Publication

Philadelphia Q2 2025 Life Sciences Market Overview

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Market Highlights

  • Spark Therapeutics announced it will lay off more than half of its Philadelphia workforce, cutting nearly 300 employees.
  • Fore Biotherapeutics, a company developing cancer treatments, has raised $38.0 million to support an international clinical trial of its drug plixorafenib in different groups of cancer patients.
  • Governor Josh Shapiro announced a $30.0 million state investment to help prepare 54 acres at the Philadelphia Navy Yard for life sciences development.

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