UNIVERSITY CITY SCIENCE CENTER PRESS KIT

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1 UNIVERSITY CITY SCIENCE CENTER PRESS KIT MEDIA CONTACTS: JEANNE MELL Vice President, Marketing Communications & Community Engagement (215) ADDRESS:ESS 3711 Market Street, Suite 800 Philadelphia, PA KRISTEN FITCH Senior Manager, Marketing & Media Relations (215) University City Science Center

2 GETTING TO KNOW THE UNIVERSITY CITY SCIENCE CENTER The University City Science Center is a mission-driven nonprofit with a 50+ year track record of helping innovators and entrepreneurs bring world-changing technologies to market. It provides startups at any stage of their lifecycle support and access to resources, programming, capital and space, helping to move innovation from idea to IPO and beyond. The Science Center s core strength in tech-based economic development makes it a powerhouse in the Greater Philadelphia region. UNIVERSITY CITY, PHILADELPHIA In 2014, the Brookings Institution labeled Philadelphia s University City neighborhood as one of the country s prime innovation districts an ultimate mash up of entrepreneurs and educational institutions, start-ups and schools, mixed-use development and medical innovations, bike-sharing and bankable investments. Brookings recognized the Science Center as a driving force behind University City s evolution. 2

3 UCITY SQUARE: The Science Center is located in the heart of ucity Square, an innovation hub in West Philadelphia s University City neighborhood. Over the next 10 years, the Science Center and its development partner Wexford Science & Technology are adding 4 million square feet of office, lab, retail, residential, and shared public space growing ucity Square to a total of 6.5 million square feet spanning 11 city blocks. As the heart of Philadelphia expands westward, ucity Square will be the linchpin that connects the surrounding neighborhoods to the rest of University City, opening pathways to access and inclusion. And it will carry on the Science Center s 50+ year legacy of convening and connecting the diverse members of the region s innovation ecosystem to foster ideas and breakthroughs. ucity Square is the place for innovation to happen and the Science Center is the nucleus that makes it all possible. 3

4 THE BASICS: The Science Center pioneered the concept of business incubation and has provided lab and office space for startup, growing and established companies since Science Center programs such as the Port business incubator and Quorum, the entrepreneurs clubhouse, connect entrepreneurs and startups to investors, advice and Greater Philadelphia s innovation ecosystem. At any one time approximately 70 companies from all over the world are participating in the Science Center s incubation programs at the Port business incubator and the collaborative space at ic@3401. The Science Center s FirstHand program aims to spark an interest in the STEAM disciplines of science, technology, engineering, art and math, for students to explore and cultivate throughout their lives. FirstHand targets Philadelphia youth from underresourced schools and the teachers, professionals and families from their communities. Technology commercialization programs like QED, Phase 1 Ventures and the Digital Health Accelerator offer funding, targeted advice, introductions and space to help startups move their ideas to market. FACTS AND FIGURES companies have graduated from the Science Center since we were founded in alumni Alumni include SEI Investments, Centocor (now known as Janssen Biotech), Bentley Systems, Morphotek, Inc., BioRexis Pharmaceutical Corp., Avid Radiopharmaceuticals, Invisible Sentinel and Adaptimmune. 12,000 12,000 people work at incubator residents and graduate firms in Greater Philadelphia. $13B $13 billion in regional economic output is generated by graduate and current incubator companies. $250M Port business incubator residents have raised more than $250 million in investment and $14 million in federal funding since $103K $103,000 is the average annual salary of employees of our graduate companies and incubator residents. 2 Two percent of the Greater Philadelphia Region s total economic output is driven by Science Center-incubated firms. 4

