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July 04, 2015 10:58 AM ET

Diversified Consumer Services

Company Overview of The University of Pennsylvania

Company Overview

University of Pennsylvania is an educational institution offering graduate, undergraduate, professional, summer courses, and distance learning programs in fields such as law, medicines, communication, and dental medicine. The schools of the university include School of Arts and Sciences; Annenberg School for Communication; School of Dental Medicine; Graduate School of Education; School of Engineering and Applied Science; Graduate School of Fine Arts; Law School; School of Medicine; School of Nursing; School of Social Work; School of Veterinary Medicine; and Wharton School. University of Pennsylvania was established in 1740 and is based in Philadelphia, Pennsylvania. The university has endowm...

3451 Walnut Street

Philadelphia, PA 19104

United States

Founded in 1740

Phone:

215-898-5000

Fax:

215-573-2093

Key Executives for The University of Pennsylvania

Dean of the School of Design
Interim Provost
Adjunct Professor
Executive Vice President
Age: 52
Associate, Licensing and New Business Start-Up at Center for Technology Transfer
Compensation as of Fiscal Year 2015.

The University of Pennsylvania Key Developments

University of Pennsylvania Signs strategic manufacturing collaboration with WuXi AppTec

WuXi AppTec (China) has signed a strategic manufacturing collaboration with the University of Pennsylvania's (US) Gene Therapy Program. Under the agreement, university scientists will work with WuXi to set up processes to manufacture viral vectors at the company's production plant in Philadelphia. The collaboration builds on WuXi's existing partnerships with academic institutions, following closely on a genomics-focused tie-up with China's Fudan University earlier this month. The collaboration with the University of Pennsylvania is expected to expand WuXi's manufacturing of adeno-associated virus (AAV) vectors - which can be used in gene therapy - by leveraging the university's expertise in viral vector production and boosting the company's overseas research and development capabilities.

University of Pennsylvania Names Beth Winkelstein as Vice Provost for Education

Beth Winkelstein has been named vice provost for education at the University of Pennsylvania. She is a professor of bioengineering and the associate dean for undergraduate education in Penn's School of Engineering and Applied Science. Her appointment is effective July 1, 2015.

Juno Therapeutics Resolves Litigation with University of Pennsylvania and Novartis Pharmaceuticals

Juno Therapeutics reached a settlement agreement to resolve litigation with the Trustees of the University of Pennsylvania and Novartis Pharmaceuticals, under which Novartis will make payments an initial payment of $12.3 million to Juno in addition to future milestone payments. Also under the agreement, Novartis will pay Juno mid-single digit royalties from U.S. net sales of product candidates related to the disputed contract and patent claims, as well as a low double-digit percentage of the royalties Novartis pays to the University of Pennsylvania for global net sales for the product candidates. Juno noted it became a party to the litigation after it entered into a December 2013 license agreement with St. Jude Children's Research Hospital, also a party in the litigation, for patent rights owned by St. Jude. The litigation began in July 2012 in connection with a contract dispute between St. Jude and Penn, and was broadened in March 2013 to include a dispute concerning a St. Jude's U.S. Patent titled Chimeric Receptors with 4-1BB Stimulatory Signaling Domain. Payments received by Juno will be shared with St. Jude under the terms of the license agreement between Juno and St. Jude. The parties also agreed to dismiss all claims in the relevant legal proceedings.

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