Perelman School of Medicine at the University of Pennsylvania
The Perelman School of Medicine at the University of Pennsylvania is the oldest U.S. medical school (founded 1765), training physicians and researchers while delivering clinical care through six affiliated hospitals and producing $982M in annual sponsored research, including pioneering CAR T-cell therapy and gene therapy programs.
- Company typePrivate
- Founded1765
- HeadquartersPhiladelphia, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Perelman School of Medicine at the University of Pennsylvania does
The Perelman School of Medicine at the University of Pennsylvania is the oldest medical school in the United States, founded in 1765 in Philadelphia. It operates as a constituent school of the private non-profit University of Pennsylvania, with 2,900+ full-time faculty, 6,800+ total employees, 761 MD students, 842 PhD students, 222 MD-PhD students, and 1,900+ residents and fellows. The institution runs over 50 specialized research centers and institutes, including the Abramson Cancer Center and the Center for Cellular Immunotherapies, and delivers clinical care through six affiliated hospitals: Hospital of the University of Pennsylvania, Penn Presbyterian Medical Center, Pennsylvania Hospital, Chester County Hospital, Lancaster General Hospital, and Penn Medicine Princeton Health, plus a pediatric partnership with Children's Hospital of Philadelphia.
The school's core technology stack spans basic science, translational, and clinical research across oncology, cardiology, immunology, neuroscience, and gene therapy. Notable proprietary capabilities include CAR T-cell therapy (tisagenlecleucel), which has demonstrated 10-year remissions in large B-cell and follicular lymphoma patients; an ultrathin flexible electronic mesh that integrates with developing pancreatic tissue to mature stem-cell-derived islet cells for diabetes care; the TIE2 protein inhibitor rebastinib for cerebral cavernous malformations; an mRNA nanoparticle vaccine platform; and the FRAME curriculum integrating AI, VR/AR, and personalized learning into medical education.
Penn's business model rests on three revenue streams: research grants and sponsored programs ($982M in FY2022, primarily NIH-funded), clinical care revenue from the six-hospital Penn Medicine system, and tuition/fees from MD, PhD, combined-degree, master's, certificate, postdoctoral, and continuing medical education programs. The school is governed by the University of Pennsylvania Board of Trustees and led by Dean Jonathan A. Epstein, MD. Major philanthropic anchors include $225M from Raymond and Ruth Perelman (2011), $100M and $25M from the Abramsons (1997/2010), and recent $8M from the RTW Foundation (2026) and $25M from PCORI (2025).
Perelman School of Medicine at the University of Pennsylvania firmographics
Firmographics- Name
- Perelman School of Medicine at the University of Pennsylvania
- Legal name
- Perelman School of Medicine at the University of Pennsylvania
- Website
- https://med.upenn.edu
- Company type
- Private
- Founded year
- 1765
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- The Perelman School of Medicine at the University of Pennsylvania is the oldest U.S. medical school (founded 1765), training physicians and researchers while delivering clinical care through six affiliated hospitals and producing $982M in annual sponsored research, including pioneering CAR T-cell therapy and gene therapy programs.
- Ownership category
- akta.pro rank
Perelman School of Medicine at the University of Pennsylvania industry classification
Industry- Product category
- Academic Medical Center
- NAICS
- Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (61131), Colleges, Universities, and Professional Schools (611310), Specialty (except Psychiatric and Substance Abuse) Hospitals (62231)
- SIC
- Services-Health Services (8000), Services-Commercial Physical & Biological Research (8731), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)
- akta.pro primary industry
- Medical Schools (MD/DO Granting) (EDAHAGAB)
- akta.pro secondary industries
- Biomedical Sciences & Medical Research Institutes (University-Based) (EDAHAGAI), Academic Medical Centers & Teaching Hospitals (University-Affiliated) (EDAHAGAA), Health & Biomedical Research Universities (Academic Medical Center–Affiliated) (EDAHABAC), Schools of Nursing (EDAHAGAC)
Keywords
Where Perelman School of Medicine at the University of Pennsylvania is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Perelman School of Medicine at the University of Pennsylvania business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Research Grants and Sponsored Programs: Federal and private research funding primarily from NIH, other government agencies, and foundations. In FY2022, total sponsored program awards reached $982 million.
