Site Selection Magazine’s May 2025 issue features an investment profile on the Greater Philadelphia region, highlighting the Philadelphia Navy Yard’s transformation from a former naval shipyard to a novel life sciences district as an example of one of region’s many major life science campuses. The Navy Yard’s story underscores Greater Philadelphia’s leadership in the life sciences and advanced manufacturing industries and emphasizes its growing appeal as a global business destination.

Greater Philadelphia is ranked among the top 25 global startup ecosystems and as one of the top five U.S. life science market hubs and the nation’s second-leading hub for cell and gene therapy. 

“After performing a site selection process that reviewed 59 locations in 10 states, the Navy Yard and ‘Cellicon Valley’ was the clear winner.” – Fred Vogt, Interim CEO and General Counsel at Iovance Biotherapeutics, Site Selection Magazine, May 2025.

Learn More

The digital edition of Site Selection’s May 2025 issue can be located here.

For more information about the region’s life science industry, visit our website. To learn more about The Chamber of Commerce for Greater Philadelphia’s role in supporting business growth here, contact James Medaglio, Director, Business Attraction and Expansion, the Chamber, at [email protected].