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.
The Chamber of Commerce for Greater Philadelphia Recognizes the Philadelphia Region as Leader in Cell and Gene Therapy
The report highlights Penn’s significant contributions to the growth of the CGT sector in Greater Philadelphia, including spinning out over 40 CGT companies since 2018.
Philadelphia Ranks 4th Among National Life Sciences Markets in New Colliers Report
In the recently released Colliers 2024 Life Sciences Report, Philadelphia ranked #4 nationwide, with Boston, the San Francisco Bay Area and San Diego ranking first, second and third, respectively.
PCI and Philadelphia Are Highlighted as Innovation Hubsat SXSW
The conference allowed PCI team members to meet a global network of investors and tech innovators.
Press Preview Event Showcases Philadelphia’s Upcoming Programming
Amplify Philly, along with PCI and other partners, hosted the first ever Innovation Press Preview Event & Gathering on February 16, 2024 at the Philadelphia Science Center.
Highlights from the 2023 Philadelphia Venture Report
According to the report, the Philadelphia area had a stronger performance than many other, larger venture funding hot spots, particularly at the pre-seed and seed stages.