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???Exciting News from Philadelphia’s Biotech Scene!??? Tolerance Bio, a pioneering biopharmaceutical company based in Philadelphia, has secured $17.2 million in seed financing to advance their innovative thymus-based therapies for immune-related diseases. Join us in celebrating this achievement and the continued growth of our vibrant biotech community! ?? #GreaterPhiladelphia #Biotech #Innovation #LifeSciences #EconomicDevelopment #SelectGreaterPHL

Join us for our 2024 Regional #Biotechnology Conference on Nov. 14! Our high-powered speaker lineup of biotech, #investment and government experts includes Department of Community and Economic Development Sec. Rick Siger and Jennifer Griffin, PhD, Partner at Mission BioCapital! More to come.?? ? Register here: https://lnkd.in/eVdVSjeC?

Cost-of-living, job availability, and overall quality of life are key drivers of population growth and workforce retention. As The Philadelphia Inquirer recently reported, though some of our region's residents have shifted from working in Center City, many continue to venture downtown to enjoy restaurants, retail and recreation. Register now for our fall Civic Issues Forum on November 8, where we will explore how coordinated and strategic development can enhance livability, support economic growth, and ensure a thriving future for all who live, work, and play in Greater Philadelphia: https://lnkd.in/eTCXps94

Are you looking for jobs in the life sciences industry in Greater Philadelphia? Make sure to attend the ecosystem-wide Biotech Jobs Fair on Nov. 19th! We'll have top employers in the region with positions ranging from entry level to PhD graduates, postdocs and experienced scientists. We will also have supplemental programming for career pathways, as well as resume reviews and mock interviews! Don't miss this chance to meet and mingle with life science employers in the region! #greaterphiladelphia #lifesciencestalent #jobsfair #biotech #lifesciences #careerdevelopment

Last week I attended the convening "International Talent and Local Impact" focused on Philadelphia’s ongoing strength in attracting international students and talent to the city. Philadelphia has 100+ universities in the region with 325,000+ students, many coming from around the world with aspirations of being the next entrepreneur to spin-out a startup from one of our many university incubator, accelerator, and commercialization programs. Seems to be a daily occurrence around here. Author Richard Florida in his 2002 book Rise of the Creative Class highlighted the relationship between attracting creative-class talent and the potency of a city’s innovation ecosystem. In his 2005 follow-up book Flight of the Creative Class, Florida warned that the U.S. isn’t doing enough to attract international talent and is losing out to peer countries. Philly certainly took note - no other U.S. city in the last twenty years has had a higher population growth rate among young adults with bachelor's degrees than Philadelphia. I attended a 2017 lecture by Richard Florida for his book A New Urban Crisis where he mused on the success of his predictions and lamented the crisis of inequality that ensued across the so-called superstar cities (New York, San Francisco, London…) which benefited the most from the rise of the creative class. Many of these superstar cities lost population during the pandemic. Where did all of that creative-class talent go? Philadelphia received more out-flow talent from New York City during the pandemic than any other U.S. city apart from Miami (beaches and business, hard to compete). According to Richard Florida in his 2023 article The Rise of the Meta-City, talent moved from superstar cities to cities that offer specialized innovation ecosystems paired with digital connectivity and physical proximity to talent and capital. Where talent goes, capital flows. Philly continues to out-rank cities like Miami and Austin in VC deals and investments in part because talented people from around the world with entrepreneurial ambitions continue to flock to our region’s universities. The world’s first computer (ENIAC) was a UPenn spin-out project for the U.S. military. The legacy of innovation continues to deliver for Philly today - the 2023 Nobel Prize in Medicine and the first FDA-approved Cell & Gene Therapy came out of our university landscape. Philly is on the rise. Global talent and international companies are helping to fuel the upward momentum. Find link in comments to Campus Philly’s Momentum Report and The Pew Charitable Trust’s research series on the role of international talent and workers in Philadelphia’s economy. Campus Philly Jennifer Johnson Kebea, EdD International House Philadelphia William (Bill) Keyes Philadelphia Department of Commerce Pierre-Olivier Lugez The Chamber of Commerce for Greater Philadelphia Nicole Pumphrey The Pew Charitable Trusts Thomas Ginsberg Katie Martin

“Philadelphia is not just following trends; we are setting the pace for innovation,”?- Rebecca Grant, Senior Director of Life Science Innovation for the City of Philadelphia. Read: https://lnkd.in/e9VWPE8h

???Join us in congratulating GemmaBio on this remarkable achievement and the transformative impact this partnership will bring!??? This $100 million agreement with Brazil’s leading health research institute exemplifies the power of international collaboration in addressing some of the world’s most pressing health challenges. #HealthInnovation #GlobalPartnerships #GreaterPhiladelphia #EconomicDevelopment #ResearchAndDevelopment

Congratulations to?Princeton University?Professor John Hopfield on Winning the 2024 Nobel Prize in Physics!?This recognition underscores the importance of fostering a vibrant ecosystem where science and innovation thrive. #2024NobelPrize #Physics #Innovation #GreaterPhiladelphia #EconomicDevelopment #MachineLearning #AI

??As one of the top life sciences ecosystems in the U.S., ??Philadelphia continues to lead with cutting-edge research, world-class talent, and a vibrant ecosystem. This latest report highlights why global companies are choosing Philly for their next phase of growth: ?? $7.1B in NIH funding since 2019(+2024)?? Home to leading academic institutions and research centers ?? Unmatched talent pipeline in biotech, pharma, and health tech ??? Affordable real estate compared to other major cities ?? If you're looking for a city that offers opportunity, innovation, and the resources to scale, Philadelphia is the place to be. Let’s connect and discuss how we can help you take advantage of the growing life sciences landscape in Philly. The city is ready to welcome more innovators, entrepreneurs, and global leaders! #LifeSciences #Biotech #Pharma #Innovation #Philadelphia #InvestInPhilly #GlobalExpansion #HealthTech #VentureCapital #RealEstate

?? The Greater Philadelphia region has moved up one spot to become the?8th largest U.S. life sciences cluster, surpassing New York City! ?? This achievement highlights our region’s growing influence and leadership in the life sciences sector, and is a testament to the hard work and innovation of our local businesses, research institutions, and talented professionals! #LifeSciences #GreaterPhiladelphia #Innovation #EconomicDevelopment #BusinessGrowth