Cellares, the first Integrated Development and Manufacturing Organization (IDMO) dedicated to clinical and industrial-scale cell therapy manufacturing, has secured $255 million in Series C funding led by new investor Koch Disruptive Technologies. In connection with the financing, David Mauney, Managing Director at Koch Disruptive Technologies, will join the company’s board of directors. Global biopharmaceutical company and cell therapy leader Bristol …
In an amazing act of corporate giving that already has spurred business development in Newark — one that further demonstrates Audible’s commitment to its headquarters city — Audible announced Tuesday morning the details of a business attraction program that is providing grants of up to $250,000 each to companies that relocate to Newark in the area around Harriet Tubman Square. Audible …
Newark, NJ — Building on the momentum of 2022, Choose New Jersey, New Jersey’s leading nonprofit economic development organization, announced a strong first quarter in 2023, highlighted by the opening of the New Jersey Israel Center and the launch of its new “This is New Jersey” business attraction advertising campaign, which has already gained national attention for its billboards. Choose …
Newark, NJ — Choose New Jersey, New Jersey’s leading nonprofit economic development organization, today announced a new initiative in conjunction with its recently launched “This Is New Jersey” advertising campaign. Bold billboards addressing congestion prices offer a solution to the inconvenience posed by congestion taxes: move your company and your family to New Jersey. Ads that declare “Less Congestion. No …
Duncan Turner remembers the day last fall when HAX announced it was coming to Newark — and how the hard-tech accelerator from the Princeton-based global venture capital firm SOSV was promising to develop 100 companies in the next five years in a state-of-the-art facility. He remembers how — other than the announcement — there wasn’t much to report. For an organization known around the …
New Jersey and Newark officials were thrilled last fall when HAX, the hard-tech accelerator run by SOSV, one of the most active venture capital firms in the world, announced it was going to make Newark its home. This week, SOSV announced just where that home will be: 707 Broad St. HAX and SOSV have signed a 10-year lease on a 35,000-square-foot headquarters …
Temco Logistics of Pomona, California, has leased 57,076 square feet of industrial space at 450 Murray Hill Parkway in East Rutherford, NAI James E. Hanson has announced. Temco Logistics is a premier provider of white-glove home goods delivery and installation solutions across the nation. With millions of home deliveries performed each year for some of America’s largest retailers, Temco Logistics …
The new space is set to open in October 2022 and will serve both imports and exports. Site selection was based on close proximity to the container port at Elizabeth, New Jersey as well as one hour drive from the Port of Philadelphia and two-and-a-half-hour drive to Baltimore and Delaware. The facility will feature 167,812 square-feet of space with 13,000 …
PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade. The drug maker, which is currently headquartered in South Plainfield, will occupy two full buildings at 400 and 500 Warren Corporate Center Drive. It’s leasing the space from a joint …
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