Science Market Update

If you’ve heard of the University of California’s QB3 organization, you probably already know that their goal is to offer support to researchers in the biosciences and help them commercialize their work. What you may not know is just how successful the organization has been in its six years of existence. QB3, or the California Institute for Quantitative Biosciences, hit its six year mark in March. Since its beginning, QB3 and its partners have been integral in the inception of 65 new bioscience companies in an expanding network of incubators at UCSF Mission Bay, UC Santa Cruz and UC Berkeley. Together, these companies have earned over $230 million in capital.