Philadelphia Business Journal
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Warminster-Based Arbutus Biopharma Lays Off Over Half of Workforce, Exits Its Headquarters
Warminster-based Arbutus Biopharma laid off over half of its workforce and is exiting its headquarters to conserve cash while continuing its pursuit of a hepatitis…
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Giant Expands Philadelphia Region Footprint with New Parkesburg Store
Giant is continuing to expand in the Philadelphia region with a new, 60,000-square-foot grocery shop at the Shoppes of Sadsbury in Parkesburg, writes Ryan Mulligan…
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With Final Approval Secured, Doylestown Health and Penn Medicine Merger Moves Forward
The University of Pennsylvania Health System has received final approval to move forward with its merger with Doylestown Health, writes Ryan Mulligan for the Philadelphia…
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One Chester County Town Among Best Places to Live in America, Two Make Top 250
One Chester County town is ranked among the top three places to live in the United States, with two others in the top 250, writes…
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Deal Officially Closes to Sell Brandywine Hospital
Three years after shutting down Brandywine Hospital in Coatesville, Tower Health has finally sold the property to a real estate firm from Delaware, writes John…
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Check Out the New Additions to Citizens Bank Park’s Menu
When you go to a Philadelphia Phillies game this upcoming season, you’ll likely notice a number of new menu items being offered at Citizens Bank…
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Ardmore’s Tired Hands Rebrands Original Brewpub with New Name & Cocktails
Big changes are brewing in Ardmore’s Tired Hands, writes Emma Dooling for the Philadelphia Business Journal. The brewing company has reimagined its original BrewCafé, now…
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West Chester-Based QVC Group Names Media Veteran Alex Wellen as First Chief Growth Officer
West Chester-based QVC Group has named media veteran Alex Wellen as its first-ever chief growth officer, effective immediately, writes Emma Dooling for the Philadelphia Business…
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Paratek Pharmaceuticals Acquires Yardley-Based Optinose in $330M Deal
Paratek Pharmaceuticals of Boston has entered into a definitive agreement to buy Yardley-based Optinose in a deal worth up to $330 million, writes John George…
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Drexel Law School Now Ranks in Top 100 for Bar Exam Pass Rate
Drexel University’s Kline School of Law jumped 30 spots to rank No. 79 in bar passage percentage among all ABA-accredited law schools nationwide, writes Jeff…
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Union League of Philadelphia Seeing Unprecedented Growth, Eyeing Further Potential Acquisitions
The Union League of Philadelphia is experiencing unprecedented growth, marking its most significant expansion in the last decade and more of its 160-year history, writes…
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Malvern’s Endo Enters Into Agreement to Merge with Mallinckrodt in $6 Billion Deal
Malvern-based Endo has agreed to merge with Mallinckrodt in a cash and stock deal, valuing the combined pharmaceutical company at $6.7 billion, writes John George…
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Prime Retail Property Near King of Prussia Mall Hits Market with Top Tenants Secured
A brand-new retail hotspot is coming to the bustling King of Prussia area, and it’s up for grabs, writes Paul Schwedelson for the Philadelphia Business…
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Skittles Flavor and Topping Arrive at Rita’s Italian Ice Just in Time for Summer
Trevose-based Rita’s Italian Ice & Frozen Custard has introduced a new Skittles flavor and topping just in time for the 2025 summer season, writes Emma…
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After Historic 2024, Center City’s Housing Boom Expected to Drop Drastically This Year
Center City saw a record amount of housing production in 2024, but that pace is expected to drop considerably this year, writes Paul Schwedelson for…
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Brothers Kershner Brewing Continues Its Chester County Expansion with New Taproom
Skippack-based Brothers Kershner Brewing is continuing its expansion in Chester County with a new taproom in Avondale, writes Emma Dooling for the Philadelphia Business Journal. …
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Joann Closing Two Bucks County Locations, Leases Headed for Auction
Joann, the Ohio-based fabric and craft retailer, is closing all of its stores in the Philadelphia region, including two in Bucks County, writes Mary Vanac…
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Joel Embiid’s Old City Penthouse Hits Market Again With Another Major Price Cut
A 3,500-square-foot bi-level penthouse in Old City, owned by Philadelphia 76ers star Joel Embiid, is back on the market with an almost 30 percent price…
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