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Philly Builds Bio+ Spring Reception: State of the Life Science Market

June 1st, 2023 • The Post @ Philly BioLabs

Join Philly Builds Bio+ leadership and members for a special networking session. This meeting will examine the state of the market and future prospects, highlighting how companies are managing through a changing and uncertain time.


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philly builds bio September 2022 symposium
Philly Builds BIO Symposium
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September 13, 2022
8 AM - 3 PM

The Union League of Philadelphia
140 S Broad St, Philadelphia


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A Summary of the Special Full-Day Conference for Life Science, Design and Real Estate Professionals


Philadelphia • 2022


Traditionally, the life science real estate industry has been defined by the convergence of science, medicine and commercialization in global efforts to improve human health. With the completion of the Human Genome Project in 2003, the growth in this segment of life sciences has accelerated with a strong emphasis on Precision Medicine, targeted personalized cancer treatment and Precision Wellness. All of these areas combine a focus on genomics and biology with other technologies such as wearable technologies, big data and artificial intelligence.

With a rich history of research and pharmaceutical development, Philadelphia is poised to be a leader in this field. From the early beginnings in 1740, with the establishment of the University of Pennsylvania through the development of major pharma companies like Merck in the 1800s, the region has grown with the life science industry and amassed a deep and educated labor pool. Today, the area is home to six medical schools, including four NCI-designated cancer centers, and the top-rated Children’s Hospital in the U.S. – Children’s Hospital of Philadelphia. 100+ colleges and universities are located within 50 miles of Philadelphia, 80% of all pharmaceutical and biotech companies have offices in Greater Philly and more than 2,000 medical technology companies are located here.

Most recently, the City has become a leader in cellular, gene therapy and gene vaccines, with a number of companies and research institutions using ground breaking technologies to address a range of devastating diseases.


The COVID-19 pandemic only accelerated Philly’s life science expansion, with increased need for lab space, testing and vaccine research. A record amount of venture capital funding in 2021, and increased NIH funding have further fueled the growth.

With a shortage of available lab space, especially in the City Center, this has triggered the launch of building projects for millions of square feet of lab and manufacturing space in projects across the region from University City to the Philadelphia Navy Yard and the suburbs.


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Most recently, the City has become a leader in cellular, gene therapy and gene vaccines, with a number of companies and research institutions using ground breaking technologies to address a range of devastating diseases.


The COVID-19 pandemic only accelerated Philly’s life science expansion, with increased need for lab space, testing and vaccine research. A record amount of venture capital funding in 2021, and increased NIH funding have further fueled the growth.

With a shortage of available lab space, especially in the City Center, this has triggered the launch of building projects for millions of square feet of lab and manufacturing space in projects across the region from University City to the Philadelphia Navy Yard and the suburbs.

The time seems right to bring the life science and real estate communities together for a close look at scientific and business trends, investment and commercialization efforts, as well as leading real estate development projects and the challenges ahead.

Philly Builds Bio+: Inaugural Symposium for Life Science Innovation and Development

Philly Builds BIO+: Inaugural Symposium for Life Science Innovation and Development


September 13, 2022 • Philadelphia, PA


Philly Builds Bio+: Inaugural Symposium for Life Science Innovation and Development brought the life science and real estate communities together around the key drivers of the life science industry in Philadelphia (its opportunity and potential), and the opportunities and challenges of life science real estate development in the region.


Philly builds bio Symposium 2022

The Symposium was especially timely since Philly has recently risen in the national rankings amongst major life science hubs and is attracting record amounts of venture capital as well as developer interest and major high-profile life science real estate development projects.

The Symposium consisted of keynote speakers and panel discussions, each moderated by a prominent scientist, business leader or Philly real estate developer. View Agenda

The Symposium concluded with the introduction of a new membership and programming initiative, called Philly Builds Bio+ led by Nancy J Kelley and Mitch Simpler, Founding Members of Builds Bio+ and other leading members of the Philly life science and real estate development community, who have served on the Steering Committee for the Symposium. Profits from the meeting will be used to support the creation and operation of a Philly Builds Bio+ Initiative.

“If the 20th century was the century of physics, the 21st century will be the century of biology.”

Craig Venter

SPEAKERS

SPEAKERS


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Speakers included prominent leaders from the academic and life sciences sector and life science real estate development community, focusing on new voices that had not yet been heard in Philly’s life science conversations in order to offer new information and a new perspective.

Nancy J Kelley - Philly Builds Bio Steering Committee
Anurag Agarwal

Principal, Osage University Partners


Nancy J Kelley - Philly Builds Bio Steering Committee
Dario C. Altieri, M.D.

