|[January 18, 2013]
Three Life Sciences Companies Find Their Space at the Science Center Port
PHILADELPHIA --(Business Wire)--
The University City Science Center kicked off its 50th anniversary year
with three new life sciences companies taking space in its Port business
incubator. Despite the three companies all having a focus in the life
sciences, healthcare, or medtech, each came to the Port with different
needs. DoseCue, formerly a virtual resident of the Port, has taken space
at 3711 Market Street in Philadelphia, Penn; Biomated Solutions is
occupying a lab space in the Port's Hubert J. P. Schoemaker Lab at 3624
Market Street; and Znetics has taken residence in the Bullpen, the
Port's co-working space also located at 3711 Market Street.
After three years as a virtual resident of the Port, DoseCue has
established a physical presence at the Science Center. With the goal of
improving patient compliance and treatment outcomes by automatically
prompting patients at the dose time of their medication, DoseCue hopes
to improve patient health and to significantly reduce healthcare costs
due to non-resolution or recurrence. DoseCue's product offers brand
differentiation to pharmaceutical manufacturers, while offsetting the
costs of low medication compliance.
"Over the past three years we were able to take advantage of the
programming and meeting facilities available to virtual residents.
What's more, DoseCue's association with the Port was cited as a strength
by reviewers of an SBIR proposal we were awarded in September," says
Shirley Cook, vice president of operations at DoseCue. "ow that DoseCue
is gaining momentum, taking physical space at the Port was a natural
progression in the growth of our company and we're eager to take
advantage of the added benefits of being surrounded by the
entrepreneurial community here at the Science Center."
Biomated Solutions designs and develops laboratory automation
technologies, and focuses primarily on research animal colony management
systems. The startup is aiming to use automation technology to reduce or
avoid common inefficiencies in research animal management. Biomated
Solutions' devices and services increase throughput and reduce the
number of errors that can occur in experiments that involve research
animals. As a result, the technology not only reduces the cost of
research, but also minimizes the number of animals needed over the
course of an experiment.
"Because we offer our services to biological research laboratories,
proximity to researchers is key. Even though they don't have a vivarium,
the Science Center's location puts us in close proximity to the
University of Pennsylvania, Drexel, Temple, as well as Jefferson
Hospital and more, which will help us establish connections to various
researchers at those institutions," says Vivek Sharma, founder and CEO
of Biomated Solutions. "We also believe it's important that the Science
Center provides more than just space, but information and resources to
help our business as it grows."
Znetics, formed through the University of Pennsylvania's UpStart
program, seeks to develop drugs to treat intestinal motility disorders.
With very large numbers of patients with these conditions, a particular
focus of the company's work is to help design drugs to treat elderly
patients with delayed colonic transit.
About the Science Center
The University City Science Center is the hub for technology,
innovation, and entrepreneurship in the Greater Philadelphia region. It
provides lab space, office space, business incubation, programming, and
support services for entrepreneurs, start-ups, and growing and
established companies. 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. The Science Center is
celebrating its 50th anniversary in 2013. For
more information about the Science Center, go to www.sciencecenter.org.
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