Life Sciences News

Latus Launches with State-of-the-Art Gene Therapy Development Technologies, Two Lead Product Candidates, and an Initial $54 Million in Series A Financing

May 6, 2024

Latus Bio, Inc. (“Latus”), a biotechnology company developing novel gene therapy candidates for disorders of the central nervous system (CNS), today announced its launch and an initial close of $54 million in Series A financing. The funding round is being led by 8VC and DCVC Bio. To date, Samsung Life Science Fund (created by Samsung […]

Philadelphia Sits Among Nation’s Elite Life Sciences Hubs In New Colliers Rankings

April 30, 2024

The Philadelphia region takes fourth place in a new ranking of the country’s top life sciences hubs on the strength of its talent pipeline and recent real estate activity. The analysis conducted by the commercial real estate services firm Colliers International focuses on a region’s ability to support and sustain industry growth using factors such […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]