University City Science Center

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The University City Science Center accelerates technology commercialization, regional economic development, and the market availability of life-enhancing scientific breakthroughs by bringing together innovations, scientists, entrepreneurs, funding, laboratory facilities, and business services. Established in 1963 and headquartered in Philadelphia, PA, the Science Center was the first, and remains the largest, urban research park in the United States. Graduate organizations and current residents of the University City Science Center’s Port business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually. For more information: www.sciencecenter.org.

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Vascular Magnetics Proves the Power of Philadelphia’s Entrepreneurial Ecosystem

Wed, Feb 22, 2012 21:51 CET

PHILADELPHIA--(February 22, 2012) – When Vascular Magnetics raised $7 million in Series A financing this month, it demonstrated more than the potential of the start-up company’s proprietary, magnetically targeted drug delivery system for the treatment of peripheral artery disease (PAD). It also proved the power of Philadelphia’s entrepreneurial ecosystem. Vascular Magnetics was formed through a connection made at the University City Science Center’s QED Proof-of-Concept Funding Program

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Vascular Magnetics Proves the Power of Philadelphia’s Entrepreneurial Ecosystem

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