Pennsylvania’s Life Sciences Greenhouses Initiative

Economic Growth and Innovative Medical Product Development via Direct Investments

Who We Are

In 2001, Pennsylvania made a strong commitment to the biosciences by allocating up to $1.6 billion from the Master Tobacco Settlement to support research, encourage early stage funding, and enhance venture funding.

Out of this amount, $100M was allocated to three regionally based evergreen funds collectively known as the Life Science Greenhouses (LSGs)

Seeking Capital for a Life Sciences Venture?

Our Impact

The LSGs fill a critical gap in early‐stage funding for emerging companies and promote other regional programs to advance both healthcare and Pennsylvania’s innovation economy.

Since 2002 the LSGs have:

  • Invested a total of $118 million

  • Leveraged nearly $5 billion in additional dollars

  • Created 3,236 high‐paying jobs

  • Supported formation of 182 new enterprises

  • Contributed to development of numerous new therapeutics, medical devices, diagnostics and medical information technologies

Questions?

Contact Your Regional Life Sciences Greenhouse