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  • Penn startup Capstan acquired by AbbVie for $2.1 billion
A lab at the University of Pennsylvania run by researcher Drew Weissman, who is a co-founder of Capstan Therapeutics. The Penn biotech spinoff is being acquired by pharmaceutical giant AbbVie.
Founders
Penn startup Capstan acquired by AbbVie for $2.1 billion
Founder News Team Jul 2, 2025 0

A University of Pennsylvania biotechnology company that aims to treat autoimmune diseases by reengineering cells within the body is being…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Viktor Orban Claims EU Poses Greater Threat to Hungary Than Russia | Ukraine news
Viktor Orban Claims EU Poses Greater Threat to Hungary Than Russia | Ukraine news
Feb 14, 2026
Munich Security conference live: Starmer announces deployment of warships and fighter jets to Arctic
Munich Security conference live: Starmer announces deployment of warships and fighter jets to Arctic
Feb 14, 2026
Maritime escalation fears grow as United Kingdom and European Union weigh Russian tanker seizures, Moscow vows harsh response
Maritime escalation fears grow as United Kingdom and European Union weigh Russian tanker seizures, Moscow vows harsh response
Feb 14, 2026
Rubio sticks to Trump's firm stance but takes softer tone in speech to European allies
Rubio sticks to Trump’s firm stance but takes softer tone in speech to European allies
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