West Conshohocken
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West Conshohocken’s Madrigal Pharmaceuticals Eyes $1B Expansion Deal
Madrigal Pharmaceuticals is making another major move in the rapidly growing liver disease treatment market, writes John George for The Philadelphia Business Journal. The West Conshohocken company has a potential $1 billion licensing agreement aimed at expanding its pipeline of therapies for MASH. Madrigal announced it will pay California-based Arrowhead Pharmaceuticals $25 million upfront for…
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Why Aroma on Ford Could Finally Stick in West Conshohocken
After years of turnover, a long-troubled restaurant space in West Conshohocken may have finally found its footing with Aroma on Ford, writes Caroline O’Halloran for SAVVY Main Line. The former home of Stella Blu has cycled through multiple concepts in recent years, from Imbibe Food & Drink to Catch 101. Now, local investors Gary and…
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Madrigal’s Rezdiffra Nears Blockbuster Status With $958M in First Full Year on Market
In its first full year on the market, West Conshohocken-based Madrigal Pharmaceuticals’ flagship drug Rezdiffra nearly got to blockbuster status, bringing in $958.4 million in 2025, writes John George for the Philadelphia Business Journal. The treatment for MASH, a progressive liver disease metabolic dysfunction-associated steatohepatitis, marked the company’s largest advancement since being founded in 2011.…
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Madrigal Pharmaceuticals Expands As Breakthrough Drug Fuels Growth
West Conshohocken’s Madrigal Pharmaceuticals is relocating its headquarters to accommodate rapid expansion, reports John George for The Philadelphia Business Journal. The creator of the first FDA-approved oral treatment for MASH has begun transitioning into three floors of Keystone’s 1K1 building on Conshohocken State Road. The new 54,000-square-foot space is an 86% increase from its Four…
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West Conshohocken’s SERB Pharmaceuticals Enters Deal to Buy Y-mAbs for $412M
SERB Pharmaceuticals, a Belgian drug developer with U.S. headquarters in West Conshohocken, has reached a $412 million deal to acquire Y-mAbs, writes John George for the Philadelphia Business Journal. Under the terms of the deal, SERB will pay stockholders of the Princeton biopharmaceutical company $8.60 per share in cash. This purchase price represents a premium…
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West Conshohocken’s Madrigal Pharmaceuticals Gets FDA Green Light
West Conshohocken’s Madrigal Pharmaceuticals earned a major win with the FDA approval of its first commercial product, reports John George for the Philadelphia Business Journal. Rezdiffra, a treatment for NASH or nonalcoholic steatohepatitis, is the first therapy cleared for the U.S for this condition, which affects millions of Americans. With the FDA’s green light, Madrigal…
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West Conshohocken’s Medicus Pharma Eyes $75M UK Acquisition
West Conshohocken-based Medicus Pharma is making major moves on the international biotech scene, writes John George for the Philadelphia Business Journal. The company signed a letter of intent to acquire British company Antev Ltd. in a cash and stock deal worth up to $75 million. Antev, headquartered in Weybridge, England, is developing Teverelix, a promising…
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West Conshohocken’s Keystone Development Secures Big Funding for Plymouth Meeting Mall Residencies
A longtime office building next to the Plymouth Meeting Mall is getting a fresh new life as luxury apartments, writes Michael Tanenbaum for The Philly Voice. Keystone Development is leading the transformation of the 60-year-old building at 500 W. Germantown Pike into Monarq, a 149-unit residential complex packed with amenities like a fitness center, indoor…
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Adapt Technologies Ready to Begin Production of Cutting Edge LED Lightbulbs
Adapt Technologies’ new manufacturing facility in West Conshohocken is ready to start producing its new range of cutting-edge LED lightbulbs, writes Jonathan Takiff for Philly.com. Founder and owner Joe Wolf learned how to make the new LED lightbulbs when importing them from China for his other company, US Global Glow. The Chinese “showed me how…
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Keystone Development and Investment Discusses Challenges of Office Conversions
With the high rate of office vacancies in cities across the country, elected officials and economic developers have been trying to encourage converting these spaces into much-needed housing, writes Ashley Fahey for The Business Journals. Federal incentives are available through programs from the Department of Transportation, the Department of Housing and Urban Development, and the…
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Developers Gauge Interest in 25-story Apartment Building in West Conshohocken
Developers recently presented a concept for a 25-story apartment building with retail and restaurants to the West Conshohocken’s Borough Council, writes Kevin Tierney for More Than The Curve. Michael Sloane and Chris Magarity, owners of WestSide Bar & Grill and Catch 101 in West Conshohocken and Jasper’s Backyard in Conshohocken, and Korman Properties, wanted to…
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Schuylkill River Sojourn Lets You Get to Know River And Make Friends in the Process
The Schuylkill River Sojourn is the perfect way to get to know the Schuylkill River by paddling down it and camping around it while making some new friends in the process, writes Meg McGuire for the Delaware Currents. You can stay anywhere from a single day to a full week. Schuylkill River Greenways recently held…
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Montgomery County Pharma Company Aims to Have First FDA-Approved Drug for This Silent Disease
Currently there is no U.S. Food and Drug Administration-approved medicine for nonalcoholic steatohepatitis, also referred to as NASH. NASH is a fatty liver disease that can lead to liver failure, writes John George for Philadelphia Business Journal. People with this condition have an inflamed liver that can lead to scar tissue on the liver. NASH…
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West Conshohocken Is Home to One of Best-paying Biopharma Companies in Country
One Montgomery County company found its place on the list of seven best-paying biopharma companies in the nation where workers can take home over $400,000, writes Zachary Tracer for Newsbreak. Coming up with new medical treatments can be a daunting task. However, most scientists and other biotech employees are paid handsomely for their hard work,…
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Serb Pharmaceuticals Plans to Hire Employees at West Conshohocken HQ
Serb Pharmaceuticals plans to bring jobs to Montgomery County. The Belgium-based company acquired the rights to a blood-clotting reversal drug after the previous developer, PhaseBio was sued. The company plans to onboard 100 employees this year, with a substantial number of them in its West Conshohocken office. Serb was created after three companies,…
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West Conshohocken Company Develops New Standards on Cannabis Quality, Material Control
The cannabis committee of West Conshohocken-based ASTM International is developing two new standards for the cannabis industry that will help guide quality and materials control. A staff report from Textile World contained the item. The first proposed standard — WK83754 — covers change control as a system of monitoring the quality of cannabis. The second…
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Atop Quality Ranking of Montco High Schools Come Data on the Districts behind Them
In conjunction with the recently published list of top Montgomery County high schools comes a similarly themed Niche.com assessment of the Montco school districts in which they operate. Niche has identified 11 of them to be among the top 50 school districts in Pa. for 2023. To determine 2023’s best school districts, Niche analyzed U.S.…
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VFTCB Unlocks Meetings Campaign to Market Overnight Hotel Room Stays
The Valley Forge Tourism & Convention Board (VFTCB) has announced a new marketing effort to raise awareness among event planners nationwide of the appeal of Montgomery County for conference and meeting travelers. The effort’s tagline — Room for Meetings, Room for More — encapsulates the destination’s suitability for conducting business and also enjoying numerous other…
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