- Saving Electricity on a Philadelphia Subway Line [Green: New York Times] — “in Philadelphia, on the Market-Frankford line of the Southeast Pennsylvania Transit Authority, a new company called Viridity Energy will install batteries to capture a lot of that electricity and hold it while the train is in the station. Then it can deliver the power when the train starts up again or store it for a time of day when it is needed more.”
- NuPathe gets more funding to launch Zelrix migraine patch [Philadelphia Business Journal]
- FTC seeks more information on Teva, Cephalon deal [Reuters]
- New chair for Science Center [Philadelphia Business Journal] — “University of Pennsylvania Executive Vice President Craig Carnaroli has been elected chairman of the University City Science Center’s board of directors, succeeding Richard P. Jaffe, a partner with the Philadelphia law firm of Duane Morris”
- GPTMC drops advertising with Travel + Leisure after it calls Philly dirty [Philadelphia Business Journal]
- BioNanomatrix Opens West Coast Headquarters, Expands Senior Team to Accelerate Commercialization of its Whole Genome Analysis Platform [press release]
- Lockheed Martin’s space business to cut 1,200 jobs [AP] — “The cuts will most heavily affect areas where Lockheed Martin is winding down its contract work, such as Sunnyvale, Calif., the Delaware Valley region of Pennsylvania, and Denver.”
- Philadelphia2035 Master Plan Approved [Flying Kite] — It includes mention of broadband access, something Technically Philly pushed on with this coverage. Watch video below.
Companies: Visit Philadelphia / BioNanomatrix / Cephalon / Duane Morris / Lockheed Martin / NuPathe / Teva / University City Science Center / Viridity Energy
People: Craig Carnaroli / Richard Jaffe
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