Malvern
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Vanguard Sets Its Sights on Spain, Plans Its First Hire in European Country
Malvern-based Vanguard Group, the second-biggest asset manager in the world, is aiming to grow its business in Spain with its first hire in the European country, write Macarena Muñoz and Loukia Gyftopoulou for Bloomberg. The investment behemoth, which already oversees $12 billion of assets for its clients in Spain, is currently hiring a sales executive…
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Malvern-Based Annovis Bio to Focus Future Development of Its Experimental Drug on Early Alzheimer’s Patients
Malvern-based Annovis Bio plans to focus on patients who have the early form of Alzheimer’s disease in the future development of its experimental treatment for the neurodegenerative disorder, writes John George for the Philadelphia Business Journal. The move is based on the analysis of the mixed results from the biopharmaceutical company’s most recent study. Annovis…
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Malvern Entrepreneur Offers Unique Event Experience for Toddlers with Little Party Playground
Malvern mom and entrepreneur Corianne Izzo organizes craft fests for toddlers with Little Party Playground throughout the Main Line, writes Emma Minor for Main Line Today. Izzo got the idea for the business around the time she had her first child, Brooks, and she started attending different events with other parents. “I was going to…
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Malvern’s Tague Davis, Son of Phillies Broadcaster Ben Davis, One of Area’s Top Baseball Prospects
Malvern Prep senior Tague Davis, the son of Phillies broadcaster Ben Davis, who spent seven seasons as a catcher in the big leagues, is one of the area’s top baseball prospects, writes Joseph Santoliquito for The Philadelphia Inquirer. The first baseman has already committed to the University of Louisville. He is hitting .375 with a…
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Malvern Prep Graduate Is Oldest Living Spelling Bee Champion
William Cashore, a Malvern Prep graduate, is the oldest living spelling bee champion, and still remembers the winning word seven decades later, writes Jordan Greene for People. The 84-year-old was just 14 when he became the 27th Scripps National Spelling Bee Champion on May 30, 1954. He was a Malvern Prep student at the time. …
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Cross Built for Pope John Paul II’s Visit to Philadelphia to Find New Home in Malvern
Originally built for Pope John Paul II’s visit to Philadelphia in 1979, a massive cross has sat overlooking Benjamin Franklin Parkway at Logan Square for the past few decades. It will be relocated to the Malvern Retreat House, write Joe Brandt, Raymond Strickland, and Marcella Baietto for CBS News Philadelphia. Over one million people attended a mass…
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Blackstone Life Sciences Commits Up To $300 Million to Malvern-Based Uniquity Bio
Malvern-based Uniquity Bio is emerging from stealth mode after getting up to $300 million from Massachusetts-based private equity firm Blackstone Life Sciences, writes John George for the Philadelphia Business Journal. The biopharmaceutical company that is developing treatments for inflammation and immunology disorders already has its new drug candidate heading into phase 2 clinical testing in…
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After ‘Challenging but Rewarding Journey’, CEO of Malvern’s Venatorx Pharmaceuticals Steps Down
Christopher Burns, a co-founder of Malvern-based Venatorx Pharmaceuticals, is stepping down from his position as the company’s CEO, writes John George for the Philadelphia Business Journal. Burns called his time leading the pharmaceutical company a “challenging but rewarding journey” in a LinkedIn post announcing his decision. He founded Venatorx fourteen years ago with Dr. Dan…
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Malvern Lumber Company Breaks World Record for Most People ‘Knocking on Wood’
Malvern-based Tague Lumber has broken the world record for most people knocking on wood, according to Building Products Digest. In a feat on April 25, Tague Lumber broke the world record for number of people knocking on wood at the same time, bringing the number up to 552 participants from 295. The Guinness World Records…
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Vanguard Renews Efforts to Get Customers to Embrace Online Banking
Malvern-based investment behemoth Vanguard Group is planning to raise brokerage fees in a renewed attempt to get its holdout customers to embrace online banking, writes Joseph N. DiStefano for The Philadelphia Inquirer. These new fees reflect “changes to our digital interaction expectations” for the company’s 50 million customers. The fees will become effective July 1.…
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In addition to Delicious Steaks, Joey Chops in Malvern Has Much More to Offer
Joey Chops in Malvern is a boutique steakhouse that goes beyond steaks with offerings such as lobster dumplings and salmon Wellington, writes Jason Sheehan for Philadelphia Magazine. Brought to life by the Stove & Tap crew a year ago, the eatery elevates the steakhouse game but still does everything it can to please those who…
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Malvern-Based Vanguard Acquires North Carolina Office Complex for $117 Million
Malvern-based Vanguard Group is planning to consolidate its Charlotte, North Carolina, operations at the new office campus it recently acquired there for $117 million, writes Elise Franco for the Philadelphia Business Journal. The 700,000-square-foot University City office complex will house more than 2,400 employees. It is located in University Research Park, the second-largest employment center…
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Known as a Pillar of Chester County Law, Carla Marino Joins Wisler Pearlstine’s Malvern Office
Wisler Pearlstine, LLP welcomes Carla Marino, a respected Chester County attorney, to its Malvern office as a partner in the firm’s Family Law practice. Marino concentrates her practice in all aspects of family law, including, but not limited to, pre-nuptial and post-nuptial planning and agreements, divorce, equitable distribution/sharing of assets, child custody, support for a spouse and/or children, property/marital settlements,…
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With Help from Malvern Nonprofit, Brain Aneurysm Survivor ‘Fights Back’
Chris McIver was working one of his three jobs to support his wife and son when he suddenly collapsed from a brain aneurysm. While his long road to recovery involved medicines, therapy, and more, it still wasn’t enough. This is when Malvern nonprofit Fighting Back Scholarship Program stepped in, writes Matteo Iadonisi for 6ABC. Started…
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Instead of a Party, Malvern Student Gives Back to Community for Her Birthday
15-year old Jordyn Jones-Shakur, a Malvern resident and student at Great Valley High School, has given back to her community for her past two birthdays, a move that inspired her family and made them proud, writes Bill Rettew for The Daily Local News. Instead of presents or a party, Jones-Shakur asked family and friends to…
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Malvern Hospitality Company Acquires Sheraton Great Valley Hotel in Frazer for $14.5 Million
ANZ Hospitality, a Malvern hospitality company, has acquired the Sheraton Great Valley Hotel in Frazer for $11.9 million in mid-November, writes Emma Dooling for the Philadelphia Business Journal. According to Chirag Patel, founder and CEO of the hospitality group, the total cost of the acquisition was a little over $14.5 million for the hotel, the…
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Philly Native, NBA Star Mikal Bridges Said He Has Eaten Chipotle Everyday for 10 Years
Mikal Bridges, who is from Philadelphia and grew up in Malvern, is an NBA star playing for the Brooklyn Nets. In a recent video by GQ Sports, he named 10 items he couldn’t live without, including Chipotle, writes Mike Chiari for Bleacher Report. Bridges revealed that he eats Chipotle daily and the addiction began in…
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Here’s How a Horse Nonprofit in Malvern Helps People Struggling with Addiction
Gateway HorseWorks in Malvern helps people struggling with addiction by letting them get close to horses and groom and care for them, writes Scott Simon for NPR. The program helps individuals who are trying to recover feel strength and understanding, and begins a kind of kinship between them and horses. The experience for people struggling…
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