Life Sciences News

Delaware Nabbed Part Of A Regional EDA Tech Hubs Designation

October 25, 2023

Wilmington is part of the Greater Philadelphia Region Precision Medicine Tech Hub, led by Ben Franklin Technology Partners of Southeastern PA. Here’s what comes next. It’s official, Delaware: We’re a tech hub. Part of one, at least. The US Department of Commerce’s Economic Development Administration (EDA) Tech Hubs program is an effort by the federal […]

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The Philadelphia Region Won A New Federal Tech Hub Designation For Life Sciences

October 24, 2023

The Philadelphia tech hub will try to advance manufacturing and commercial development of cell and gene therapies. The Philadelphia region has been selected as one of 31 federal innovation and technology hubs, making the area eligible to compete for a grant of up to $75 million to advance the area’s life sciences industry, the Biden […]

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Officials Laud University City’s Ongoing Development as $100M Project Marks Construction Milestone

March 23, 2022

When state Sen. Vincent J. Hughes took the podium at a ceremonial topping out of 3.0 University Place, a $100 million development at 4101 Market St. in University City, he noted the significance of its location. “This is special,” he said. “The history has always been that everything stopped at 40th Street. We have been […]

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6 Philadelphia-Area Companies Land on Deloitte’s 2021 Technology Fast 500 List

November 17, 2021

Six companies in Greater Philadelphia rank among the 500 fastest-growing technology and life sciences companies in North America, according to a new report from Deloitte. Deloitte’s 2021 Technology Fast 500 Rankings, released Wednesday, rank firms based on revenue growth percentage during the period from 2017 to 2020. Qualifying companies had to have operating revenue of […]

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Navy Yard Returns to its Roots While Some Philly Start-Ups Depart for the Suburbs

November 9, 2020

Twenty years after far-sighted officials began marketing the former naval base in South Philadelphia as the Navy Yard business center for growing private firms, its largest employer is — the Navy. Of the 15,000 men and women who officials say work in the new and repurposed buildings on the Delaware River at the foot of […]

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PACT Enterprise Awards 2020

Ben Franklin Companies Honored at PACT Enterprise Awards

September 15, 2020

Ben Franklin companies Tridiuum and InstaMed, as well as Ben Franklin board member John Castleman, each took home top honors at this year’s PACT Enterprise Awards, webcasted on September 9. Triduum took home the award for top Healthcare Innovator, while alumni company InstaMed took honors for top Technology Company. Board member John Castleman was recognized […]

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15 Biotech Companies in Philadelphia at the Helm of Research and Discovery

June 5, 2020

As the biotech industry continues to gain traction nationwide, nowhere is this growth more apparent than in Philadelphia. Like many tech hubs, the City of Brotherly Love has been at the helm of invention and disruption for the past several decades, giving rise to some of the country’s most impressive tech companies and startups. And […]

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Watch the Webinar: “PRIMA: Why Medical Product Development Starts at Commercialization”

April 2, 2020

Eric Sugalski, CEO of Archimedic, led an interactive, case study based workshop focused on: How to identify the most critical commercial risks facing your medtech business How to turn nascent medtech ideas into comprehensive business focused solutions How to build a product development and commercialization plan that secures the investment needed to advance your medtech […]

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Strength of Life Sciences Lifts Philly’s VC Ecosystem to Record Heights

February 18, 2020

At $2.5 billion invested across 225 venture financings for the year, Philly’s venture ecosystem closed out 2019 stronger than ever, helping to push the average disclosed round value to $11.2 million. Moreover, the region’s pharma & biotech sector commanded more than $1 billion in overall deal value in its own right last year for the […]

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Clean Energy Jobs are Truly ‘Made in Pennsylvania’

September 26, 2018

When Pennsylvanians think of clean energy jobs, the images that come to mind might include a team of solar installers drilling panels onto a roof in Bucks County, or a hard-hatted wind turbine technician perched atop a 200-foot-tall white tower at Moosic Mountain outside Scranton. High-flying, high-profile jobs like these are crucial to our state’s […]

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