Pittsburgh Mayor Luke Ravenstahl and Allegheny County Executive Dan Onorato today toured the Pittsburgh Life Sciences Greenhouse (PLSG) incubator and office space where companies are taking ground breaking life sciences products and services from concept to commercialization. Company CEOs were on hand to demonstrate how their innovative products can treat and potentially cure diseases and create global healthcare solutions.
"The Pittsburgh Life Sciences Greenhouse exemplifies our region's ability to reinvent itself and create new industries based on innovation and entrepreneurship, one of the reasons why President Obama chose Pittsburgh to host the G-20 summit," said Ravenstahl. "Right here in Pittsburgh, the world's leading scientists and engineers are developing technology solutions and life saving vaccines that will ultimately change the world much like the polio vaccine did."
"The Pittsburgh Life Sciences Greenhouse is a perfect example of why our region has earned a reputation of being on the leading edge of science and technology," said Onorato. "The PLSG cultivates our regional talent and turns it into new opportunity through innovation and job creation. The Pittsburgh Technology Center also sits on a former brownfield and is a model of how we have successfully transitioned our region, both economically and environmentally, by taking back our riverfronts and reclaiming and redeveloping former industrial sites."
John W. Manzetti, president and CEO of PLSG, led a tour through three of its incubator laboratories and showcased six additional companies throughout the incubator office space. All of the companies are part of the PLSG's Portfolio of promising innovations including; Biotechnology Tools, Diagnostics, Healthcare IT, Medical Devices and Therapeutics.
"It's our privilege to get the word out that this region has some of the world's very best life sciences technologies," said John W. Manzetti, PLSC president & CEO "We are creating companies and growing our talent pool of researchers and entrepreneurs which will allow us bring more innovation and investment opportunities to the market."
The Pittsburgh Life Sciences Greenhouse (PLSG) provides capital investments and customized company formation and business growth services to western Pennsylvania's life sciences enterprises. The PLSG supports biosciences companies with promising innovations in the following concentrations: Biotechnology Tools, Diagnostics, Healthcare IT, Medical Devices and Therapeutics. The PLSG is propelling the sustainable growth of the region's life sciences economy by accelerating research and technology commercialization with seed and early-stage companies; connecting investors with their Investment Portfolio companies; expanding established life sciences ventures and relocating biomedical companies to Pennsylvania . For more information, visit www.plsg.com.
Monday, August 17, 2009
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Office of Mayor Luke Ravenstahl
512 City County Building | 414 Grant Street
Pittsburgh, PA 15219
telephone: 412-255-2626 | facsimile: 412-255-2687