5 KEY MEDIA HIGHLIGHTS THE PLACE TO BE FOR PHILLY S ENTREPRENEURS Keystone Edge, January 2018 PHILADELPHIA CELEBRATES ITS BID FOR AMAZON HEADQUARTERS Philly.com, October 2017 THANKS TO $500K, THESE NONPROFITS ARE TEAMING UP TO LAUNCH A GLOBAL STARTUP ACCELERATOR Generocity, October 2017 US2020 HONORS SCIENCE CENTER, MORE WITH STEM AWARDS Philadelphia Business Journal, October 2017 THE PHILADELPHIA SCIENCE CENTER CREATES SUCCESS BY FUSING INNOVATION, ART AND COMMUNITY Forbes, September 2017 THE SCIENCE CENTER S DIGITAL HEALTH ACCELERATOR TOOK BIAS OUT OF THE SELECTION PROCESS. THESE ARE THE RESULTS Philadelphia Business Journal, September 2017 GOVERNOR WOLF ENCOURAGED BY SCIENCE CENTER IMPACT CBS Philly, August 2017 BROOKINGS REPORT CALLS FOR MORE LOCAL INVESTMENT TO UNLEASH INNOVATION DISTRICT POTENTIAL Plan Philly, May 2017 SCIENCE CENTER BREAKS GROUND AT 3675 MARKET STREET Philadelphia Magazine, January 2017 PHILLY AND PITTSBURGH TO TEAM UP ON TECH COMMERCIALIZATION Philadelphia Magazine, January 2017 CAN UNIVERSITY CITY BECOME A CATALYST FOR THE PHILLY TECH SCENE? Technical.ly Philly, December 2016 REPORT: UNIVERSITY CITY SCIENCE CENTER GENERATES $13B ECONOMIC IMPACT ON REGION Philadelphia Business Journal, June

6 RESIDENT AND GRADUATE COMPANIES IN THE NEWS ANIMAL TESTING THAT IS KIND, NOT CRUEL Forbes, January 19, 2018 FIRST FLUSHABLE PREGNANCY TEST GETS PRE-MARKET APPROVAL FROM FDA MedCity News, December 2017 VITALTRAX SCORES FIRST CUT OF $6 MILLION PHILLY DIGITAL HEALTH FUND Philly Mag, March IMMIGRANT FOUNDED COMPANIES THAT MADE PHILLY THEIR HOME ROAR for Good, GraphWear Technologies, and The One Health Company are immigrant founded companies located at the Science Center (Technical.ly Philly, January 2017) HOW TO ENROLL YOUR DOG IN A CANCER-DRUG TRIAL ic@3401 resident The One Health Company was featured in The Economist (November 2016) BBC 100 WOMEN 2016: WHO IS ON THE LIST? ROAR for Good CEO Yasmine Mustafa named to BBC s 100 Women 2016 list (November 2016) STARTUP WANTS TO GO BEYOND PENCILS TO IMPROVE PATIENT MONITORING FOR PSYCHIATRIC PATIENTS InvisALERT seeks to give a digital upgrade to psychiatric hospitals (MedCity News, October 2016) FOR MORE INFO ABOUT THE SCIENCE CENTER, PLEASE VISIT University City Science Center 6

7 SPOKESPERSON: JEANNE MELL - VICE PRESIDENT MARKETING COMMUNICATIONS & COMMUNITY jmell@sciencecenter.org (215) Jeanne Mell joined the University City Science Center in 2009 as vice president marketing communications. She is responsible for corporate marketing, program development, communications, public and media relations and community engagement. Mell also oversees Quorum, the entrepreneurs clubhouse, and the Microsoft Reactor. Immediately before joining the Science Center, Mell was senior vice president, communications for the Delaware State Chamber of Commerce, where she had overall responsibility for print and electronic communications, public relations and media relations. Prior to joining the Chamber, Mell had a career in journalism. Most recently she served as Director of Photography and Design at The News Journal in Wilmington, Del. She also worked at the Associated Press in New York and Philadelphia, ABC News, Good Morning America and Popular Photography Magazine. She started her career at Inc. Magazine back when it was a startup. Mell chairs the board of Campus Philly and is Vice President of the Association of University Research Parks. She also serves on the board of the Philadelphia Convention and Visitors Bureau (PHL CVB) and represents the Science Center on its PHL Life Sciences division. 7

