Pittsburgh Life Sciences Greenhouse
About Pittsburgh Life Sciences Greenhouse
About
Bringing innovation to market.
The Pittsburgh Life Sciences Greenhouse (PLSG) is a nationally-recognized investment firm committed to empowering entrepreneurs to build innovative and successful life sciences companies. Our exemplary investment track record is founded upon proven due diligence and investment standards. The PLSG empowers entrepreneurial life sciences enterprises in Pittsburgh and western Pennsylvania to build companies that make global advances in research and patient care.
Since PLSG began operation in 2002 it has assisted more than 440 life sciences companies and has helped create or retain over 2,300 direct jobs and affected over another 14,000 jobs in western Pennsylvania; 40 companies have been provided with office or laboratory space; and 14 have been relocated to Pittsburgh from outside of the region. PLSG has invested $21 million in 78 companies, which has leveraged over $1.5 billion in additional capital to the region.
Concept to Commercialization™
PLSG guides researchers, entrepreneurs and emerging companies through difficult challenges faced in early stages of company development. We help to build sustainable business models and secure capital investments, making it possible for companies to deliver biomedical innovations to the marketplace more quickly and efficiently than they ever could alone. We direct support to life sciences companies developing product and service innovations in the following concentrations:
Biotechnology Tools
Diagnostics/screening
Healthcare IT
Medical Devices
Therapeutics
As western Pennsylvania’s only investment organization with a pure life sciences focus, we combine our deep knowledge of global industry trends, national networks and corporate collaborations to identify worthy investment opportunities within our region’s industry. Our experienced team promotes the relationship between research, technology and commercialization with Capital Investment and Business Growth programs specifically tailored to the needs of western Pennsylvania’s life sciences industry.
History, mission and vision.
The Commonwealth of Pennsylvania, University of Pittsburgh, Carnegie Mellon University, University of Pittsburgh Medical Center and Pittsburgh’s regional foundation community, founded PLSG as a public/private partnership. PLSG’s revolving funding model provides returning revenue that supports the ongoing growth of our regional industry. In addition, we receive funding from the Commonwealth of Pennsylvania Department of Community and Economic Development and western Pennsylvania's philanthropic foundation community.
Our mission is to create, nurture and help establish a globally dominant life sciences industry in western Pennsylvania. We continue to build on the existing strengths of the region to make Pittsburgh a worldwide hub for research, clinical care and biosciences entrepreneurs whose companies will be leaders in several targeted areas of the life sciences.
People
- Diana Cugliari, President
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