This Penn Spinout Is Starting Off The Year With A New License Deal And Seed Funding

University of Pennsylvania spinout EpiVario, an early-stage drug discovery venture looking at psychiatric treatments, announced this week it secured a license from the Ivy League school to develop drugs worldwide based on its novel approach to genetic targeting.

Based on the research of Penn epigeneticists Shelley Berger and Philipp Mews, the company is working to find new, more effective ways to treat ailments such as PTSD, Alzheimer’s, and alcohol and drug addiction.

“Securing this exclusive license was a key element in our strategy to be the first to bring this treatment to market with strong patent protection,” said CEO Thomas Kim. “We look forward to working with Dr. Berger and her research team to continue to hit milestones on our way towards Phase I clinical trials in 2020.”

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