The University of Pennsylvania’s $26 million Pennovation Center – the soon-to-open business incubator and laboratory for technology and life sciences industry startups and entrepreneurs – has signed up its first biotech company.
Liquid Biotech USA has agreed to take space at the 58,000 square-foot center adjacent to the Penn campus in West Philadelphia.
“We think they will contribute to the overall ecosystem and the environment we are creating here,” said Ed Datz, executive director of real estate at Penn.