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News and Events

Senator Santarsiero Applauds $7.5 Million in State Funding Awards for 10th Senate District

 Nov. 1, 2024 - State Senator Steve Santarsiero (D-10) announced today $7,449,800 million in state funds from the Redevelopment Assistance Capital Program (RACP) for eight projects across the 10th Senate District. More here.

Allen B. Reitz, CEO of Bucks Co. drug discovery company, chosen for second annual Timothy M. Block Biotech Impact Award

Doylestown, Nov. 1, 2024 – The Hepatitis B Foundation, Baruch S. Blumberg Institute and Pennsylvania Biotechnology Center (PABC) announced today that Allen B. Reitz, PhD, Chief Executive Officer of Fox Chase Therapeutics Discovery Inc., has been chosen for the second annual Timothy M. Block, PhD, Biotech Impact Award. More here.

New York officials choose team including the Baruch S. Blumberg Institute to build and launch a new research center and incubator on Long Island

Doylestown, Pa., Oct. 22, 2024 – New York State officials today announced the team that has been selected to build and launch BioGenesis, a cell and gene therapy center on Long Island, which will include a biotech incubator to be managed by the Baruch S. Blumberg Institute. The Institute manages the Pennsylvania Biotechnology Center (PABC) in Doylestown and B+labs at Cira Centre in Philadelphia. More here.

PABC names its first Entrepreneur in Residence to advise startups at the incubator

July 15, 2024 – The Pennsylvania Biotechnology Center (PABC) has appointed Nick Spring, BSc (Hons), DipM, MCIM, a former executive in the pharmaceutical industry, as its first Entrepreneur in Residence. At the outset, Nick is advising five spinout companies from the PABC’s parent organization, the Baruch S.  Blumberg Institute: Cirna, Merlin, Harligene, Pentravalent and Rimmsting. He also is providing guidance to 10 other companies that received grants last year from the PABC’s Academic Innovation Zone (AIZ) program. More here.

Café with Soul & Bucks County family funding major enhancements at PABC Teaching Lab

March 30, 2024 - Café with Soul and a Bucks County family are donating $120,000 to support major enhancements to the teaching lab at the Pennsylvania Biotechnology Center (PABC), which is used by high school students from the Central Bucks School District and other high schools across the region. The funds, which will pay for new advanced scientific instruments, equipment and supplies that students use for both instructional and applied research, have been donated by Café with Soul, a nonprofit restaurant with a charitable mission. More here.

17 Incubators for U.S.-Based Biotech Startups in 2024 -Excedr

Below is an up-to-date list of 17 US-based biotech incubators currently supporting the next generation of scientists and researchers. In 2001, Mark Schweiker, Pennsylvania’s governor at the time, awarded $7.9 million to the Hepatitis B Foundation in a move to fund the development of a biotech center in Bucks County, PA. Through this partial funding, the Pennsylvania Biotechnology Center was born, a nonprofit life sciences incubator fostering and supporting the advancement of biotechnology in Bucks County and the neighboring region. It is managed by the Baruch S. Blumberg InstituteMore here.

Gov. Shapiro tours our facilities, meets with member company CEOs and PABC leadership, then takes to social media with a positive review 

Gov. Josh Shapiro, in his first 100 days in Pennsylvania's top job, visited the PABC on April 27 with Rick Siger, acting secretary of the Department of Community and Economic Development.  Five days later he shared on social media a positive review of our operation. Please watch it here. His office's news release is here.

 

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Spotlight News from the PA Biotech Center

PABC's Lou Kassa named to Philadelphia’s Power 100

For the second consecutive year, Louis P. Kassa III, MPA, chief executive officer of the Hepatitis B Foundation, Baruch S. Blumberg Institute and Pennsylvania Biotechnology Center (PABC), has been chosen by the Philadelphia Business Journal for its Power 100 list, which is being released this week. Kassa became named CEO of the organizations on July 1, 2022, succeeding co-founder Timothy M. Block, PhD. In 2019, Dr. Block was named by the Philadelphia Business Journal to its Power 100 list. 

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