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Saladax Signs Licensing Agreement with Janssen for Antipsychotic Drug Testing Patents
Saladax Biomedical, Inc. signed a license agreement with Janssen Pharmaceutica, NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, providing Saladax with worldwide exclusive patent rights for diagnostic tests that determine drug levels in patients undergoing treatment with antipsychotic medications. A major issue in treating patients with mental health disorders is that psychiatrists Continue Reading…
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Wolf Administration Hosts Business RoundTable/Demo at TechVentures
On June 26, Pennsylvania Department of Community and Economic Development (DCED) Secretary Dennis Davin demonstrated Governor Wolf’s new PA Business One-Stop Shop, a tool designed to help entrepreneurs in all stages of starting and running a business, at Ben Franklin TechVentures. Secretary Davin also hosted a roundtable discussion that included Ben Franklin client companies, to Continue Reading…
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LifeAire Earns European CE Certification for Its Patented Air Purification
LifeAire Systems earned CE Mark certification for its proprietary line of in-duct air purification technologies, facilitating the introduction of the transformational technology into the European healthcare market. LifeAire Systems’ technology provides continuous filtration and inactivation of 99.99% of biological and chemical contaminants in the air. More: https://bit.ly/2K3miRa
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BFTP in LVEDC’s Lehigh Valley Startup
The June edition of the Lehigh Valley Economic Development Corporation’s e-newsletter includes stories on Ben Franklin’s investments, clients, and events – https://bit.ly/2Mc32hP.
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Play Impossible Gameball in Wall Street Journal List
Play Impossible’s Gameball was included in the Weekend Wall Street Journal’s 50 new twists on old summer traditions – Gears and Gadgets listing, published on May 20.
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Viddler Targets Healthcare and Training Industries
Viddler Inc. of Bethlehem, a creator of online video software for business training, has quietly and successfully built an impressive list of big-name clients. The Bethlehem company’s clients include Amazon and The Walt Disney Co. Via Lehigh Valley Business: https://bit.ly/2s28r1F
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Bioscience Announces Expansion
Bioscience, Inc., Allentown, has expanded to 20,000 sf of offices, laboratories, and manufacturing space in Lehigh Valley Industrial Park III. The company, one of the Ben Franklin Business Incubator’s first clients, is an ISO-certified provider of innovative waste and wastewater treatment biotechnology solutions in industrial, commercial, and agricultural settings. More: https://bit.ly/2KqUCkW
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Ben Franklin to Invest $695,000 in Regional Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $695,000 NEW support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Ben Franklin staff Continue Reading…
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TRuCapSol Expands into Bridgeworks
TruCapSol, LLC, is a microencapsulation company that produces environmentally friendly capsules, utilizing patented processes that decrease waste and improve the effectiveness of customers’ formulations. The company began in Ben Franklin TechVentures and is scaling up production in AEDC’s Bridgeworks Enterprise Center, a member of the Ben Franklin Business Incubator Network. R&D will remain in TechVentures. Continue Reading…
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BFTP Manager Presents at PEDA Conference
BFTP Manager of Entrepreneurial Services Wayne Barz presented “Equity Financing — Investing in Companies With Negative Cash Flow,” at the Pennsylvania Economic Development Association Spring Conference. The presentation described Ben Franklin’s support of early-stage firms and how that investment is leveraged to attract follow-on funding from other investors. More: https://bit.ly/2Kadvsz
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LVEDC Posts Lehigh Valley Startup
The May edition of LVEDC’s e-newsletter includes stories on BFTP client LifeAire Systems, BFTP’s latest funding round, teamwork as key to economic development, and iXchange – https://bit.ly/2JUm1vl
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OraSure Appoints New CEO
When Stephen Tang earned his doctorate in chemical engineering from Lehigh University in 1988, the school hired him to manage a research center and work with Ben Franklin Technology Partners to support biotech startups. Now, he has been appointed to lead OraSure Technologies, one of BFTP’s earliest investments and a shining client success story. Via Continue Reading…
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Ben Franklin to Invest $203,855 in Regional Companies
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $203,855 in support of regional economic development. BFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Ben Franklin staff Continue Reading…
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Jacob’s Raw — Cabbage Cache
Between founder Scott Grzybek’s family-tested recipes and a growing demand for raw fermented foods, Jacob’s Raw is now in 200 stores and selling about 100,000 jars of kraut annually. The brand has grown to include salad dressings and health tonics. Via Reading Eagle: https://bit.ly/2qH6U1f
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LifeAire Earns Top Honors as 2018 INTERPHEX Exhibitor
LifeAire Systems was named an INTERPHEX Exhibitor Award winner at the International Pharmaceutical Expo in New York City. The awards program was established to recognize companies that showcase creative technologies and new strategies that have significantly improved pharma and biopharma development and manufacturing. More: https://bit.ly/2HzfZ63
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Teamwork is Key to Region’s Success
BFTP Regional Manager Ken Okrepkie is an economic development specialist who is a true hybrid, with a demonstrated focus on investment, business processes, and community service. Feature via NE PA Business Journal: https://bit.ly/2qrEVli
