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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Professional services and research firm JLL recently released its annual Life Sciences Outlook report, which scores 15 metropolitan areas across the country and Canada on life sciences workforce statistics, funding availability, and other factors. The report reinforces the idea that Philadelphia’s life sciences industry is thriving. The city came in at #5 on the list, […]
Christina Lopes, the CEO and co-founder of The One Health Company, got a unique opportunity to raise the profile of her Philadelphia life science startup with an appearance at the World Economic Forum in Davos, Switzerland in January 2017. A Young Global Leaders of World Economic Forum alumnus, Lopes was invited to attend the World Economic Forum […]
We live in a world where new technology is constantly and consistently advancing and new companies are born every day. In 2014, the recession maintained its grasp on American ingenuity as entrepreneurship hit a 20-year low. However, according to the Kauffman Index for 2016, startup activity rebounded last year, going up for the second year in […]
A Montgomery County company seeking to develop ways to treat cancer in dogs and cats has secured a new partner and new investment to help it achieve its goals. MBF Therapeutics of Ambler raised more than $100,000 in new capital from private investors and converted existing debt and notes into equity in a $1.1 million […]