John W. Manzetti and the Pittsburgh Life Sciences Greenhouse (PLSG) were named the 2011 Outstanding Leadership in Technology category winner at the 2011 Pennsylvania Technology Awards Gala in Harrisburg, Pa., last Friday. The Gala now in its 19th year showcases Pennsylvania’s leading technology and innovations. PLSG was among 120 nominees that were recognized at this year’s event.
“It is an honor to congratulate John and the PLSG team on this distinguished award,” said Peter M. DeComo, Chairman of the Board at PLSG. “Winning the Outstanding Leadership in Technology award recognized the PLSG’s successful efforts to build upon our region’s existing strengths to make western Pennsylvania a worldwide hub for research, clinical care and biosciences entrepreneurs whose companies will be global leaders in the life sciences.”
The PLSG invests in and supports the growth of biosciences companies in southwestern Pennsylvania. The PLSG has investment and business growth programs to increase the linkage between research, technology and commercialization; nurture and develop entrepreneurial biosciences enterprises; grow the region’s talent pool in the life sciences; and help biosciences firms locate, expand or start-up in the Greater Pittsburgh region.
Since its inception in 2001, PLSG has already helped 323 life sciences companies and has helped create or retain more than 5,000 jobs in the region. 34 companies have been provided with office or laboratory space and 13 have been relocated to Pittsburgh from outside of the region. In addition, the PLSG has invested $16.6 M in 61 companies which has leveraged over $600 million in additional capital to the region.
