Philadelphia Business Journal
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King of Prussia Biotech Manufacturer Enters Partnership With London-based Cell Therapy Powerhouse
The Center for Breakthrough Medicines (CBM) has announced a multi-year deal with Achilles Therapeutics in the UK, reports John George…
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Wawa Looking to Double by 2030 in Aggressive Growth Campaign
Wawa will expand in the next decade, launching its “most aggressive growth” in its history, doubling its store count, writes…
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Montco ZIP Code Takes Top Spot Among 15 Places in Region Where Homes Are Selling Most Over Asking Price
As prices of homes in the region continue to skyrocket due to low inventory and high demand, some ZIP Codes…
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Large Warehouse in West Conshy Up for Sale Amidst Hot Industrial Market
The Oldies.com building in West Conshohocken that is used by its current owners to store and distribute vinyl records, compact…
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Here’s How Much Vanguard Funds Stand to Gain if Elon Musk’s Bid to Buy Twitter Is Accepted
If Elon Musk’s unsolicited offer of $43 billion to buy Twitter is accepted, funds controlled by Malvern-based Vanguard could gain…
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American Airlines Adds Bus to Fleet, From Atlantic City, Lehigh to PHL
Starting June 3, you’ll be able to take an American Airlines shuttle bus to and from Philadelphia International Airport and…
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Here’s How Much Montco’s GlaxoSmithKline Is Paying to Acquire a Biotech Company in California
GlaxoSmithKline, with significant operations in Upper Providence, has agreed to acquire California-based Sierra Oncology for $1.9 billion, writes John George…
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Righteous! Downingtown Native’s Middle-School Hobby Turns Into “Locally Sourced Food” with $12 Million in Annual Revenue
A Downingtown native’s middle-school hobby has turned into a West Chester-based business that aims to distribute healthy snacks across the…
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Conshy-Based AmerisourceBergen Establishes a $150 Million Fund to Assist ‘Bold Ideas’ in Health Care
Conshohocken-based AmerisourceBergen Establishes a $150M fund to partner with emerging health companies looking to transform health care, writes John George…
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Seven Tower Bridge in Conshohocken Has New Tenant, a Leader of Electronic Inventions
Lighting company Lutron Electronics Co. Inc will be moving into Seven Tower Bridge in Conshohocken, leasing space, reports Natalie Kostelni…
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Sale of 150-Acre Property Gave This Montco University Breathing Room After Pandemic-Driven Enrollment Dip
When Gwynedd Mercy University acquired a 150-acre property from Merck in 2018 for $12 million, it saw it as a…
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U.S. News: Villanova Law School Ranks 56th, Down From 53rd Last Year
Villanova University’s Widger School of Law stopped ascending in law school rankings for the first time in recent years, writes …
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Fort Washington-based Toll Brothers Plans to Build Mixed Use Townhouse Development at Site of Costco’s First HQ
Fort Washington-based Toll Brothers has paid $40 million for an 11-acre property in Kirkland, Washington, where it is planning to…
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Former Times Herald Building in Norristown Sold & Razed to Make Room for New $50M Apartment Project
The 35,621-square-foot building at 410 Markley Street is no more, as Bennett Properties have purchased the building and had it…
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Fort Washington Developer Pays $3.3M for Wilmington Site, Plans to Build Apartment Complex on Property
CSW Luxor VI Wilmington LP, an entity affiliated with Fort Washington-based Westrum Development, has acquired a 3.49-acre site in Wilmington…
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Providence Town Center in Collegeville Sells for $162M, New Owners Plan to Revamp to Attract More Tenants, Shoppers
A venture between Maryland’s Finmarc Management and KPR Centers of New York has bought Providence Town Center in Collegeville for…
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New Hope Hotelier Bucks Trend of Pandemic-Related Travel Hesitancy
Two factors should have made 3Q2021 and 1Q2022 difficult for Steve Dugan, general manager of New Hope’s Golden Plough Inn:…
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Plymouth Meeting-based Geneos Therapeutics, Inovio Spin Off, Raises $17M in Private Stock Sale
Inovio Pharmaceuticals spinoff Geneos Therapeutics, a Plymouth Meeting clinical stage biotherapeutics company, has raised $17 million in a private stock…
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