News Type: News

How Thomas Bailey survived the topsy-turvy pharmaceutical industry

June 24, 2014

News Networks | Thomas Bailey | June 24, 2014 With Pfizer’s attempted takeover of AstraZeneca, Merck & Co.’s continued downsizing, and the recent acquisition of Cephalon Inc., the Philadelphia region’s pharmaceutical sector is going through some big changes. As the rate of drug discovery slows and the cost of research and development rises, more and more […]

PeopleLinx gets ‘LinkedOut,’ reworks product

June 17, 2014

Philadelphia Business Journal | Lauren Hertzler | Jun 17, 2014, 2:28pm EDT Startup PeopleLinx learned in March it would get the boot from using LinkedIn’s application programming interface. PeopleLinx is one of many companies recently cut off from using the LinkedInAPI tool for hiring, marketing or sales purposes. (Hence the #LinkedOut hashtags we’ve beenseeing on Twitter.) But it didn’t deter the […]

The Cutting Edge – Graphene Frontiers

June 10, 2014

Philadelphia Inquirer | Diane Mastrull | June 10, 2014 In a University City laboratory, Mike Patterson recently shared his thoughts on the potential impact of the business he has helped launch. In doing so, the CEO of Graphene Frontiers demonstrated an unapologetic inability to understate. “This is changing-the-world stuff,” Patterson said. At the core of […]

Biomeme Expands from NextFab Incubator

May 27, 2014

Joseph N. DiStefano | May 27, 2014 | Philadelphia Inquirer Biomeme Expands from NextFab Incubator Biomeme, a four-person start-up operating out of Evan Malone’s NextFab cool-tools members’ workshop on Washington Ave., has raised $1.9 million in funding for its DNA analysis-on-your-smartphone development project, partly from NextFab itself, Malone tells me. The firm has also been […]

May 16, 2014

Elana Gordon | May 16, 2014 | WHYY The room is upbeat, friendly. About two dozen people, mostly women, filter in to a lecture space at DeVry University in King of Prussia, Pa. But these aren’t students. Their combined expertise could probably run a multi-billion dollar drug company. “We have CEOs, we have MDs, PhDs, […]

Forget that ‘brain drain’ stuff; Philly is becoming a brain magnet

May 15, 2014

Philadelphia Business Journal | Deborah Diamond and Steve Wray | May 15, 2014 Forget that ‘brain drain’ stuff; Philly is becoming a brain magnet Ten years ago, City officials, higher education leaders and the business community joined together to address a tremendous opportunity for Philadelphia: make better connections to Philadelphia’s colleges and universities, so that […]

May 14, 2014

PHILADELPHIA, PA (www.sep.benfranklin.org) – Ben Franklin has reported that it’s work over the past year contributed to 711 southeastern Pennsylvania jobs were created or retained in the organization’s five-county service area, which includes Bucks, Chester, Delaware, Montgomery and Philadelphia counties. Additionally, Ben Franklin registered an all-time high of 27 new company formations!Impact results are a […]

May 5, 2014

PHILADELPHIA, PA (www.sep.benfranklin.org) – Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) recently approved the investment of $975,000 in nine early-stage regional companies. Companies approved for funding: BioDetego, LLC – Philadelphia County – Approved Investment: $50,000 (Through the Technology Commercialization Fund) BioDetego is developing, VASPfore, a new biomarker test for selecting cancer treatment protocols. […]

January 30, 2014

Companies approved for funding: Biomeme, Inc. – Philadelphia – Approved Investment: $400,000 Biomeme’s technology platform transforms a user’s smartphone into a mobile lab for advanced DNA diagnostics and real-time disease surveillance. The system includes a docking station for real-time qPCR, a mobile app to control the system and analyze results, and targeted test kits […]

October 31, 2013

October 31, 2013 PHILADELPHIA, PA (www.sep.benfranklin.org) – Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), celebrating its 30th anniversary of helping our region’s talented entrepreneurs bring their Dreams to Reality, recently approved $2,175,000 in funding for nine early-stage companies. Companies approved for funding: Cloudnexa – Philadelphia Approved Investment: $250,000 Cloudnexa is the next generation cloud management […]