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Kevin B. Mahoney of the Perelman School of Medicine and UPHS confirmed Penn’s plans to invest in biotech companies, with long-range goals “to create jobs, synergy and an innovation cluster around Penn technology and spin outs.”

http://www.philly.com/philly/blogs/inq-phillydeals/penn-plans-45-million-investment-in-philly-biotechs-20180626.html Philadelphia Inquirer