News
Amicus, Penn expand gene therapy collaboration in a big way
The expanded collaboration and licensing deal will include Amicus providing $50 million in research funding, over five years, to Penn's gene therapy program.
Read MoreCollaborative Makerspace Network NextFab is Celebrating Ten Years of Business in Philadelphia
Collaborative Philadelphia-based workspace NextFab isn’t just made up of one location, but is actually a regional network of makerspaces and business incubators, where artisans, hardware entrepreneurs, and makers can feel free to come in and work on their latest projects
Read MoreBusiness for Good: iBreastExam
When computer engineer Mihir Shah was about to get married in 2007, the joyful occasion was overshadowed by a shock: His mother-in-law was diagnosed with breast cancer, had to undergo chemotherapy, and attended the wedding covering her head with a wig. The experience motivated 41-year-old Shah to research breast cancer treatments, and he was surprised to realize that the survival rates of women with breast cancer largely depend on one factor: where they live.
Read MoreIntegral Molecular Doubles Antibody Characterization Capacity Within Philadelphia's Science Center
Integral Molecular, the industry leader in membrane protein solutions, today announced the expansion of its two proprietary antibody characterization platforms, Shotgun Mutagenesis Epitope Mapping and the Membrane Proteome Array (MPA). Integral Molecular recently acquired office and laboratory space, which enabled the company to double its antibody characterization capabilities.
Read MoreWinners of the second annual Lyfebulb-Helsinn Innovation Summit & Awards in Oncology announced
Lyfebulb, a patient-empowerment platform that connects patients with industry to support user-driven innovation, and Helsinn, a Swiss pharmaceutical group focused on building quality cancer care, today announced that Mihir Shah of UE LifeSciences and Pierluigi Paracchi of Genenta Science were chosen as winners of the second Lyfebulb-Helsinn Innovation Summit and Awards in Oncology. Mihir received the Lyfebulb-Helsinn Innovation Award, and Pierluigi received The Squinto-LePera award, which was presented by Dr. Stephen Squinto and Denise LePera. The awards recognize outstanding innovations by Patient Entrepreneurs which advance solutions in the prevention, management or care of cancer, and have the potential to be commercialized.
Read MoreOncoceutics licenses rights for its anti-cancer compound to Ohara
US based Oncoceutics, Inc. has announced the outlicense of the rights to the company’s lead compound, ONC201, for Japan to Ohara Pharmaceutical Co., Ltd. In addition, Ohara will receive a right of first refusal on the license of ONC201 for additional areas, including most of Asia and West Africa, and a right of first refusal for the company’s next generation compound, ONC206, in these territories.
Read MoreSpark Therapeutics’ $4.8B deal confirmed as biggest-ever VC-backed exit in Philly
The eye-popping $4.8 billion sticker price on Spark Therapeutics’ acquisition deal with Roche announced on Monday is shaping up to be the largest exit ever within city limits for a venture-backed company, according to data from financial data provider PitchBook and the Philadelphia Alliance for Capital and Technologies (PACT).
Read MoreEtsy for gaming tools? Meet the Philly startup that wants to help you ace that video game
Once upon a time, video games were pretty basic. Consider Pac-Man, the chomping mouth that devoured small dots while moving through a maze. Now, games are so complex that players need Excel spreadsheets, calculators, and troop-deployment schedules to wage virtual wars, capture castles, and build strategic alliances with players in other states and countries. Having an engineering degree helps.
Read MoreRoche agrees to buy Philadelphia biotech Spark Therapeutics for $4.8 billion
Spark Therapeutics Inc., founded by two researchers from Children’s Hospital of Philadelphia, has agreed to be sold to Switzerland-based Roche Holding AG in a deal valued at $4.8 billion, the University City-based gene-therapy developer announced Monday morning.
Read MorebioMérieux Acquires Invisible Sentinel, a US-Based Company Specialized in Food and Beverage Molecular Testing
bioMérieux (Paris:BIM), a global player in in vitro diagnostics and world leader in food microbiology testing, today announced the acquisition of Invisible Sentinel Inc. This company, based in Philadelphia (PA) develops, manufactures and markets innovative and user-friendly molecular diagnostic tools for the rapid, accurate and reliable detection of pathogens and spoilage organisms in food and beverage.
Read More