Category Archives:
Client & Alumni News


  1. Xverity Posts Video

    BFTP client/TechVentures resident Xverity posted a new video:

  2. Freshpet Posts Strong Second Quarter

    Specialty pet-food maker Freshpet Inc. earlier this year launched its “Feed the Growth” strategy. That plan got off to a good start when the company announced second-quarter results that satisfied Wall Street’s appetite. Freshpet, which makes its refrigerated, vitamin-packed dog and cat food in the Lehigh Valley, posted net sales in the second quarter of Continue Reading…

  3. OraSure Overachieves in Second Quarter

    OraSure Technologies, a Bethlehem diagnostic testing and specimen collection company, reported second-quarter earnings and sales that exceeded expectations. Because of its growth, the company is looking into an expansion of its workforce in Bethlehem and other locations. Via Morning Call:

  4. Pik Rite and Play Impossible Win Small Business Awards

    Pik Rite President Elvin Stoltzfus received both the National Environmental Stewardship and the Pennsylvania Small Business Person of the Year Award. Play Impossible CTO Kevin Langdon accepted the Innovation in New Product Development Award. Via The Daily Item:

  5. EthosGen a Finalist in NY Competition

    Wilkes-Barre-based EthosGen was named one of eight finalists for the $2.5 million 76West Clean Energy Competition, according to New York Gov. Andrew Cuomo. EthosGen, an alternative energy company, creates electric power by capturing waste heat from a variety of sources. Via Citizens Voice:

  6. OraSure Earns WHO Approval for HIV Self-Test

    OraSure Technologies Inc., Bethlehem, A manufacturer of medical diagnostic and collection devices, has received World Health Organization (WHO) pre-qualification for its OraQuick HIV Self-Test. The test allows a person to detect antibodies to both HIV-1 and HIV-2 with an oral swab, and can provide a result in 20 minutes. More via Lehigh Valley Business – Continue Reading…

  7. Noble Biomaterials Teams to Develop Range of Sustainable, Anti-Odor Fabrics

      Noble Biomaterials, Inc., a global leader in odor elimination and smart fabric technology solutions, has partnered with the Lenzing Group, a world leader in the manufacture of botanic cellulose fibers, to introduce a range of new high-performance textiles made with Noble’s silver-based anti-odor technology. The cooperation will offer activewear brands a more natural textile Continue Reading…

  8. Digestive Care Announces FDA Approval of Medication to Treat Pancreatic Insufficiency Due to Cystic Fibrosis

    Digestive Care, Inc. (DCI) and its marketing partner to support the U.S. cystic fibrosis community, Chiesi, today announced U.S. Food and Drug Administration (FDA) approval of PERTZYE® (pancrelipase) in a 24,000 USP lipase units capsule. The newly available dosing strength may allow for consumption of fewer capsules to reach the needed weight-based dose. More:

  1. Lampire: The Lifeblood of Life Sciences

    Lampire Biological Labs now has 130 PA employees and has recently acquired BF TechVentures resident H.B. Custom Media, which will accelerate the company’s development of reagents for stem cell therapy. Via Morning Call:

  2. Cambridge-Lee Introduces Coated Copper Coil

    Cambridge-Lee Industries LLC has unveiled CL Readi-Protector Coated Coils, a copper coil product with factory-coated plastic protection over a copper tube core. The product will be directed to industries in which corrosion resistance is a requirement, such as fuel oil lines, natural gas and propane equipment, and for companies in plumbing, HVAC, and burner service Continue Reading…

  3. Berks Business Incubator Gets $50K Grant

    The Jump Start Incubator in Reading, a member of the Ben Franklin Business Incubator Network, was recently awarded a $50,000 grant from the BB&T Economic Growth Fund of the Lehigh Valley Community Foundation to support the development of new small businesses in Berks County. Via Lehigh Valley Business:

  4. Small Business Spotlight: Signallamp Health, LLC

    Signallamp Health works with physicians and nurses to provide population health services to patients with multiple chronic conditions across six states, including Pennsylvania. Last year, Gov. Tom Wolf toured and announced that Signallamp would add 69 jobs at a new site in Scranton with assistance from BFTP/NEP and others. Via PA DCED:

  5. OraSure Receives $20M Gates Foundation Grant for HIV Testing in Developing Countries

    OraSure Technologies Inc. entered into an agreement with the Bill & Melinda Gates Foundation that will allow it to offer its OraQuick HIV Self-Test at an affordable price in 50 developing countries. The OraQuick HIV Self-Test is a rapid, point-of-care test that allows an individual to detect antibodies to both HIV-1 and HIV-2 with an Continue Reading…

  6. Lubrizol Invests Millions to Expand Particle Sciences

    The Lubrizol Corporation, which acquired Ben Franklin client Particle Sciences, will invest millions to add commercial drug product manufacturing at the company’s facility in Bethlehem. Leveraging the company’s knowledge in complex formulations and production, the new space is expected to be operational in the fourth quarter of 2017. More:

  7. Ski Software Start-up Gets a Funding Boost

    A start-up that streamlines the ski experience for resort guests is getting a lift in the form of fresh investments. Snowvation Inc. now has office space in Ben Franklin TechVentures and raised a total of $265,000 in this investment round, including $50,000 from Ben Franklin. Via Lehigh Valley Business:

  8. Pik Rite Receives National Small Business Environmental Award

    The National Small Business Environmental Assistance Programs recognized BFTP alumnus client Pik Rite, Inc. as the 2017 winner of its Small Business Environmental Stewardship Award. Pik Ritedesigns and manufactures innovative, quality-built vegetable harvesters, agricultural manure spreaders, commercial waste handling and specialized vacuum tanks, dump bodies and debris collectors. The company was recognized for its accomplishments Continue Reading…