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Opening date set for Fishtown Slice pizzeria; owners to expand Rittenhouse spot

Wednesday October 26th, 2016 08:31:01 PM Kenneth Hilario
Big things are in store for the Rittenhouse Square outpost of the Slice pizzeria concept, the owners of which have set the opening date for their newest spot in Fishtown.Marlo Dilks and Jason Dilks on Friday, Oct. 28, will open their fourth Slice restaurant at 431 E. Girard Ave. in Fishtown. (See photo gallery of the space and of the food.)On Friday, between 11-1 p.m. and 4-7 p.m., the restaurant will offer free slices of pizza, including signature pizza and Fishtown-exclusive pizza.Infrastructure…

Bankruptcy judge ruling a 'blow' to Revel owner

Wednesday October 26th, 2016 07:00:06 PM Kenneth Hilario
In what is yet another chapter in the ongoing saga of the former Revel casino in Atlantic City, a bankruptcy judge this week made a ruling that could be a "blow" for owner and Florida developer Glenn Straub but a boon for one of its tenants.Straub and his legal entity Polo North Country Club Inc. have been in an ongoing legal battle with IDEA Boardwalk Inc., the club operator tenant at the former Revel, which is now known as Ten after a rebranding in September this year.IDEA been in litigation…

Philadelphia's health visionaries tell us: What's the biggest innovation of last 25 years?

Wednesday October 26th, 2016 06:44:31 PM Clara Lefton
As part of this year's Health Care Innovator and Doctors of Distinction programs, the Philadelphia Business Journal asked recipients a simple question:"What do you think was the most important innovation in health care during the past 25 years?"Their responses covered a variety of areas ranging from genetic engineering to specific medicines to the passage of the Affordable Care Act. Others mentioned advancements not first envisioned for medical use such as smartphones.You can read all the replies…

Germantown apartment complex sells for $12.7M

Wednesday October 26th, 2016 06:07:27 PM Natalie Kostelni
The Lennox apartments, a 156-unit complex in the Germantown neighborhood of Philadelphia, has sold for $12.7 million.Premier Properties of Lakewood, N.J., sold the three-building property at 232-242 W. Walnut Lane to an undisclosed New York-based group free and clear of debt. It was 95 percent leased at the time of sale. Premier bought the Lennox in 2014 for $8.75 million.Carl Fiebig and Mark Thomson of Holliday Fenoglio Fowler arranged the sale and James Conley, also of HFF, arranged $9.525…

GOP Super PAC to dump $5M into Pa. senate race

Wednesday October 26th, 2016 05:40:44 PM Nick Field
Don’t expect those TV ads to ease up anytime soon.According to Alex Isenstadt of Politico, the Senate Leadership Fund is putting $25 million into last-minute TV ads for the Senate contests in Indiana, Missouri, Nevada, New Hampshire, North Carolina and Pennsylvania.Specifically, $5 million will be earmarked for the Keystone State contest between GOP incumbent Sen. Pat Toomey and Democratic nominee Katie McGinty.The Senate Leadership Fund is the Super PAC associated with Majority Leader Mitch…

Temple, nurses reach terms on a new 3-year deal

Wednesday October 26th, 2016 04:25:05 PM John George
About 2,000 nurses and health care professionals at Temple University Hospital have reached an agreement on a new three-year contract with the North Philadelphia medical center.The workers, 98 percent of whom voted to ratify the agreement Tuesday night, are members of the the Pennsylvania Association of Staff Nurses and Allied Professionals (PASNAP).PASNAP officials said the three-year contract includes wage increases and improvements on staffing and job security.Anxiety-ridden nurses are increasingly…

$690M done deal: Allergan completes Vitae acquisition

Wednesday October 26th, 2016 04:20:04 PM John George
Allergan successfully completed its tender offer for all the outstanding shares of Vitae Pharmaceuticals Inc., a clinical-stage biopharmaceutical company based in Fort Washington, Pennsylvania.Under the terms of the $639 million deal, Allergan (NYSE: AGN) paid Vitae stockholders $21 per share.“The completion of the Vitae acquisition will add highly differentiated development compounds and bolsters our innovative medical dermatology pipeline,” said David Nicholson, chief research and development…

Montco hospital opens dedicated space for young opioid addicts

Wednesday October 26th, 2016 04:00:43 PM John George
Eagleville Hospital, in a partnership with the Montgomery County Department of Human Services, has opened Arcadia House — an evidence-based treatment program for young men battling opioid and heroin addiction.Montgomery County provided a $600,000 reinvestment grant for the facility, which is designed for men ages 18 to 26. The grant was used for construction costs. Eagleville will provide staffing and cover operation costs.Eagleville is targeting that demographic because Pennsylvania leads…

Teva, IBM expand Watson supercomputer partnership

Wednesday October 26th, 2016 03:09:26 PM John George
Teva Pharmaceutical Industries Ltd. and IBM said Wednesday they are "significantly expanding" their Watson Health alliance.Watson is IBM's supercomputer that combines artificial intelligence and sophisticated analytical software.The expansion of Teva (NYSE:TEVA) and IBM's three-year partnership will focus on two key health care challenges: the discovery of new treatment options and improving chronic disease management. Both projects will run on the IBM Watson Health Cloud.Camden firm seeks…

Pennsylvania Bio has a new name

Wednesday October 26th, 2016 03:02:57 PM John George
Pennsylvania Bio has a new name.The Wayne, Pennsylvania, trade group will now be known as Life Sciences Pennsylvania — a name the organization believes better reflects the breadth of its membership.“When you look at our membership, over the last six years in particular, it has grown and really diversified,” said Christopher Molineaux, who was named president and CEO of the organization in 2010. “We have grown well beyond our biotechnology roots.”What was historically a trade group…

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