Apogee Biotechnology Corporation Becomes First Non-Academic Tenant of the Hershey Center for Applied Research

HERSHEY, Pa.--(BUSINESS WIRE)--The Hershey Center for Applied Research (HCAR) announced today that its first private company tenant, Apogee Biotechnology Corporation, has established its headquarters on the HCAR campus, in Building One. Apogee, a spin-off of the Penn State College of Medicine’s Department of Pharmacology, is developing chemical compounds that will inhibit the activities of sphingosine kinase, an enzyme known to drive cell proliferation and inflammation. Sphingosine kinase is overactive in several diseases such as cancer, diabetic retinopathy, inflammatory bowel disease, arthritis and atherosclerosis.