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Money Moves: These 8 Philly-Area Companies Raised More Than $118M Total This Spring
July 6, 2020
A handful of Philly-area companies across industries like biosciences and and information sciences have announced some fundraising in the past two months ranging from a few hundred thousands dollars up to $45 million. In late May, Palvella Therapeutics, a Wayne-based biopharmaceutical company focused on genetic diseases, announced that it had raised $45 million in Series […]
NextUp: The Local Company Unlocking the Mysteries of Brain Disease
June 30, 2020
Who: Maria Maccecchini was a young scientist in her early twenties when she first became fascinated with the idea of cell death, the process through which human cells stop functioning. At the time, science students like Maccecchini were taught that while most human cells, like skin cells, can divide or replace themselves many times before […]
Wistar Institute Will use 3D-Printed Lung Models Made by Allevi for Coronavirus Research
June 30, 2020
Pennovation-based life sciences technology company Allevi is partnering with University City-based biomedical research center The Wistar Institute to use 3D printing to learn about COVID-19. COVID-19 is an acute respiratory illness and has taken more than 500,000 lives worldwide. Allevi’s patented 3D bioprinting platform will create 3D models of lungs for Wistar scientists to use […]
Accolade, a Philly-Seattle health IT Company, Announces Terms for IPO
June 26, 2020
Connected healthcare company Accolade, with headquarters in Plymouth Meeting and Seattle, set terms this week for its IPO, GeekWire first reported. Founded in 2007, Accolade could be the first company in both regions to go public in 2020. The process started back in February, when it announced it had filed its S-1 form. Accolade helps […]
CEO RoseAnn Rosenthal Explains Why She’s Leaving Ben Franklin Technology Partners
June 24, 2020
After 25 years of leading the Philadelphia region’s most active seed fund, RoseAnn B. Rosenthal is preparing to hand over the reins of state-backed Ben Franklin Technology Partners of Southeastern Pennsylvania to a new leader. Current Chief Investment Officer Scott Nissenbaum will take on the title of president and chief operating officer on July 1 […]
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