Pharma & Biotech
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Lumberville Pharmaceutical Company Lands Multimillion-Dollar Grant
Lumberville-based Advent Therapeutics has landed a $3 million grant from the National Institute of Health to advance its treatment for preventing a rare lung disease affecting premature infants, writes John George for the Philadelphia Business Journal. The breathing disorder known as bronchopulmonary dysplasia is the most common serious complication among premature infants. Advent describes its…
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After Filing for Bankruptcy, Trevose Drug Manufacturer Eliminates $600M in Debt
A drug manufacturer in Bucks County has completed its financial reorganization plan, which saw millions eliminated from its debt. John George wrote about the company for the Philadelphia Business Journal. Lannett Company Inc., located at 1150 Northbrook Drive in Trevose, recently utilized a restructuring plan to eliminate $600 million from their overall debt. Last month,…
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New Hope Health Company Appoints New Executive Vice President and Chief Financial Officer
A biotechnology company in Bucks County has made some changes to their business, hiring two new higher-up members to their team. Orchestra BioMed, headquartered at 296 Union Square Drive in New Hope, has announced the appointment of Bill Little as EVP of Corporate Development and Strategy and Andrew Taylor as CFO. Taylor succeeds former CFO…
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Bucks County Biotechnology Organization Helps Local Students Finish Chemistry Program
A biotechnology organization in Bucks County has once again helped a group of high school students complete a major education program. The Pennsylvania Biotechnology Center of Bucks County, located at 3805 Old Easton Road in Doylestown, recently assisted students from Central Bucks School District finish a chemistry program, a partnership the organization has participated in…
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Trevose-Based Drug Manufacturer Files for Bankruptcy, Restructuring Debt
A drug manufacturer from Bucks County has filed for bankruptcy in the face of financial struggles and a high amount of debt. John George wrote about the company for the Philadelphia Business Journal. Trevose-based Lannett has entered into a restructuring support agreement that will involve a Chapter 11 U.S. Bankruptcy Court filing. The transaction –…
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Governor Shapiro Visits Bucks County to Discuss Investments in Biotech Industry
Pennsylvania Governor Josh Shapiro recently made his way to Bucks County to discuss the biotech industry with local experts. Justin Backover wrote about the discussion for WFMZ 69 News. Last week, the Governor held a round table discussion at the Pennsylvania Biotechnology Center of Bucks County, located in Doylestown. He was joined by Secretary Rick…
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Warminster Biopharmaceutical Company Takes Pharma Giants To Task in Lawsuit
A biopharmaceutical company in the Bucks County area is taking legal action against two major groups over their widely-lauded vaccines. John George wrote about the lawsuits in the Philadelphia Business Journal. Arbutus Biopharma, headquartered at 701 Veterans Way in Warminster, has filed a lawsuit against both Pfizer and BioNTech. The suit, filed at U.S. District…
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New Hope-Based Healthcare Company Adds New Members to its Senior Leadership Team
A major Bucks County company recently announced a series of promotions and hirings that will improve their senior leadership team. Orchestra BioMed Holdings, Inc. a biomedical company based in Yardley, announced the addition of several highly accomplished industry veterans to its senior leadership team. Avi Fischer joins as Senior Vice President, Medical Affairs and Innovation…
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Yardley-Based Engineering Consultant Awarded $900M Contract to Assist National Organization
A Bucks County company just signed a massive deal that will see them become a major asset for an important government entity. Global Systems Technologies, Inc., located at 109 Floral Vale Boulevard in Yardley, was recently awarded a $900 million contract to support the Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense.…
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Doylestown-Based Software Company Opens New Office in Pennsylvania Biotechnology Center
A Bucks County company has begun its new operations in one of the area’s foremost centers for scientific and medical studies. Doylestown-based assisTek has opened a new space in the Pennsylvania Biotechnology Center of Bucks County to support its growing team. This expansion will allow the leader in innovative eClinical technology and eSource solutions for…
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CEO of Yardley Pharmaceutical Company Retires After 13 Years, Company’s President to Take Over
As the longtime CEO of a major Bucks County company announces his retirement, his replacement has already been chosen and announced. John George wrote about the change in leadership in the Philadelphia Business Journal. Optinose, a pharmaceutical company located at 1020 Stony Hill Road in Yardley, recently announced that their CEO Peter Miller has stepped…
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New Hope-Based Healthcare Company Completes SPAC Merger, Starts Trending on Nasdaq
A Bucks County healthcare company has recently found itself in a new partnership, as well as having their name added to the stock market. John George wrote about the company for the Philadelphia Business Journal. Orchestra BioMed, located at 296 Union Square Drive in New Hope, has completed its merger with the special purpose acquisition company,…
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New Hope Pharmaceutical Company to Be Acquired by Major Biotechnology Company
A Bucks County pharmaceutical company is projected to be acquired by a large biotech firm in the near future. Jess Aloe wrote about the deal for the Philadelphia Business Journal. Leap Therapeutics, a Massachusetts-based biotechnology firm, has announced that it will acquire New Hope-based Flame Biosciences in an all-stock deal. The deal will transfer the…
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Doylestown Research Foundation Receives $32 Million Contract to Development Treatment for Yellow Fever
A Bucks County research foundation has recently been granted a large sum of funds in order to research a potential cure for a fatal illness. The Baruch S. Blumberg Institute, based in Doylestown, has been awarded a one-year contract by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of…
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Doylestown Medical Nonprofit Names Physician, Advocate as Recipient of 2023 Community Commitment Award
A major medical nonprofit in Bucks County has just named an influential physician as their recipient for their yearly advocacy award. Staff writers for NewsWires wrote about the recent award. Dr. Su Wang, the medical director of Viral Hepatitis Programs and the Center for Asian Health at Cooperman Barnabas Medical Center, has been awarded the 2023…
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Doylestown Research Institute Working to Uphold Scientific Studies in the Bucks County Area
A research facility in Bucks County is currently at the forefront of ensuring scientific studies remain an important goal in the area. Damon C. Williams wrote about the center for the Bucks County Courier Times. The Pennsylvania Biotechnology Center, located at 3805 Old Easton Road in Doylestown, has recently benefit from state funds that have…
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Langhorne Medical Company Debuts a Groundbreaking Safety Product for Athletes
A Bucks County company that specializes in skincare products has just released a new product bound to be a staple for athletes everywhere. John George wrote about the new product for the Philadelphia Business Journal. Nexgel, a medical device company located at 2150 Cabot Boulevard West, Suite B in Langhorne, has just released their latest…
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Doylestown Research Foundation Receives $2M State Grant to Support Five Early-Stage Life Sciences
A Bucks County research facility was just given a large amount of funds in the form of a grant, a huge benefit to their important research. John George wrote about the large grant for the Philadelphia Business Journal. The Baruch S. Blumberg Institute in Doylestown has landed a $2 million Pennsylvania grant to support five…
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