News

Pandemic Drives Manhattanites’ Moves to New Jersey

George N. Saliba | New Jersey Business Magazine

New Yorkers concerned about contracting coronavirus in their apartment buildings’ elevators and who have been working from home in small-but-expensive apartments are fleeing to northern New Jersey’s suburbs, according to multiple sources such as Michele Messina, real estate professional at RE/MAX Villa Realtors. “New York City is absolutely wonderful, but if you don’t have the space, it can be difficult …

Black, Latino angel fund backed by Rutgers is ready to hear entrepreneurs’ pitches

Esther Surden | ROI-NJ.COM

It’s been a long journey, but the Black and Latino Angel Investment Fund of New Jersey is about to hear pitches from the first three entrepreneurs hoping for investment. The fund, started by Lyneir Richardson, executive director of the Center for Urban Entrepreneurship & Economic Development at Rutgers Business School in Newark, has 10 angel investors and has raised $500,000 so far. …

Officials, Industry Experts Discuss New Processes and Policies Affecting Real Estate Development

New Jersey Business Magazine

Government officials and industry experts addressed the COVID-19 pandemic’s impact on how the state’s regulatory agencies are operating, what the Legislature is prioritizing and the effect it is having on the real estate development process during NAIOP New Jersey’s annual Regulatory, Legislative & Legal Update. The agenda for the virtual event, part of the commercial real estate development association’s Building a …

PTC Therapeutics taps experimental cancer drug for new COVID-19 trial

Ben Adams | Fierce Biotech

PTC Therapeutics is throwing its hat in the ring for a potential reworked pipeline med against COVID-19. The biopharma, which has been focused on rare diseases, is tapping its early-stage cancer drug, currently in a test for certain leukemias, to see whether it can help patients afflicted with the disease. It is any day now kick-starting a phase 2/3 trial …

Governor Murphy Announces Plan to Develop the New Jersey Wind Port

Alex Altman | Office of the Governor

$300-400 Million Green Infrastructure Project Will Be The Biggest Investment in Salem County in a Generation and Has The Potential to Create Up to 1,500 jobs and $500 Million in Economic Activity TRENTON – Governor Phil Murphy today announced plans to develop the New Jersey Wind Port, a first-in-the-nation infrastructure investment that will provide a location for essential staging, assembly, …

Research with NJ Offers Access to COVID-19-Focused Information from Globally-Recognized NJ Universities

NJEDA

For nearly two years, the Research with New Jersey portal has offered researchers, academics, entrepreneurs and innovators access to vital research happening at New Jersey’s world-class universities. In the wake of the COVID-19 pandemic, Research with NJ has become an invaluable source of information for scientists and companies working to combat the global public health crisis. The free, online portal …

New Jersey Solutions For Cell And Gene Development and Manufacturing

Louis Garguilo | Outsourced Pharma

New Jersey’s first university-based, cell-and-gene-therapy development and manufacturing innovation center for-hire, was founded on the answers to these questions of the biopharma industry: What are your main challenges in manufacturing gene and cell therapy products? What are your challenges in recruiting talent? What do you need to effectively train your current employees? Answers poured in pre-establishment of the center from …

TopPop Packaging Opens Manufacturing Center in Marlton, New Jersey

Area Development News Desk | Area Development

TopPop Packaging, a product development and contract manufacturing company, opened a 30,000 square foot, FDA registered manufacturing center in Marlton, New Jersey. The company said it specializes in manufacturing products containing alcohol. TopPop Packaging has received federal and state licensing to manufacture malt, spirit, and wine-based products in its facility. “Our brand new facility in New Jersey is unique to the …

China-Based WuXi Biologics Selects Cranbury, New Jersey for Third U.S. Clinical Manufacturing Campus

Area Development News Desk | Area Development

WuXi Biologics, a China-based global company with leading open-access biologics technology platforms, signed a 10-year lease for a clinical manufacturing facility in Cranbury, New Jersey. This news follows WuXi Biologics’ recent purchase of land to build a new 107,000-square-foot clinical and commercial manufacturing facility in Worcester, Massachusetts, and the lease of a 33,000-square-foot site to establish a process development lab …

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