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Category: Industry Trends

Washington Post Article Highlights Bayh-Dole’s Role in U.S. Innovation  

The article discusses how nearly all significant modern medicines originated from taxpayer-funded university research.

Thermo Fisher Scientific Opens Philadelphia-Based Collaboration Center 

The newly expanded 53,000-square-foot biotech incubator, the Philadelphia ATxCC aims to provide emerging startups and biopharma organizations with resources and tech.

Eli Lilly Announces Opening of Lilly Gateway Labs Site in Philadelphia  

The facility, which will support six to eight biotech startups, is set to open next year.

Ben Dibling Shares Innovation Insights on Technical.ly’s “Builders Live: The university’s changing role as startup accelerators” 

The talk focuses on the impact of tech transfer on entrepreneurship and local economies.

Philadelphia’s Biotech Ecosystem Bolstered as WuXi AppTec Deal Eases Congressional Pressure 

WuXi AppTec sold its South Philly-based Advanced Therapies contract manufacturing unit to New York-based healthcare investment firm Altaris LLC.

University City: Laboratory of the World   

University City was recently highlighted in City Journal for its role as a rapidly growing global life sciences center.

Fast Company and Inc Rank Penn as Second on The Ignition Schools List   

The list ranks “top academic institutions that play an enormous role in shaping the businesses that influence society”.

Study Highlights Growth and Impact of Greater Philadelphia’s Booming Cell and Gene Therapy Industry

The Greater Philadelphia Chamber of Commerce published a comprehensive snapshot of the region’s cell and gene therapy sector.

$640M in Venture Capital Was Raised in Philly Last Quarter, Signaling that Local VC Investments Are Stabilizing

Philadelphia's venture capital market posted robust results last quarter, with nearly $643 million raised across 100 deals.

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