A Handful of Philly Biotech Companies Snagged $240M in Investments This Week

Biotechnology companies have become a huge attraction for VC dollars in the Philly region in the last several years, and a handful of companies in the sector this week have helped prove that growth.

Technological advances have accelerated discoveries across the life sciences, and money is flowing toward therapies, research and in honor of those lost to certain diseases (a family donated $55 million to the University of Pennsylvania for breast cancer research this week). Let’s dive into who’s gotten funding: