GAP Insights: Pre-POC Programs / Expanding the Front End of Commercialization

A strong piece in Nature Biotechnology highlights a challenge that continues to surface across research institutions: the gap is not a lack of ideas, it is what happens before commercialization even begins. Technology transfer offices play a critical role, but they are structurally designed to engage once intellectual property is formed and opportunities are more […]

GAP Pipeline Brief: Texas Medical Center Venture Fund / $300M CrossBridge Bio Acquisition

Investment & Exit Overview CrossBridge Bio has been acquired by Eli Lilly and Company for $300 million, representing a significant exit for the Texas Medical Center Venture Fund. The company was founded in 2023 through the TMC Innovation Accelerator for Cancer Therapeutics, with the venture fund serving as lead and initial investor. The startup was […]

Penn Engineering Launches Futures Fund Partnership for Innovation, a Five-Year $200 Million Philanthropic Initiative

The University of Pennsylvania’s School of Engineering and Applied Science (Penn Engineering) has launched the Futures Fund Partnership for Innovation, a $200 million philanthropic initiative designed to provide timely, flexible support for leading-edge research and educational advancements over the next five years. The Futures Fund will provide seed funding to explore bold ideas, with the […]