Pittsburgh Biomedical Development Corporation

Pittsburgh Biomedical Development Corporation (PBDC) is a non-profit affiliate of the University of Pittsburgh dedicated to the commercialization of life science research and technology. The corporation functions as a bridge between academic discovery and the private sector, providing seed-stage investment, management expertise, and administrative support to university spin-off companies. PBDC manages the university's equity positions in a diverse portfolio of startups spanning therapeutics, medical devices, and diagnostics. By facilitating the transition of innovative medical discoveries from the laboratory to the marketplace, PBDC plays a critical role in fostering the regional life sciences ecosystem in Pittsburgh.