Greater Philadelphia’s life sciences industry is booming thanks to an abundance of resources, infrastructure, and a talented workforce that increasingly consists of women who are driving the region’s growth, according to an analysis released recently by the Chamber.

The Chamber’s analysis, using data from Bureau of Labor Statistics extracted by Lightcast, a global labor market data and analytics company, showed life sciences companies in the region employ about 4,000 more women than men in key occupations such as biochemists, biophysicists, and other scientists and technicians. Over the past decade, industry job growth among women has been 12% […]

A better path to Pennsylvania is being built for companies looking to relocate and expand.

Just days into his administration, Governor Josh Shapiro quickly signed two transformative executive orders, demonstrating that Pennsylvania will do what is needed to drive economic growth and ensure the state is a friendly place to do business.

The first order established the Pennsylvania Office of Transformation and Opportunity and the Economic Development Strategy Group under the direction of Ben Kirshner, founder and former Chairman and CEO of Tinuiti. The second aims to

Companies in Greater Philadelphia’s fast-growing life sciences industry are immersed every day in the very building blocks of human life. But to prosper, these same companies also depend on three building blocks of successful businesses: talent, real estate, and investment.

And after a blockbuster year, each of these key areas is poised to help companies deliver even more growth in 2023; this is no small thing. The efforts of the Chamber of Commerce for Greater Philadelphia to attract high-flying companies and those with the potential to soar are transforming the region’s economy and workforce and resulting in […]

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 […]

Leaders from four companies founded in Greater Philadelphia are sharing how the region’s talent pool and startup ecosystem create an ideal environment for business in a new, three-minute video created by Select Greater Philadelphia. Designed as a resource for entrepreneurs and site selectors who may be considering locating or expanding in the region, Greater Philadelphia: Achieve Your Vision Here features the perspectives of executives from Comcast NBCUniversal, PDC Machines, Spark Therapeutics, and Stimulus Inc. Among the attributes they say set the region apart are innovation, collaboration, funding, quality of […]

For cell and gene therapy companies searching for a desirable destination to locate or expand, Greater Philadelphia has another reason to say, “Select us.” 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 other region ranked higher overall […]

Life sciences, technology, and manufacturing are three of the leading industries in Greater Philadelphia and recently announced major development projects continue to accelerate growth in these sectors. Plans announced by PIDC for the Lower Schuylkill Biotech Campus, University of Pennsylvania and Longfellow Real Estate Partners for Pennovation Works, and Hilco Redevelopment Partners for The Bellwether District are a part of these efforts. 

“These three major developments will create vast opportunities for prospective businesses and talent in Greater Philadelphia,” said Claire Marrazzo Greenwood, Executive Director, […]