University City
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BriaCell Therapeutics Raises $8.5M After Positive Results for Experimental Cancer Therapy
BriaCell Therapeutics recently closed an $8.5 million stock sale after its positive results from mid-stage testing of its experimental metastatic breast cancer therapy, writes John George for the Philadelphia Business Journal. The company announced it sold 12,325,000 common shares at 69 cents per share. It was on September 11 that BriaCell announced the positive overall…
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West African Restaurant Kilimandjaro Reopens in University City After 4-Year Hiatus
Four years after it had to close its doors for a new development, West African restaurant Kilimandjaro is back in University City, writes Michael Klein for The Philadelphia Inquirer. The ribbon-cutting for the popular eatery was both a celebration of a community hub and a tribute to owner Youma Ba. The dining room was packed…
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Wistar Institute Receives Another $10 Million Donation For Its New Center for Advanced Therapeutics
The Wistar Institute was recently gifted with a $10 million gift from an anonymous donor and the money will be used for the new Center for Advanced Therapeutics, writes Sarah Gantz for The Philadelphia Inquirer. The new research facility will be a hub for early-stage drug research, including how vaccines may be used to treat…
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Beloved Penn Campus Pizzeria, Allegro Pizza and Grill, Reduces Late-Night Hours
Allegro Pizza and Grill, which was been a staple and one of the most popular spots on the University of Pennsylvania’s food scene, has decided to eliminate its late-night hours, writes Emily Scolnick for The Daily Pennsylvanian. The pizzeria will now close at midnight seven days a week after previously staying open until 3 AM…
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The Philly Chef Conference is Coming Back to Philadelphia for 10th Year in October
The Philly Chef Conference will be coming back to Drexel University for its 10th year in October, writes Jason Sheehan for Philadelphia Magazine. Since it was launched a decade ago, the conference has served as a way for students at Drexel’s Food and Hospitality Management program to convene with professionals within all levels of the…
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University of Pennsylvania is One of the Top Schools in Producing Future Founders, Entrepreneurs
The University of Pennsylvania ranks among the top schools in the world for producing founders, writes Ryan Mulligan for PHL Inno. The ranking is from new data by Pitchbook, which ranks the top schools globally by the number of founders they have produced and how much funding they go on to raise. The list is…
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University of Pennsylvania Gets $10 Million Funding, Launches New Center for Media, Technology and Democracy
The University of Pennsylvania was recently gifted $10 million in funding, which will be used to launch a new center focused on media, technology, and democracy, writes Ryan Mulligan for the Philadelphia Business Journal. The new Penn Center on Media, Technology and Democracy will be a collaborative across six schools at Penn. It will be…
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Wall Street Journal: Drexel University Gains Attention for Career-Oriented Academic Model
Drexel University in Philadelphia is one of a number of universities across the country gaining popularity as more college applicants weigh the value of a four-year bachelor’s degree, writes Sanvi Bangalore for The Wall Street Journal. Beyond the debate surrounding soaring tuition costs and student debt, families and businesses are also wondering whether U.S. universities…
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Penn Vet’s Working Dog Center Featured in New Pet-Centered Netflix Documentary
A new Netflix documentary titled, “Inside the Mind of the Dog” that explores the psychology and personality of pets features a Penn Vet program, writes Kristin Hunt for PhillyVoice. Staff at the Penn Vet Working Dog Center are among several experts that talk about what makes dog tick throughout the documentary. The Working Dog Center…
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Drexel University Purchases Adjacent 7-Eleven Site for $4M, Redevelopment May Follow
Drexel University recently acquired a 7-Eleven location that has operated for more than decades adjacent to the school’s campus, writes Paul Schwedelson for the Philadelphia Business Journal. The university paid $4 million for the site. The 7-Eleven store is 2,720-square-feet, wihle the lot size totals to 8,430 square feet. While Drexel has said that the…
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Philly Designer’s Garments Helps Raise Community Consciousness
Kimberly McGlonn, a Philadelphia designer launched her clothing line, Grant Blvd, seven years ago, and her garments are notable for raising the community’s consciousness, writes Natasha Brown for CBS News Philadelphia. Her clothing is bold, beautiful, good for the environment, and those who wear them. “We are designing things for the home and for people’s…
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University of Pennsylvania Receives $10 Million Gift to Boost Climate and Sustainability Initiatives
The University of Pennsylvania recently received a $10 million donation that will help the university advance its climate and sustainability initiatives, writes Ryan Mulligan for the Philadelphia Business Journal. Penn received the gift from 1995 graduate Alp Ercil, founder and chief investment officer of hedge fund, Asia Research and Capital Management. With the newfound funding,…
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University of Pennsylvania Suing German Drugmaker BioNTech Over COVID-19 Vaccine Payments
The University of Pennsylvania submitted a federal civil lawsuit against BioNTech, alleging that the German drugmaker did not pay Penn its full share of royalties from COVID-19 vaccine worldwide sales, writes Abraham Gutman for The Philadelphia Inquirer. The vaccine was made by BioNTech and Pfizer using mRNA technology developed by Penn researchers Katalin Karikó and…
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Former CHOP CEO, Spark Therapeutics Co-founder To Lead New Biotech Startup After Receiving $54M in Funding
Dr. Steven M. Altschuler, who served 15 years as CEO of The Children’s Hospital of Philadelphia and is the co-founder of Spark Therapeutics, is leading a new startup as its CEO, writes Hannah Green for the Philadelphia Business Journal. Along with a group of veteran biotech leaders and scientists, Altschuler will lead Corner Therapeutics with…
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Penn Alumna, Poker Guru Annie Duke Helps Leaders in Corporate America Learn How to Lead Even Better
After retiring from the world of professional poker, University of Pennsylvania alumna Annie Duke is now helping leaders in the corporate sphere learn how to lead even better, writes Bruce Horovitz for the Investor’s Business Daily. Duke is the only woman to win the NBC National Heads-Up Poker Championship and the World Series of Poker…
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Brandywine Realty Trust On Verge of Securing Lab Tenant at Cira Centre, Growing Life Sciences Space
Brandywine Realty Trust is building momentum on finalizing a life sciences tenant to take up a full floor of lab space at Cira Centre in University City, writes Paul Schwedelson for the Philadelphia Business Journal. While it is not yet known for the prospective tenant is, CEO Jerry Sweeney said it would take up the…
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University City-based Madis Coffee Roasters to Expand With Two Center City Locations
Madis Coffee Roasters, the University City coffee shop is set to expand by bringing two new locations to Center City, writes Emma Dooling for the Philadelphia Business Journal. The two new coffee shops are planned to open in Rittenhouse Square and Old City, respectively, in early September. The Rittenhouse shop will be located in the…
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Wharton School Grad Who Founded Harken Sweets is Redefining Indulgence With Her Plant-based Candy Bars
Katie Lefkowitz, a Wharton School graduate and founder and CEO of Harken Sweets, founded her “superfood-infused” candy bar company in 2022 after a cancer scare, writes Amanda Breen for Entrepreneur. The self-proclaimed “Snickers fanatic” started considering food as medicine and experimenting with her concept in the kitchen. “I wanted to recreate those classic candy bars,…
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