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Last updated on April 16, 2014 at 14:39 EDT

Latest PLSG Stories

2013-06-14 08:25:47

PITTSBURGH, June 14, 2013 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG) today announced a reduction in staff and levels of investment that were necessitated by delays in portfolio company exits caused primarily by the current overall investment climate and the uncertainty of state funding. PLSG President and CEO, John W. Manzetti said, "As the region's only pure life sciences investment firm, the actions taken this week, which were approved by the PLSG Board of Directors,...

2011-01-07 06:45:00

PITTSBURGH, Jan. 7, 2011 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG), the organization providing capital investments and customized company formation and business growth programs to the region's life sciences enterprises, issued this statement through its President and Chief Executive Officer, John W. Manzetti announcing the first close of the PLSG Accelerator Fund, LLC (Accelerator Fund) at $5 million. The Accelerator Fund is being managed by the PLSG to make venture...

2010-12-02 10:07:00

PITTSBURGH, Dec. 2, 2010 /PRNewswire/ -- The Board of Directors of the Pittsburgh Life Sciences Greenhouse (PLSG), the organization providing capital investments and customized company formation and business growth services to the region's life sciences enterprises, today announced the approval of the nomination of Peter M. DeComo as the new Chairman of the Board of the PLSG, effective immediately. Mr. DeComo will replace Dr. D. Lansing Taylor who is stepping down after serving 3 years as...

2009-09-23 07:48:00

PITTSBURGH, Sept. 23 /PRNewswire/ -- As the world converges on Pittsburgh and Western Pennsylvania, the first thing the international visitors notice are clear skies and the lack of the traditional, stereotypical images of smokestacks lining the city's three rivers. Instead, they are greeted by a region that for the past two decades has successfully transformed itself from a manufacturing economy to a service economy centered on the development and commercialization of advanced...

2009-02-17 07:56:00

PITTSBURGH, Feb. 17 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG), the premier life sciences seed and early-stage investor in western Pennsylvania, has surpassed the $13 million mark in committed investments. The PLSG's $13.2 million in direct investments in nearly 60 companies has attracted over $400 million in additional capital for the region. The PLSG continues to propel the growth of western Pennsylvania's life sciences economy by enabling the commercialization of...