About PRI
MISSION STATEMENT
Panorama identifies, initiates and incubates novel, proprietary bio-medical projects.
Projects originate from in-house research or by collaboration or license from outside of PRI.
As projects mature, they may be out-licensed to other companies or provide the basis for a PRI start-up company.
INSTITUTE PROFILE
Founded in 1991
Biotech/pharmaceutical incubator
Lab: heart of Silicon Valley, California
Spun out two dozen companies, many exits & 7 IPOs
45,000 sq. ft. lab, offices in Sunnyvale
15 scientists; drug development specialists
Major life science disciplines:
Medicinal chemistry
Pharmacology
Molecular biology & protein engineering
Cell Biology
The Institute has a staff of 15 medical scientists (10 with MD and/or PhD degrees) with expertise in medicinal and organic chemistry, pharmacology, molecular and cell biology, plant molecular biology, oncology, immunology, infectious diseases and medicine. PRI has discovered and served as an incubator for a number of technologies and pharmaceutical projects that subsequently were licensed to development partners or incorporated into PRI portfolio companies.
The Institute receives revenues of >$2.0M annually from royalties, reagent sales and various contracts and grants from the USA National Institutes of Health, the Department of Energy, and the National Science Foundation.