- Clinical Care Revenue: Patient care services delivered through six affiliated hospitals including Hospital of the University of Pennsylvania, Penn Presbyterian Medical Center, Pennsylvania Hospital, and regional facilities.
- Medical Education Tuition: MD program tuition, PhD programs, MD-PhD programs, master's and certificate programs, and continuing medical education.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Perelman School of Medicine at the University of Pennsylvania product offering
Product offeringCore offering
Perelman School of Medicine at the University of Pennsylvania is an academic medical center that delivers medical education (MD, PhD, dual-degree, master's, certificate, postdoctoral, and continuing medical education programs), conducts biomedical and clinical research across disciplines including oncology, cardiology, immunology, neuroscience, and gene therapy, and provides patient care through six affiliated hospitals in the Penn Medicine Health System.
Product overview
The Perelman School of Medicine at the University of Pennsylvania is the nation's first medical school (founded 1765) offering a comprehensive portfolio of educational programs, research initiatives, and clinical care services. The educational offerings include an MD program, PhD programs through Biomedical Graduate Studies, combined degree programs (MD/PhD and MD/Master's variants), Master's & Certificate Programs, visiting student rotations, postdoctoral training, and continuing medical education. The institution operates over 50 research centers and institutes including the Abramson Cancer Center and Center for Cellular Immunotherapies, advancing biomedical research in areas such as cancer, immunotherapy, cardiovascular disease, and neurosciences. Clinical care is delivered through affiliated hospitals including the Hospital of the University of Pennsylvania, Penn Presbyterian Medical Center, and Pennsylvania Hospital.
Differentiator
Problem solved
Functional benefit
Products and services
- MD Program
- PhD Programs (Biomedical Graduate Studies)
- Combined Degree and Physician Scholar Programs
- Master's & Certificate Programs (MaC)
- Visiting Students Program
- Biomedical Postdoctoral Programs
- Continuing Medical and Interprofessional Education
- FRAME Initiative (Future of Medical Education)
Quantifiable outcome
- 10-year remissions in large B-cell lymphoma patients receiving CAR T-cell therapy
- +2 more outcomes
Companies that use Perelman School of Medicine at the University of Pennsylvania
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Perelman School of Medicine at the University of Pennsylvania technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Perelman School of Medicine at the University of Pennsylvania partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- Ascension Health Systemcore$25 million six-year clinical trial partnership to test whether smartphone gamification can sustainably increase physical activity among 18,000 high-risk adults and reduce cardiovascular events. The fully remote study enrolls participants across 15 states and the District of Columbia.
- Myrio TherapeuticscoreResearch collaboration to develop next-generation T cell immunotherapies for solid tumors, focusing on peptide HLA binder discovery, bispecific T-cell engagers, and novel CAR architectures, with the goal of clinical development after establishing a company and securing seed funding.
- NYU Langone HealthcoreCollaborative partnership for developing next-generation T cell immunotherapies for solid tumors alongside Myrio Therapeutics, focusing on peptide HLA binder discovery and novel CAR architectures.
- Botswana-UPenn PartnershipcoreLong-standing partnership with University of Botswana for capacity-building, academic partnerships, and clinical rotations. Includes research collaborations in HIV/AIDS, TB, adolescent health, and global cardiovascular disease.
- Vingroup-Penn Alliance (Vietnam)majorInternational partnership for capacity-building, international medical education, academic partnerships, medical education development, faculty development, global nursing, graduate medical education, and simulation training in Vietnam.
- Children's Hospital of Philadelphia (CHOP)coreAffiliated pediatric hospital partnership for clinical care, research, and medical education, including pediatric residency training and collaborative research programs.
Scale indicators8 records
Recent moves4 records
Expansion highlights6 records
Perelman School of Medicine at the University of Pennsylvania competitors and assessment
Company assessmentDirect peers
- Harvard Medical School: Harvard Medical School is a peer private medical school with a comparable mix of medical education, biomedical research, and affiliated teaching hospitals. Both are top-tier AMC-affiliated research institutions competing for NIH funding and faculty recruits.
- UCSF School of Medicine: UCSF School of Medicine is a peer top-tier research medical school with a large NIH-funded research portfolio and affiliated health system. Both compete for biomedical research funding and faculty recruits.
