Category Archives:
Client & Alumni News

  • FILTER

  1. Cernostics’ TissueCypher Accurately Risk Stratifies Barrett’s Esophagus Patients

    Cernostics, developer of AI-driven image analysis solutions for pathology assessment of tissue biopsies, announced two upcoming professional conferences at which the company will present positive clinical evidence supporting its  TissueCypher® Barrett’s Esophagus Assay as a means to improve risk prediction in patients with Barrett’s esophagus in both low-grade dysplasia and non-dysplastic disease. This represents the fourth Continue Reading…

  2. Saladax Validates Rapid Clozapine Point-of-Care Testing to Aid in Treating Schizophrenia

    Saladax Biomedical announced clinical validations of its clozapine point-of-care testing device, MyCareTM Insite, to aid psychiatrists in improving the treatment of patients with schizophrenia. The test uses a single drop of blood and takes six minutes, versus current laboratory-based tests, which require tubes of blood and can take days to get results. MyCare Insite is Continue Reading…

  3. OraSure Honored for Contribution to Life Sciences

    The Lehigh Valley Economic Development Corp. honored Bethlehem-based OraSure Technologies for its contributions to the life sciences industry and company growth. “Lehigh Valley is becoming a microcosm of an innovation hub,” OraSure CEO Stephen Tang said. OraSure and its predecessor, SolarCare Technologies, are Ben Franklin clients. Via LVEDC’s Lehigh Valley Insider; Lehigh Valley Business

  4. OraSure Receives FDA Marketing Approval for Ebola Detection Test

    The U.S. Food and Drug Administration has allowed marketing of  OraSure Technologies’ OraQuick Ebola Rapid Antigen, a rapid diagnostic test to detect Ebola virus antigens in human blood. This test is the first rapid diagnostic test that the FDA has allowed to be marketed in the U.S. for the Ebola Virus Disease, and provides another Continue Reading…

  5. Particle Sciences celebrates $10M expansion

    Particle Sciences, Bethlehem, and its parent company, Lubrizol Corp. celebrated the opening of its $10 million expansion adjacent to its development and clinical trial manufacturing site. With the expanded capacity, the firm will be manufacturing pharmaceutical products for commercial sale by its customers. Via Lehigh Valley Business.

  6. Straight Arrow Expanding – Need for More Manufacturing Space

    BFTP client Straight Arrow Inc., a manufacturer of hair and skin products for both horses and people, is expanding its production space in Forks Township with a $3M phase 2 project, which will bring an additional 25,000 sf to its existing 110,000 sf. Straight Arrow produces and ships all of its products worldwide from the Continue Reading…

  7. TRuCapSol Rethinks Microencapsulation

    The Lehigh Valley’s business incubation ecosystem forms a natural bond between Allentown’s Bridgeworks Enterprise Center and Ben Franklin TechVentures. With a goal of keeping their client in the Lehigh Valley, BFTP connected TruCapSol with Bridgeworks, which had the right size space that the new company could fit out with labs and a pilot plant. Via Continue Reading…

  8. Saladax Develops First Rapid Test to Aid Psychiatrists in Treating Schizophrenia

    Saladax’s MyCare™ Insite Clozapine Test provides results in 6 minutes using a drop of blood from a finger stick, enabling clinicians to develop informed, individualized care plans at the point of care. This is the first and only rapid point-of-care test available with CE mark to aid mental health professionals in the treatment and monitoring Continue Reading…

  1. Polytek Development Corp. Expands with Acquisition

    Polytek Development Corp. in Williams Township (Photo submitted) – Williams Township-based Polytek Development Corp., a manufacturer of specialty polymers for mold making, announced that it has acquired Stone Coat Countertops, an Oregon-based company. Via Lehigh Valley Business.  

  2. OraSure Announces Sale of Cryosurgical Systems Business

    BFTP alumnus client OraSure Technologies, Inc. (NASDAQ:OSUR), Bethlehem, a leader in point-of-care diagnostic tests and specimen collection devices, announced the sale of its cryosurgical systems business to CryoConcepts, LP, Bethlehem, for $12 million. “Our plan is to leverage the Histofreezer® brand to accelerate our introduction of a new generation of cryosurgical products to the professional Continue Reading…

  3. East Penn acquires majority share of Navitas Systems

    East Penn Manufacturing Co. acquired a majority interest in Navitas Systems LLC, a global leader in larger-format lithium battery technology and systems for heavy-duty commercial/industrial as well as government/defense market segments. The acquisition will accelerate the Lyons Station-based battery manufacturer’s expansion of its Motive Power battery offering, as well as its strategic integration into other market Continue Reading…

  4. Transformers tie-in could be transformative for Gilson Snow

    A Pennsylvania manufacturer and BFTP client is hitting the big time as super fans of the Transformers toy line prepare to hit the slopes. Gilson Snow, Sunbury, is now partnering with toy maker Hasbro Inc. to make limited edition Transformers-themed skis and snowboards. Via Lehigh Valley Business: https://bit.ly/2OVCGWM

  5. LifeAire Brings Air Purity to Critical-Care Medical Environments Worldwide

    Medical facilities strive to keep surfaces in critical care environments as sterile as possible. But one of the most serious threats in those areas is in the air surrounding the patients and staff. Airborne chemical and biological pathogens can readily bypass many air filtration measures commonly used by medical facilities. Ben Franklin client LifeAire Systems developed a patented, Continue Reading…

  6. Gilson Snow Selected for Transformer Skis and Snowboards

    Transformers fans celebrate series’ 35th anniversary while hitting the slopes. Gilson Snow revealed its new, exclusive TRANSFORMERS x Gilson 35th Anniversary Collaboration during the TRANSFORMERS panel on July 18 at the Comic-Con convention in San Diego, CA. Hasbro chose Gilson Snow, Winfield, PA, to produce Transformers-themed skis and snowboards. The artwork for these limited supply Continue Reading…

  7. Extraction of REEs from Mine Drainage

    The Lehigh University Energy Research Center (ERC), in collaboration with BFTP client Applied Separations, Allentown, is conducting research to investigate the feasibility of a chelate-enhanced sCO2 method for Rare Earth Elements extraction from acid mine drainage (AMD). AMD is a metal-rich acidic wastewater byproduct from the coal mining industry. The project is carried out with Continue Reading…

  8. Freshpet Expands in Lehigh Valley

    Freshpet held a groundbreaking ceremony for its second kitchen facility in Hanover Township, Northampton County, a project that will create as many as 200 jobs and increase production of the company’s signature fresh pet food. The project will include the renovation of an existing 50,000 square foot building and the addition of 90,000 square feet Continue Reading…