Entries by Danielle Hagerty

UDel collaborates to lower drug cost

The University of Delaware is collaborating with Delaware State and Clemson University as a part of a team that received $6 million to perform research on lowering the cost of drugs that treat several debilitating diseases. The drugs in the study currently cost several thousands of dollars; the new research is aiming to mitigate these […]

Coastal Zone Legislation Will Make Delaware More Business Friendly

The Coastal Zone Act, which was reformed late last month by the General Assembly in the state of Delaware, will allow for the redevelopment of 14 industrial sites across the state. The legislation will alleviate restrictions on transferring goods to ships and repurposing property, but still maintains regulations surrounding oil refineries, steel mills, and natural […]

Four International Companies Select Philadelphia for U.S. Headquarters

Four companies based in Europe are locating their U.S. headquarters in Philadelphia within the next year. Two of the four companies are locating here as a direct result of the Philadelphia Department of Commerce’s European trade mission in September 2016. The companies include Italy-based Tactical Pro USA, which sells military products, France-based Clem, a car […]

Spark Therapeutics Gets Preliminary Approval from FDA for Groundbreaking Drug

Spark Therapeutics, a Philadelphia-based biotechnology company spun out of CHOP, is on their way towards creating the first gene therapy treatment for a genetic disease approved in the U.S. The company has developed a drug to treat rare inherited blindness. The FDA accepted their application for a biologics license and granted it priority review. A […]