The life sciences real estate market in Philadelphia is coming into its own just as its cell and gene therapy industries stare down their first economic cycle with high inflation and spiking federal interest rates.
Despite the success of Spark Therapeutics, the vast majority of cell and gene therapy candidates remain in early stages of testing, with relatively few in clinical trials and only a handful commercially available. So much of the public and private sector in the area is focused on sustaining the growth of the past few years, but both are being called on to shepherd startups through the “valley of death,” or the period between early stage trials and commercialization when funding is hardest to come by and most desperately needed.
Image: Bisnow/Virginia Baker Mosaic Development Partners founder and co-owner Greg Reaves and Brandywine Realty Trust Senior Managing Director Jeff DeVuono at Bisnow's Philly Life Sciences Summit event at Budd Bioworks on June 28, 2022
By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. Yet very few achieve that great aspiration of really driving economic, social, and environmental changes on a global scale.
No one is perfect. We all make mistakes. What is crucial is that we learn from them. And particularly in this cover-up culture, we own them and share them with others so that we can all learn and grow. It's not always going to be fun. Sharing a cautionary tale of failure, for example. But embracing them and sharing them, thinking about what went wrong in order to make it right the next time, will bring with it respect.
Especially for data access across the Internet of Things and cloud servers, blockchain has been gaining popularity as a promising technology that has the ability to totally revolutionize the data security environment in the next years. Blockchain technology safeguards the data, but it does not say who is the owner or user of the data. In this work, they introduced the Biometric Blockchain (BBC) protocol, which explicitly includes biometric signals of individuals to identify the authors and users in a blockchain-based system, particularly to answer the rising demand for safe food logistics.
If you are a serial entrepreneur, you've undoubtedly been here before — You have a great business, selling one thing. Maybe its growing oranges and selling them to a processor of orange juice. Maybe you own an eBike franchise and you rent eBikes. Or maybe you sell legal newsletters. You are very good at selling these products and services, leading to what many would classify as an entrepreneurial success. Let me share an experience I had during the pandemic and how diversification shielded me from potentially disastrous consequences.
A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. I wish it was that easy. The challenge is that every new business needs to be innovative and different, in order to rise above the crowd, bring real change to the world, and give you the satisfaction you seek.
Today more than ever, the evidence is clear that business people need to find and communicate a purpose that goes beyond making a profit, in order to ensure customer engagement, as well as your own, and drive results in the marketplace. In my work with entrepreneurs, I have concluded that finding and communicating that purpose is often more important than the solution offered.
With the support of its homegrown Johns Hopkins Technology Ventures (JHTV), Baltimore’s oldest private university has helped many of its own students and faculty bring their technological innovations to market — and with wildly successful results. Now, JHTV has a new guide to make the process even easier for those within and beyond its namesake school’s community to understand.
During a retreat in 2003, the Amazon executive team ran through a quick exercise designed to identify the company's core competencies. Some were obvious. Offering a broad selection of products. Warehousing, packing, and shipping orders.
The road to entrepreneurship is often a treacherous one filled with unexpected detours, roadblocks and dead ends. There are lots of sleepless nights, plans that don’t work out, funding that doesn’t come through and customers that never materialize. It can be so challenging to launch a business that it may make you wonder why anyone willingly sets out on such a path.
Apple said Wednesday that it will introduce an innovative security feature to give potential targets of government hacking an easy way to make their iPhones safer.
Learning at work is broken. Across the U.S., hundreds of billions of dollars are spent each year on employee training — and most of it is a waste.
At this point in the corporate space, it's a no-brainer to take a customer-centric approach to developing your products or services. It's all about putting yourself in the customers' shoes, and imagining what they'd find helpful and intuitive given their preferences and situations. But the way I came to lead my current company taught me that a customer-centric view could also apply to how you structure and operate your entire business. By seeing the organization through your clients' eyes, you'll support tremendous long-term growth.
Cybersecurity threats are a ticking timebomb for many companies, and yet small businesses don’t see it as a main budget priority, an exclusive Tech.co report has revealed.
Small business budgets are tight, which means smaller companies don’t always have a lot of funds to invest in information technology (IT). But technology upgrades can pay for themselves quickly by improving IT performance and boosting productivity.
NASA, in partnership with ESA (European Space Agency) and CSA (Canadian Space Agency), will release the James Webb Space Telescope’s first full-color images and spectroscopic data during a live broadcast beginning at 10:30 a.m. EDT Tuesday, July 12, from NASA’s Goddard Space Flight Center in Greenbelt, Maryland.
Meta open-sourced its AI-based translation tool – No Language Left Behind. This AI model can translate across 200 languages, many of which are not supported by current commercial tools. This announcement comes at the time when the company has been aggressively developing its ‘universal speech translator.’ Machine translation is one of the important areas for AI research; for Meta, progress in this field would help it better understand its users.
Getting out of your comfort zone is always a challenge, but more and more evidence indicates that it is necessary for growth and success in your business and career. In my experience as a mentor to entrepreneurs, I find that self-doubt and lack of confidence are the primary constraints people have to overcome to move ahead. The challenge is to recognize your problem and fix it.
According to Gartner, the pace of employee turnover is forecast to be 50–75% higher than companies have experienced previously, and the issue is compounded by it taking 18% longer to fill roles than pre-pandemic. Increasingly squeezed managers are spending time they don’t have searching for new recruits in an expensive and competitive market. Unless efforts are refocused on retention, managers will be unable to drive performance and affect change.
New Artificial Intelligence (AI) tool created by the UK researchers can detect Covid-19 faster and quicker.