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November 29, 2023
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Tag: The Philadelphia Business Journal

office building 1400 atwater drive malvernReal Estate

Vanguard Purchases 25-Acre Property in Malvern  

August 30, 2023

Investment company Vanguard is expanding its presence at the mammoth office building at 1400 Atwater Drive in Malvern. The 300,000 square foot building overlooks…

Home For Sale Real Estate Sign in Front of Beautiful New House.Real Estate

Chester County Sees Increase in Home Prices Amid Market Drought

July 25, 2023

Home prices in the Philadelphia region are skyrocketing due to a low inventory of houses on the market. Chester County has seen an 8 percent…

Berwyn

Berwyn-Based Annovis Bio Creates New Drug Form to Treat Alzheimer's, Parkinson’s

July 24, 2023

A Berwyn-based biopharmaceutical company is filing for a patent for its new drug candidate that could potentially treat neurodegenerative diseases. Annovis Bio filed for…

Investments

Devon-Based CBD Developer Plans Reverse Stock Split

May 19, 2023

A Devon pharmaceutical company is working on cannabinoid therapies to treat genetic conditions. In the meantime, Zynerba Pharmaceuticals is planning a reverse stock split by…

water worldReal Estate

Phoenixville's Former Water World Site Up for Sale

April 15, 2023

The property formerly known as Water World in Phoenixville is on the market for $2.85 million. The park closed in 2012, and a Wayne…

Real Estate

Former Helicopter Plant in Coatesville Sells to Delco-based Company  

April 7, 2023

A tale of two aircraft companies dates to the thirties and forties when two prominent innovators revolutionized the helicopter. Igor Sikorsky developed the first successful…

Rich RomanoInvestments

Berwyn FinTech Company Expects More Growth in 2023 

January 12, 2023

Berwyn’s Fiduciary Exchange partners (FIDx) is planning on going big in 2023. Last year, the fintech company doubled their assets, writes Jeff Blumenthal for…

Galera CEO Dr. Mel Sorensen.Pharma & Biotech

Malvern-Based Biopharmaceutical Company Seeks FDA Approval for Cancer Therapy Drug

December 15, 2022

Malvern-based biopharmaceutical company Galera Therapeutics is filing for FDA approval of a new drug. The treatment, avasopasem, helps radiotherapy-induced severe oral mucositis, or…

brewery exteriorFood and Drink

Tired Hands Brewing Expands Footprint, Hops Over to Kennett Square

December 12, 2022

Ardmore-based Tired Hands Brewing is expanding its local presence, as its newest taproom opened last week in Kennett Square, writes Emma Dooling in the…

non-opioid pain relief productPharma & Biotech

After Net Loss of Nearly $50 Million, Malvern-Based Pharma Company Completes Public Stock Offering

December 12, 2022

Malvern-based pharmaceutical company Baudax Bio has completed $5 million in stock sales, writes John George for the Philadelphia Business Journal. The proceeds made from…

Businessman shaking hands after conversation, Finishing up a collaboration discussing of partner cooperation in investment marketing project and successful contract agreement to become teamwork.Investments

California-Based Firm Acquires Exton’s Warren Financial Services

December 10, 2022

A California firm is putting a stake in Chester County. EP Wealth Advisors acquired Exton’s investment advisory firm Warren Financial Services & Associates, closing…

Baba's Brew kombuchaFood and Drink

Phoenixville Kombucha Company’s New Vinegar Product is a Trip  

December 6, 2022

A Phoenixville kombucha company is introducing vinegar to the family. Baba’s Brew is named after founder Olga Sorzano’s great-grandmother who brewed her…

Blok co-foundersEntrepreneurship

Wayne CEO, Wife Get Set to Sell Orders for Smart Cutting Board Venture

November 27, 2022

Tony Frick, CEO of Wayne-based Husk, and his wife, Alissa, have started manufacturing and are ready to fulfill their first orders for Blok, their…

David Rawlinson II of Qurate RetailRetail

After Soft Quarterly Results, West Chester's QVC’s Parent Company Works on Plan to Re-establish Revenue Growth 

November 13, 2022

Qurate Retail, the owner of West Chester-based QVC, reported a $2.74 billion, or 13 percent, third-quarter revenue loss, in part due to…

Malvern

Malvern Medical Device Company Raises $1.8 Million for 'Toe-tally' New Product

November 1, 2022

Malvern-based Toetal Solutions has raised $1.8 million for its core product. The money, raised through equity financing, will be used to finalize the…

Real Estate

All Aboard! Amtrak Signs $6 Million Lease in Thorndale  

October 25, 2022

Amtrak is signing a $6 million lease to occupy 67,000 square feet of space at a Thorndale property. It will serve as a hub…

Customers BankBanking & Finance

'We Feel We Lost Something': Customers Bank to Relocate Its Headquarters from Phoenixville to Malvern

April 26, 2022

Due to office damage from Hurricane Ida, Customers Bank will relocate its headquarters from Phoenixville to Malvern, hoping that a new workspace will entice remote…

women laying on backs in bathing suitsMalvern

Malvern-Based Endo Creates Unique Campaign to Market Its Cellulite Treatment

March 10, 2022

Endo International, which has its U.S. headquarters in Malvern, has decided on a unique tagline for its latest marketing program for cellulite treatment Qwo…

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