- Yale School of Medicine: Yale School of Medicine is a peer private research medical school with Yale New Haven Health. Both are top-10 AMCs competing for NIH funding, faculty, and high-acuity patients.
- Columbia University Vagelos College of Physicians and Surgeons: Columbia's medical school is a peer Ivy League private medical school with affiliated NewYork-Presbyterian Hospital. Both share similar funding sources, biomedical research focus, and patient populations.
- Stanford School of Medicine: Stanford Medicine is a peer private academic medical center combining research, education, and clinical care with a similarly high concentration of NIH funding and technology-driven research. Both lead in biomedical innovation and translation.
- Duke University School of Medicine: Duke School of Medicine is a peer private research medical school with affiliated Duke University Health System. Both compete in biomedical research, MD/PhD training, and specialty clinical care.
- Weill Cornell Medicine: Weill Cornell is a peer private medical school affiliated with NewYork-Presbyterian. Both compete for biomedical research funding and serve overlapping patient populations in the Northeast.
- Washington University School of Medicine in St. Louis: WashU Med is a peer private research medical school with a large NIH funding base and major affiliated hospitals (Barnes-Jewish). Both are consistently top-ranked for research and physician training.
- Johns Hopkins University School of Medicine: Johns Hopkins School of Medicine is one of Penn's closest peers - a private research medical school with a major affiliated hospital system and historically large NIH funding base. Both compete for top research rankings and specialty referrals.
- NYU Grossman School of Medicine: NYU Grossman is a peer private medical school with major research funding and a large affiliated hospital system. Penn actively partners with NYU Langone Health on next-generation T cell immunotherapy research, underscoring direct comparability.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Perelman School of Medicine at the University of Pennsylvania social profiles
Digital presencePerelman School of Medicine at the University of Pennsylvania financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perelman School of Medicine at the University of Pennsylvania leadership team
Management profileNumber of profiles
Profiles11 records
Perelman School of Medicine at the University of Pennsylvania funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
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Perelman School of Medicine at the University of Pennsylvania M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Perelman School of Medicine at the University of Pennsylvania
What does Perelman School of Medicine at the University of Pennsylvania do?
Perelman School of Medicine at the University of Pennsylvania is an academic medical center that delivers medical education (MD, PhD, dual-degree, master's, certificate, postdoctoral, and continuing medical education programs), conducts biomedical and clinical research across disciplines including oncology, cardiology, immunology, neuroscience, and gene therapy, and provides patient care through six affiliated hospitals in the Penn Medicine Health System.
Is Perelman School of Medicine at the University of Pennsylvania a public or private company?
Perelman School of Medicine at the University of Pennsylvania is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Perelman School of Medicine at the University of Pennsylvania founded?
Perelman School of Medicine at the University of Pennsylvania was founded in 1765. It employs 5,001 to 10,000 people.
Where is Perelman School of Medicine at the University of Pennsylvania based?
Perelman School of Medicine at the University of Pennsylvania is headquartered in Philadelphia, United States, in the North America region.
How does Perelman School of Medicine at the University of Pennsylvania make money?
Three revenue lines are on record. Research Grants and Sponsored Programs are the primary driver. The others are clinical Care Revenue and medical Education Tuition.
Who are Perelman School of Medicine at the University of Pennsylvania's main competitors?
Direct peers on record are Harvard Medical School, UCSF School of Medicine, Yale School of Medicine, Columbia University Vagelos College of Physicians and Surgeons, Stanford School of Medicine, Duke University School of Medicine, Weill Cornell Medicine, Washington University School of Medicine in St. Louis, Johns Hopkins University School of Medicine and NYU Grossman School of Medicine.
Does Perelman School of Medicine at the University of Pennsylvania have an API?
No public API is recorded for Perelman School of Medicine at the University of Pennsylvania.
What industry is Perelman School of Medicine at the University of Pennsylvania in?
Perelman School of Medicine at the University of Pennsylvania's product category is Academic Medical Center. Its primary akta.pro industry code is EDAHAGAB, Medical Schools (MD/DO Granting), with a secondary code of EDAHAGAI, Biomedical Sciences & Medical Research Institutes (University-Based). Its NAICS code is 6113 and its SIC code is 8000.