University City
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Drexel University Researchers Develop Self-Heating Concrete to Improve Safety in Icy Conditions
Drexel University researchers have developed self-heating concrete that melts snow on its own, enhancing safety during icy conditions, writes Aubrey Whelan for The Philadelphia Inquirer. The three-year project aims to keep streets and sidewalks safe during the winter, while steering clear of the environmental and cost concerns of traditional road salt. However, using salt on…
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University City-Based Verismo Therapeutics Acquired by HLB Group of South Korea
University of Pennsylvania spinout Verismo Therapeutics is being acquired by South Korea-based HLB Group, which already owns an almost 50 percent stake in the firm, writes John George for the Philadelphia Business Journal. “We started out as a very small company,” said Verismo Therapeutics CEO Bryan Kim, who co-founded the company with two other Penn…
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Is a Penn Professor’s Translation Hitting the Big Screen?
Let’s talk about Homer’s The Odyssey. No! Wait! Don’t leave! Wait – Christopher Nolan! Christopher Nolan! Yes! Christopher Nolan is planning a celluloid adaptation of Odysseus’ grueling adventure. Once the announcement was made, X poster Librarian Mama had a suggestion. “Emily Wilson’s translation is the best one in literally ages,” she said, adding it “has…
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BioNTech Agrees to Pay $467M to Penn as Part of COVID-19 Vaccine Royalties Settlement
University of Pennsylvania will receive $467 million from BioNTech as part of a settlement in a lawsuit over COVID-19 vaccine royalties, writes John George for the Philadelphia Business Journal. In an August lawsuit filed in the U.S. District Court in Philadelphia, Penn claimed it was owed additional royalties from BioNTech for using its patented technology…
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This Philadelphia University Produces Some of the Highest-Paid Graduates in the U.S.
Payscale has put together a list of the top colleges and universities that yield the highest salaries for graduates, and a Philadelphia university made it to the top 10, writes Morgan Smith for CNBC. University of Pennsylvania was placed ninth on the list. To put together the report, Payscale looked at the education and employment…
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Wall Street Journal: Lawsuit Sheds Light on Top Schools’ Unequal Admissions Practices
A recent lawsuit accusing top universities of colluding to set financial-aid packages sheds light on how these institutions evaluate privileged children differently from other applicants, writes Douglas Belkin for The Wall Street Journal. Filed in January 2022, the lawsuit alleged that over a dozen elite universities participated in price fixing. Of these, only five schools,…
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University City Student Housing Complex, Carriage House, Sells for $22.5M
The Carriage House, a 165-unit student housing complex in University City, has sold for $22.5 million, about $10 million less than it did four years ago, writes Ryan Mulligan for the Philadelphia Business Journal. The five-story apartment complex was purchased by an entity affiliated with Baltimore-based JSB Capital Group. It was sold by London-headquartered Global…
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Estate of Late Former Philadelphia Public Defender William J. Levy Gifts $42M to University of Pennsylvania
The estate of Philadelphia public defender-turned-investment-executive William J. Levy gifted $42 million to the University of Pennsylvania, writes Ryan Mulligan for the Philadelphia Business Journal. The gift is on top of the $8 million the late Levy donated to Penn during his lifetime. The estate gift will go toward the William J. Levy Endowed Scholarship…
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University City Still Among the Hottest Submarkets Nationwide for Tech Office Space
University City is still one of the nation’s hottest submarkets for tech office space, writes Ryan Mulligan for the Philadelphia Business Journal. Office space rents in the growing business corridor increased at the third fastest rate in the country year over year in the second quarter of 2024, according to a new CBRE report. University…
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Philadelphia Urban Renewal During the 1970s Left Lasting Impact on the City for This Key Reason
The Urban Renewal that occurred in 1970s Philadelphia for the University City expansion led to the displacement of many Black families from their homes, a transformation that altered the city forever, reports the Secret History. Even then, some posed the question of whether what was happening was Urban Renewal or Black removal? Around 50,000 people,…
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University of Pennsylvania Wants to Help Make College More Affordable
The University of Pennsylvania is one of several U.S. colleges that are making moves to help make college more affordable, writes Michaela Althouse for PhillyVoice. Starting next fall, Penn is expanding its financial aid program as two changes will be made in how the university will determine students’ financial aid packages. First, the university will…
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Penn Alums, ChompShop Founders, Present New Product on ‘Shark Tank’ After Last-Minute Name Change
University of Pennsylvania alums and ChompShop founders Kausi Raman and Max Liechty presented their new product to Shark Tank investors in the latest episode of the popular business reality show, after being forced to come up with a new name for their company at the last minute, writes Ryan Mulligan for the Philadelphia Business Journal.…
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University of Pennsylvania Student Named 2025 Rhodes Scholar
Om Gandhi, a fourth-year student at the University of Pennsylvania, has been awarded a 2025 Rhodes Scholarship, writes Louisa Shepard for Penn Today. He is one of about 100 Rhodes Scholars who will be selected across more than 70 countries this year. As a Rhodes Scholar, Gandhi will be pursuing graduate studies at the University…
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Penn Women’s Basketball Coach Embraces New-Look Roster Ahead of 2024-25 Season
University of Pennsylvania women’s basketball team lost some standouts recently, but the team is looking forward to grow with this new-look roster, writes Kerith Gabriel for The Philadelphia Inquirer. In the last two seasons, Penn lost guard Kayla Padilla after she transferred to USC, and then lost guard Jordan Obi, who scored over 1,000 points…
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Wall Street Journal: The State’s Highest-Ranked College is Located in Philadelphia
The latest Wall Street Journal/College Pulse 2025 ranking is officially out now, ranking the top colleges in the nation, writes The Wall Street Journal. Of the highest-ranking colleges in the state of Pennsylvania, the number one institution is located in Philadelphia. That institution is the University of Pennsylvania, which ranked as the No. 13 college…
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Snapback Sports Founder, Social Media Star Pays Visit to Franklin Field
Last week, Jack Settleman, a social media star and the founder of Snapback Sports, was at the matchup between Penn football and Yale at Franklin Field, writes Brian Barth for The Daily Pennsylvanian. Snapback Sports is a platform that brings sports news and discussion to fans all around the globe. On Friday, Settleman covered the…
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Fine Wine & Good Spirits to Open New Store in University City
Fine Wine & Good Spirits recently signed a lease to open a new store in University City, writes Michael Tanenbaum for PhillyVoice. The store will open on the ground floor of a soon-to-be-completed, 7,000-square-foot, 14-story lab and office tower structure that is part of the wider Schuylkill Yards development around Drexel University campus and 30th…
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Wharton Professor Zeke Hernandez Pens Book Highlighting ‘The Truth About Immigration’
Zeke Hernandez, a professor at the Wharton School of the University of Pennsylvania is originally from Uruguay, but has been an immigrant in Costa Rica, Guatemala, and Argentina, before arriving to the United States. In the two years prior to arriving to the U.S., he spent two years doing service work in the slums of…
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