Philadelphia Business Journal
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Yardley-Based Med-Tech Firm Astarte Medical Ceases Operations
A Yardley-based med-tech firm, Astarte Medical, that focuses on software solutions to improve conditions for premature infants, is ceasing operations, writes John George for the…
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Jefferson Health Chief of Cardiothoracic Surgery is Leaving for Smaller Local Health System
Rohinton Morris, M.D., chief of cardiothoracic surgery at Jefferson Health is heading to Tower Health to serve as the chief there, writes John George for…
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Comcast Expansion is Coming to Philadelphia, Says CEO Brian Roberts
Comcast CEO Brian Roberts has plans to further expand its presence throughout Philadelphia, writes Ryan Mulligan for the Philadelphia Business Journal. Already the largest public…
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Forbes Gives a Philadelphia Luxury Hotel, Restaurant and Spa 5-Star Ratings
A Philadelphia luxury hotel and a fine dining restaurant have received a five-star rating from Forbes Travel Guide for the second year in a row,…
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Residence Inn Hotel Near Sesame Place in Langhorne Sold for $22.1M
A 100-room Marriott hotel in Langhorne near Sesame Place is officially off the market, writes Emma Dooling for the Philadelphia Business Journal. Maryland-based Baywood…
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Chase Bank Plans to Open 40 New Branches, Create Hundreds of New Jobs in Philadelphia
To reach its goal of reaching 100 local branches by 2027, Chase Bank is planning to almost double its retail employee headcount and open more…
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Warrington-based Windtree Therapeutics Explores Strategic Options to Boost Shareholder Value
Warrington-based Windtree Therapeutics is currently exploring strategic alternatives to enhance shareholder value, including the possibility of acquisitions or being acquired, writes John George for the…
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After Shelving Plans to Buy Brandywine Hospital, Penn Health Looks for Another Property in Chester County
After it decided not to buy the shuttered Brandywine Hospital campus in Coatesville, the University of Pennsylvania Health System is looking for another property in…
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Center City Office Building Goes Up For Sale, Could Be Converted Into Residential Building
The 15-story, 133,353-square-foot office building at 1760 Market Street has gone up for sale by owner and retired tax attorney, Victor F. Keen, writes Paul…
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European Lager House Extends Operations to Chester County with New Location
BierHaul Farmhouse, a European lager house in Delaware County, is expanding its operations into Chester County with a new location that will feature an indoor…
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Doylestown-based Instinct Science Doubles in Size by Acquiring Company It Spun Out Of
Doylestown-based Instinct Science came full circle after it recently acquired Oklahoma-based VetMedux, the company it spun out of six years ago, for an undisclosed sum,…
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Downingtown Native’s Middle-School Hobby Turns Into West Chester Business 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 country, writes Lisa Dukart for…
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Center City Office Building Goes Up For Sale, Could Be Converted Into Residential Building
The 15-story, 133,353-square-foot office building at 1760 Market Street has gone up for sale by owner and retired tax attorney, Victor F. Keen, writes Paul…
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Shapiro Hopes His New 10-year Economic Development Plan Sets a New Course for Pennsylvania’s Future
Pennsylvania governor Josh Shapiro recently outlined a series of key investments he would like to see the state undertake as part of a new 10-year…
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Biotechnology Center in Doylestown Seeks State Funding to Continue Support for Life Science Start-Ups
A Bucks County biotechnology center pilot program is seeking to bring life sciences companies to the Keystone State, writes John George for the Philadelphia Business…
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Penn Receives Nearly $84 Million Gift — Largest Donation In the School’s History
The University of Pennsylvania’s School of Arts and Sciences recently received its largest gift in the institution’s history, writes Ryan Mulligan for Philadelphia Business Journal. …
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XPO Inc. Acquires Bensalem Truck Terminal from Yellow Corp. in $36.2 Million Deal
A Bensalem truck terminal is switching ownership from Yellow Corp. to XPO Inc. following a multi-million-dollar purchase, writes Paul Schwedelson for the Philadelphia Business Journal.…
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Parx Casino Among Top Earners in Pennsylvania’s Thriving Casino Market of 2023
Gambling revenue in casinos across the Keystone State jumped 9 percent in 2023 and Bensalem’s Parx Casino was the third highest producer in the state,…
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