houses several elements of Penn’s entrepreneurship ecosystem: from alumni-focused venture firm Red & Blue Ventures to the Penn Center for Innovation (PCI).
Anne Papageorge, Vice President of Facilities & Real Estate Services at Penn, said the companies that joined the hub are “developing technologies and products that help improve our lives and our health.”
“The Pennovation Center provides the resources and facilities for these professionals to take their work to the next level,” Papageorge said.
Biorealize CEO Karen Hogan said the company’s move was about having access to “a great space, filled with great minds and great vibes.”
The Penn spinout recently partnered with Puma and the MIT Design Lab to create “next generation athletic footwear, apparel and wearables.” Some of the products were demoed at Milan Design Week 2018.
ZSX Medical CEO Dan Mazzuco told Technical.ly his team of four full-timers and two part-timers settled in at Pennovation in a bid to find connection to other startup founders.
Read the full article here.