PCI Year in Review: Accomplishments and Highlights

Leading Innovation

The website highlights many of PCI’s achievements across a wide range of commercial activities, including the execution of more than 770 commercialization agreements that contributed to $114 million in licensing revenue (a new high) and the facilitation of a robust portfolio of faculty-led corporate sponsored research projects that resulted in $104 million in sponsored research funding received and enabled more than a dozen startup companies. PCI also increased client impact through our numerous programs and stakeholder engagement activities.

These combined efforts further strengthen Penn’s growing pipeline of commercial products and R&D partnerships with the private sector, which cumulatively result in more than $200 million dollars of economic activity flowing back into Penn in FY19. Further, Penn spinouts supported by PCI garnered over $260 million of capital investments and additional funds raised or received in FY19.

Read More.

©2020 PACT All Rights Reserved