Yearly Archives:
2018

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  1. Particle Sciences boosts manufacturing services with Pennsylvania site

    The 5,000-square-foot Bethlehem-based expansion responds to client demand, says Particle Sciences president Robert Lee: “The market for services is growing, yet the supply of CMOs interested in taking on these complex drug products is not.” Via In-PharmaTechnologist.com: https://bit.ly/2NLCbsv

  2. East Penn Manufacturing Foresees Bright Future

    As worldwide demand for batteries grows, East Penn Manufacturing Co. and EnerSys, two of the world’s largest battery makers and both headquartered in Berks County, are expanding research and development. The two companies are exploring lithium-ion and lead-acid batteries for a variety of applications including telecommunications, electric vehicles and back-up power to electric grids. East Continue Reading…

  3. Micro Interventional Devices Successfully Treats First-in-Human Patient with Percutaneous MIA

    Successful patient’s tricuspid heart valve repair using new procedure and tools Micro Interventional Devices, Inc.™ (MID) announced today the world’s first percutaneous implantation of its MIA, Minimally Invasive Annuloplasty, technology for tricuspid and mitral repair. This marks the first patient enrolled in the transcatheter arm of the STTAR (Study of Transcatheter Tricuspid Annular Repair) trial being Continue Reading…

  4. Ben Franklin Celebrates Manufacturing Day

    In recognition of National Manufacturing Day, BFTP/NEP is celebrating the importance of manufacturing and its role in helping to keep a healthy and vibrant manufacturing economy in the region. “We’re really creating that next generation of manufacturers,” said BFTP President and CEO Chad Paul. Ben Franklin’s investment in and support of its manufacturing clients resulted Continue Reading…

  5. South Bethlehem Start-up Incentive Program Earns International Award

    The International Economic Development Council awarded Bethlehem Economic Development Corp. and the city of Bethlehem a Gold Excellence in Economic Development Award for its SouthSide Bethlehem Keystone Innovation Zone. Ben Franklin Technology Partners NEP is a partner in that initiative. Via @LehighValleyBusiness: https://bit.ly/2Oxz9wH

  6. Stourbridge Project Wins PEDA Award

    The PA Economic Development Association (PEDA) chose Wayne County’s Stourbridge Project as one of just three initiatives across the Commonwealth to receive a 2018 Economic Development Award. Stourbridge, a member of the Ben Franklin Business Incubator Network, was selected as the 2018 Economic Development Project of the Year. More: https://bit.ly/2NqutE2

  7. Ben Franklin Northeast Impact: 31,935 Manufacturing Jobs 1994-2017

    National Manufacturing Day Oct. 5 Ben Franklin Invests in Established Manufacturers and Early-Stage Tech-Based Manufacturers This Oct. 5, the Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) is joining the Pennsylvania Department of Community and Economic Development (DCED) in celebrating National Manufacturing Day, promoting the importance of manufacturing in Pennsylvania and the jobs associated with Continue Reading…

  8. RADIUS® Partners with Exclusive Distributor in Vietnam

    RADIUS has entered into the Vietnamese market with a newly selected exclusive distributor – Natulife Co. Ltd. The Vietnamese market continues to grow and show interest in the organic and natural products industry, in products such as RADIUS’ USDA Organic Children’s Coconut Banana Toothpaste. Via Digital Journal: https://bit.ly/2NYlL5b

  1. Startup Focused on Home Healthcare Receives Ben Franklin Investment

    For entrepreneurs, execution is key, which is where Ben Franklin Technology Partners comes in — providing funding and mentorship for new startups. Interview of Carenade management team via WFMZ-TV69: https://bit.ly/2v7Vs0d

  2. Saladax Launches Game-Changing Assays for Psychotherapeutics in Europe

    Ben Franklin TechVentures-based Saladax Biomedical Inc., a diagnostics company providing kits to test drug blood levels for adherence and personalized dose management, will launch of a new line of tests for psychiatry in Europe (CE mark) with tests for: clozapine, quetiapine, aripiprazole, risperidone, olanzapine, and paliperidone. These are the most commonly used antipsychotic medications. The Continue Reading…

  3. Small is Different from Big

    If you’ve ever wanted to read a story that compares the study of business with the study of physics, this is the story for you. And it’s about the difference between small and big. In this column, originally published in the Spring 2018 Network magazine, Ben Franklin Manager of Entrepreneurial Services Wayne Barz, discusses fundamental Continue Reading…

  4. Ben Franklin to Invest $535,000 in Regional Companies

    The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $535,000 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…

  5. PA Glassworks Has New Way to Make More Creative, Less Costly Glass

    Pennsylvania Glassworks Co., Reading, will launch this fall in Reading with support from BFTP. Founder James “JJ” Riviello, a glassmaker for more than 25 years, designed and built many of the innovative machines for the glassmaking process, using a proprietary new and more efficient method to cast glass into molds using computer technology. Via Lehigh Continue Reading…

  6. Saladax Submits its Rapid Blood Test for Determining Medication Adherence to FDA

    Saladax Biomedical Inc. submitted a De Novo classification request to the U.S. Food and Drug Administration for the MyCare Psychiatry™ Total Risperidone Assay Kit. The tests will let medical personnel identify levels of antipsychotic drugs in a patient’s body in one hour, enabling them to better assess patient adherence, which is a critical unmet need. Continue Reading…

  7. Play Impossible Lands Retail Deal with Apple, Partners with NFL Players, Raises Cash

      Play Impossible, creator of the Gameball sensor-infused smart inflatable ball that links to a smartphone app and lets people play different physical games, has announced an additional $1.25 million in new funding from existing investors Two Sigma Ventures, Hardware Club, and Ben Franklin Technology Partners. It also has a new strategic investor: OneTeam Collective, the Continue Reading…

  8. 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…