Stories From Our Region – October 2021

WuXi Closes Middletown Land Acquisition

The Middletown farmland, acquired in a $30 million deal, is set to become a major employer for New Castle County and Delaware as a whole by bringing hundreds of good-paying, diverse jobs to the area, advancing their goal of growing their biotech industry.

Iovance Biotherapeutics Officially Opens $125M Cell Therapy Center at the Philadelphia Navy Yard

The company’s state-of-the-art cell therapy center is the first scalable manufacturing facility dedicated to producing potentially life-saving TIL cell therapies.

Siemens Healthineers Plans $32M Glasgow Expansion

The expansion project aims to

Stories From Our Region – September 2021

Rite Aid Corp. Moving Headquarters to Philadelphia Navy Yard

Focused on flexibility for associates, the official headquarters space, which employees will begin moving into the first half of 2022, will be designed specifically for in-person collaboration and company gatherings.

International Gene Therapy Developer Opens U.S. offices in Montgomery County

Exegenesis Bio of China’s business offices in Lower Gwynedd will give the company the flexibility to scale its office and laboratory space in the near term. It also plans to add 25 new clinical, regulatory, and administrative roles to the Philadelphia region within the next year.

Cambridge […]

CEO of Comcast-IBC joint venture Quil discusses beta testing its next product and ‘hiring like crazy’

The digital health joint venture formed by Comcast Corp. and Independence Blue Cross is set to launch its second product early next year.

Article from Philadelphia Business Journal 

Castle Creek Biosciences Expands its Innovative Gene Therapy Platform for Rare Genetic Connective Tissue Disorders through Research Collaboration with Mayo Clinic

Castle Creek Biosciences, Inc. announces research collaboration with Mayo Clinic.

Article from PR Newswire

Philadelphia’s startup ecosystem climbs 15 spots into the top 30 worldwide, report says

Philadelphia’s startup scene is ranked amongst the best-performing in the world according to Startup Genome.

Article from Philadelphia Business Journal 

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