8 KEY FIGURES: CURT HESS - INTERIM PRESIDENT AND CEO Curt Hess became Interim President & CEO of the University City Science Center on February 1, In addition to his CEO responsibilities, Curt maintains his role as Senior VP Real Estate and is responsible for the management, and leasing of more than 1.5 million square feet of office and lab space as well as the planned development of 4 million square feet of office, lab, retail and residential space. He has more than 25 years of diversified real estate experience. Before joining the Science Center, Curt served as the Director of Operations for Brandywine Realty Trust, where he was responsible for the management and leasing of 40 properties totaling more than 3.0 million square feet in the Southern Suburban Region. Prior to that, he was Vice President of Asset Management at Lubert-Adler Management, overseeing a portfolio of 24 investments including office, residential, hotel, and retail properties. Before joining Lubert-Adler, Curt spent 14 years at Equitable Real Estate in several different capacities including Vice President of Portfolio Management, responsible for a $1.2 billion equity portfolio of major joint ventures with Japanese partners. Curt received his B.A. from West Chester University in Business Administration, is a Certified Public Accountant, and has his Real Property Administrator designation with BOMA. 8

9 RACHEL CERVANTES VICE PRESIDENT, CORPORATE DEVELOPMENT Rachel Cervantes has joined the Science Center as VP Corporate Development. In this role, she is responsible for forging strategic partnerships with industry, non-profit and academic institutions with the goal of building a sustainable corporate and institutional presence in University City and yielding additional revenue for the Science Center. Rachel has over 20 years experience in the commercial and scientific aspects of pharmaceutical innovation within large pharmaceutical, biotech, and academic research environments. She was most recently Senior Director of Business Development at Egalet Corporation where she was responsible for the company s external partnering efforts with a primary focus on M&A and licensing. Rachel previously had similar roles at Inovio Pharmaceuticals and Merck & Co., where, in addition to evaluating, structuring and negotiating global healthcare partnerships, she also held a number of leadership roles within R&D and marketing. In addition to her private sector experience, Cervantes was a research associate at the Salk Institute at Biological Sciences where she conducted NIH-funded cancer research. Rachel earned an MBA from the Wharton School of Business at the University of Pennsylvania, a Ph.D. in Cellular and Molecular Biology from the University of Cincinnati, and a BA from the University of Hawaii at Manoa. She serves on the Wharton Alumni Executive Board and is a member of the Trustee s Council of Penn Women. 9

10 WENYONG WANG, PH.D., MBA VICE PRESIDENT, SCIENCE AND TECHNOLOGY Wenyong Wang, Ph.D., MBA joined the University City Science Center as Vice President, Science & Technology in Wenyong oversees the Science Center s programs for commercialization, startup investment and business incubation including QED, Phase 1 Ventures, the Digital Health Accelerator, and the Port business incubator. He is also responsible for initiating, designing and developing new programs to further the Science Center s mission as a nucleus for innovation, entrepreneurship and technology commercialization. Wenyong was most recently Vice President, Business Development, for Adaptimmune LLC. Prior to joining Adaptimmune, Dr. Wang held positions at investment banking and venture capital firms including Evolution Life Science Partners, Burrill Securities, Boenning & Scattergood, Inc. and Janney Montgomery Scott. In these roles, Dr. Wang led a team and leveraged his scientific expertise and business acumen to provide guidance to pharmaceutical and biotech clients seeking to enhance their portfolios and grow their businesses. Dr. Wang has also worked at GlaxoSmithKline, where he oversaw two drug candidates from discovery through clinical development. Dr. Wang holds a Ph.D. in Organic Chemistry from the University of Pennsylvania and an MBA from Penn State University. 10

UNIVERSITY CITY SCIENCE CENTER PRESS KIT

UNIVERSITY CITY SCIENCE CENTER PRESS KIT UNIVERSITY CITY SCIENCE CENTER PRESS KIT MEDIA CONTACTS: ELYSSE CICCONE Slice Communications eciccone@slicecommunications.com (215) 600-0050 ADDRESS:ESS 3711 Market Street, Suite 800 Philadelphia, PA 19104

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