Philadelphia Business Journal
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U.S. DoD Contracts with Doylestown BioTech Firm for $34M Investment in War Against Viral Pathogens
Evrys Bio, a nine-year-old biotechnology firm in Doylestown, landed a $34 million contract from the U.S. Department of Defense. The government agency seeks a drug…
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Bensalem Hockey Reporter Makes a Breakaway for Edmonton to Take His Shot at Web Content
Bensalem’s Frank Seravalli spent six seasons covering the Flyers for The Philadelphia Daily News. In 2015, he glided over to The Sports Network (TSN). He’s…
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Acquisitions Make Exton’s Now-Public Bentley Systems Present at Every Step of Infrastructure Development
Bentley Systems, the infrastructure software giant based in Exton, is using acquisition as a strategy to ensure cross-industry integration. Kennedy Rose covered the tactic for…
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PREIT Secures Loans With Properties From Its CRE Portfolio, Including Court of Oxford Valley
The Pennsylvania Real Estate Investment Trust (PREIT), property owner for numerous East Coast-based malls and shopping complexes, recently secured $172 million in loans. One of its collateralized…
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Trevose M&A Advisory Firm Joins Forces With Pittsburgh Consulting Company For Market Expansion
Stony Hill Advisors of Trevose is looking for new market exposure in Pittsburgh. For solid boots-on-the-ground insight, it has partnered with a CEO who is very familiar with…
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Distillery Drama: Bankruptcy Filing Yields Betrayals, Tantrums, Threats, and Sketchy Fund Transfers
A recent Bucks County bankruptcy has taken on all the intrigue of a prime-time soap opera. Quakertown’s Midnight Madness Distilling LLC, producer of the popular Faber liquor line,…
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Washington Crossing Business Leader Brings Her U.S. Army Intelligence Skills to Global Executive Search Firm
Aileen Alexander, former U.S. Army Captain from Washington Crossing, has joined Diversified Search Group, a Philadelphia-based executive placement firm. She fills a newly created position as…
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Medical Device Company in Wayne Raises $9 Million to Expand ‘Commercial Efforts’
Wayne-based Cagent Vascular has received a $9 million investment from Sectoral Asset Management to accelerate the commercialization of its lead product, writes John George for…
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Cole Hamels Puts His All-Star of a Home in Newtown Square Up for Sale
Ever wanted to live in the home of a World Series MVP? Now’s your chance. . . Former Phillies ace Cole Hamels and his family…
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Newtown Pharma Manufacturer Faces Food and Drug Administration Fraud Charges
The U.S. Attorney’s Office filed charges against KVK-Tech, Inc., a generic drug manufacturer in Newtown, reports John George for the Philadelphia Business Journal. The federal government alleges that the…
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Credit Union Union: Warminster’s Viriva Merges with American Heritage
The joining of Viriva Community Credit Union with American Heritage Credit Union nests the nearly century old Warminster institution solidly within a larger counterpart, reports Jeff Blumenthal of the Philadelphia Business Journal. Viriva brings to the…
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Doylestown Health Opens New Outpatient Care Center in Wrightstown
Doylestown Health increased its Bucks County footprint this week. The health system opened an outpatient care center in Wrightstown, reports John George for the Philadelphia Business…
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Experts Agree That This Local Vineyard Produces the State’s Best Red Wine and White Wine
Penns Woods Winery in Chadds Ford took two of three awards in the 2021 Pennsylvania Sommelier Judgment, writes Leanna Tilitei for the Philadelphia Business Journal.…
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Than $4B in Development in Last Decade Solidifies King of Prussia as Center of Philadelphia’s Western Suburbs
King of Prussia has seen an astonishing development boom in the last decade, which has solidified its place as the center of Philadelphia’s western suburbs,…
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Regional Study Shows That New Hope Lived Up to Its Name During the Pandemic
A new study by the Delaware Valley Regional Planning Commission (DVRPC) found that Philadelphia-area downtowns with a diverse mix of uses — such as New Hope — fared better during the pandemic,…
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Three Bucks County School Districts Are among Decade’s Top 50 in Pennsylvania
Three Bucks County school districts are among the top 50 highest-scoring school districts of the decade in Pennsylvania, writes Ethan Lott for the Philadelphia Business Journal. …
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Trevose-Headquartered Strongbridge Biopharma Acquired by Xeris for $267 Million
Strongbridge Biopharma of Trevose has been acquired by Chicago’s Xeris Pharmaceutical for $267 million, reports John George in the Philadelphia Business Journal. Xeris will own 60 percent or so of the…
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Video Veterinarians: Merger with Bucks County Practice Unleashes Telemedicine for Pets
BetterVet, a Boston-based veterinary care service, has merged with Bucks Mercer Mobile Vet to gain a toehold among the region’s pet owners, reports Kennedy Rose for the Philadelphia Business Journal. The online business was…
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