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Stories From Our Region – December 2022

Chamber’s Business Attraction Efforts Double in 2022

Learn about the Chamber’s progress in attracting businesses to Greater Philadelphia in 2022 and our plans to lead continued attraction and expansion efforts in 2023.

Chubb Announces Plans for New Philadelphia Office

The property and casualty insurance leader will add 1,250 new employees in a state-of-the-art building in 2026.

New Pharmaceutical Ingredients Manufacturing Plant Opens in Philadelphia

This month’s ribbon cutting at the Purolite plant came a year after Ecolab’s $3.7 billion acquisition, increasing its production capacity and regional footprint.

Former Horsham CRE Site Being Reimagined […]

Chamber’s Business Attraction Efforts Double in 2022

In 2022, more company CEOs and entrepreneurs heard the message, “Select Greater Philadelphia,” as the Chamber of Commerce for Greater Philadelphia increased efforts to identify, engage, and assist organizations looking to locate or expand in the region. Those activities included targeted outreach and marketing to executives, especially C-level leaders in life sciences and cell and gene therapy, and an aggressive conference and trade show calendar. “As a result, project activity in 2022 – measured by leads and prospects – is more than double what it was in 2021. Activity is actually on track to be 3.5 times the Chamber’s seven-year […]

December 22nd, 2022|Our News|0 Comments

“Why Greater Philadelphia Ranks #2 As CGT Hub” Featured in Cell & Gene

The Chamber of Commerce for Greater Philadelphia commissioned a study conducted by Econsult Solutions, Inc., titled The State of Cell and Gene Therapy in the Greater Philadelphia Region: A Comparative Analysis, which measured the impact of our region’s progress in cell and gene therapy through five key lenses: research infrastructure, human capital, innovation output, commercial activity, and value proposition. The study compared Greater Philadelphia to 14 other U.S. metros – Baltimore, Boston, Chicago, Cleveland, Houston, Indianapolis, Los Angeles, New York, Research Triangle, San Diego, San Francisco, Seattle, and Washington D.C. – […]

Comparative Study Ranks Philadelphia Region #2 Among 14 Cell and Gene Therapy Hubs

Philadelphia Region Now Tops Other Regional Hubs in Five Categories

PHILADELPHIA (September 27, 2022) – In a newly released study comparing 14 U.S. cell and gene therapy hubs in five key categories, the Philadelphia region ranks #2 among U.S. locations. Commissioned by the Chamber of Commerce for Greater Philadelphia and researched by economic consulting firm Econsult Solutions, Inc. (ESI), the study compares cell and gene therapy hubs in research infrastructure, human capital, innovation output, commercial activity, and value proposition. The only region ranked higher overall than Philadelphia was Boston. New York and San Francisco were ranked #3 and […]

Five Organizations Partner to Design New Biotech Training Program to Connect Philadelphians With Quality Jobs in the Region’s Rapidly Growing Life Sciences Sector

Partners in Greater Philadelphia’s life sciences ecosystem are collaborating to create a new workforce development training model to connect biotech jobs with a wider range of Philadelphians, including residents from disadvantaged communities. In a field that often requires PhDs or master’s degrees for most roles, the program – “Biomedical Technician Training Program: Aseptic Manufacturing” – will create opportunities for Philadelphians with at least a high school equivalency. The initiative is one way the region is working together to meet the talent needs in its rapidly growing cell and gene therapy sector.

The full press release can be accessed via the

Philadelphia Region’s Ever-Expanding Cell and Gene Therapy Family Tree Featured in New Promotional Reel

An initiative launched more than three years ago to boost awareness of the region as a hub for cell and gene therapy is getting ready to unveil its latest effort to promote the fast-growing sector.

Called “Greater Philadelphia: Discovery Starts Here,” the 90-second graphic animation illustrates how more than a dozen companies have spun out of, or are licensing technology from, a handful of local research institutions. It is also available for download here.

Specifically, the video animation features five research institutions (The University of Pennsylvania, Children’s Hospital of Philadelphia, Jefferson Health, Temple University, and The Wistar […]

New Animation Illustrates Greater Philadelphia Region’s Connected Cell and Gene Therapy Startup Ecosystem

PHILADELPHIA (August 16, 2022) – Greater Philadelphia has a new tool to tell the story of collaboration and connectivity in the region’s hub for cell and gene therapy. Titled Greater Philadelphia: Discovery Starts Here,” the 90-second video animation shares a snapshot of several of the region’s world-class research institutions and a number of the cell and gene therapy companies that have licensed technologies or spun out from them. The video animation was created by the Chamber of Commerce for Greater Philadelphia’s CEO Council for Growth with its partners in the Cell & Gene Therapy Initiative.

“Our region is […]

The Chamber’s FY23 Pennsylvania Budget Summary Includes Grants to Support Select Greater Philadelphia’s Business Attraction Efforts

This session in Harrisburg, the Chamber of Commerce for Greater Philadelphia (the Chamber) successfully advocated for a cut in the Corporate Net Income Tax rate, additional funding for schools, economic development funding for business attraction, and an increase in the R&D tax credit, among other issues. Notably, Select Greater Philadelphia will receive grants to market the region for business attraction. Learn more and view the full summary below.

The Chamber of Commerce for Greater Philadelphia FY23 Pennsylvania Budget Summary 

Overall Budget 

The Pennsylvania General Assembly approved a General Appropriations Bill (Senate Bill 1100) that spends almost $43 billion in state funding and just […]

Greater Philadelphia Region Seeks ARPA-H Home Letter to HHS Secretary Points Out Region’s Significant Assets

PHILADELPHIA (June 29, 2022) – The Chamber of Commerce for Greater Philadelphia today announced the region’s intention to seek to be the new home for a recently announced $1 billion federal agency, the Advanced Research Projects Agency for Health (ARPA-H), which is expected to be located outside of Washington D.C. In a letter sent to the U.S. Health & Human Services Department Secretary Xavier Becerra and signed by business, civic, and elected officials, signers tout the region’s expertise in cell & gene therapy and gene editing, its rank as one of the top eight life sciences […]

Penn Announces Strategic Partnership with Longfellow Real Estate to Develop State-of-the-Art Life Sciences Facility in Philadelphia

Pennovation Works is a vibrant and growing community in the Greater Philadelphia region with innovative companies doing impactful research and product development.

The Chamber of Commerce for Greater Philadelphia is excited to celebrate with the University of Pennsylvania its announcement of a strategic partnership with Longfellow Real Estate to develop a 455,000-sq.-ft., state-of-the-art life sciences facility inside the Pennovation Works ecosystem.

Read more about this exciting expansion in the press release and full article, which can be found here: https://penntoday.upenn.edu/news/365-million-development-will-expand-life-sciences-hub-pennovation-works.


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