President and CEO, Director of the Ellen and Ronald Caplan Cancer Center, and Robert and Penny Fox Distinguished Professor, The Wistar Institute


Ian Anderson - Philly Builds Bio Symposium
Ian Anderson

Senior Director of Research, CBRE


Melina Blees
Melina Blees, PhD

Site Director
BioLabs Philadelphia


Sarah Steltz - Philly Builds Bio steering committee
Tracy Brala

Senior Vice President, Strategy and Partnerships, University City Science Center


Neil Brazitis
Neil Brazitis

Senior Managing Director Company: Newmark Real Estate (Newmark)


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Clifford Brechner

Vice President, Colliers Life Sciences Practice Group


Sarah Steltz - Philly Builds Bio steering committee
Sharon R. Clinton, SHRM-CP

Co-Founder & COO
HelaPlex


Joe Corcoran
Joe Corcoran

Executive Vice President of The Discovery Labs, Senior Vice President for MLP Ventures


Alan Flake
Alan W. Flake, MD

Professor of Surgery, University of Pennsylvania School of Medicine
Director, Children’s Center for Fetal Research
Children’s Hospital of Philadelphia


Lauren Gilchrist
Lauren Gilchrist

Managing Director – Research
Longfellow Real Estate Partners


Sarah Steltz - Philly Builds Bio steering committee
John Grady

NE Region Executive & Senior Vice President
Wexford Science + Technology


Anthony Green, Ph.D.
Anthony Green, Ph.D.

Chief Scientific Officer
Ben Franklin Technology Partners of Southeastern PA


Claire Marrazzo Greenwood
Claire Marrazzo Greenwood

Senior Vice President, Economic Competitiveness
Chamber of Commerce for Greater Philadelphia


Stephan A. Grup, MD, Phd
Stephan A. Grupp, MD, PhD

Section Chief, Cellular Therapy and Transplant, Division of Oncology; Director, Susan P. and Stephen S. Kelly Center for Cancer Immunotherapy


Karen Griffith Gryga
Karen Griffith Gryga

Chief Operating Officer, Biomeme, Inc.


Kilbaugh-Philly Builds Bio Committee
Eric Hacher, PhD

Vice President, Head of Manufacturing, Spark Therapeutics


Claire Marrazzo Greenwood
Louis P. Kassa III

President
Pennsylvania Biotechnology Center


Nancy Kelley - Philly Builds Bio founder
Nancy J Kelley

Founding Member, Builds BIO+ and President & CEO, Nancy J Kelley + Associates


Kilbaugh-Philly Builds Bio Committee
Todd Kilbaugh

Endowed Chair of Translational Science and Innovation, The Children’s Hospital of Philadelphia (CHOP) and Medical Director, EMCO Center at CHOP


Jessica Lee - Spirovant - Philly Builds BIO
Jessica Lee

Clinical Science and Operations, Spirovant


Tia Lyle Williams
Tia Lyles-Williams

Founder & CEO
LucasPye BIO


Anthony Maher - Philly Builds Bio speaker at the Symposium
Anthony Maher

Partner/ President at University Place Associates


Kevin Mahoney
Kevin Mahoney

CEO
University of Pennsylvania Hospital System


Jennifer Manning
Jennifer Manning, MPA

Senior Vice President of Global Strategic Partnerships, The Center for Breakthrough Medicines


Travis McCready
Travis McCready

Head of Life Sciences, Industries Americas, JLL


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Dean E. Miller

President & CEO, PACT


Alan Moore - Philly Builds Bio
Alan Moore

Chief Strategy Officer, Center for Breakthrough Medicines


Kilbaugh-Philly Builds Bio Committee
Stephen G. Nappi

Associate Vice President, Technology Commercialization and Business Development,
Temple University


Nissenbaum - Philly Builds Bio Steering Committee
Scott Nissenbaum

President and CEO, Ben Franklin Technology Partners


Rose Oskanian - Philly Builds Bio symposium speaker
Rosaleen Morris Oskanian

General Counsel & Secretary Vitara Biomedical, Inc.


Matt Plevelich
Matt Plevelich

Principal
NewSpring


Jamie Rash
Jamie Rash

Regional Director
Keystone


Kilbaugh-Philly Builds Bio Committee
Katie Reuther

Executive Director, Penn Health-Tech University of Pennsylvania


Aleister Saunders - Philly builds bio
Aleister J. Saunders, PhD

Executive Vice Provost for Research & Innovation and Professor, Drexel University


Aleister Saunders - Philly builds bio
Mitchel W. Simpler

Founding Member, Builds BIO+ and Managing Partner Emeritus, JB&B


George Skillin
George Skillin

Senior Vice President and Head of Engineering, EHS, Spark Therapeutics


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Tony Sorrentino

Associate Vice President, Office of the Executive Vice President
University of Pennsylvania


Sam Woods Thomas - Philly Builds Bio
Sam Woods Thomas

Philadelphia Department of Commerce
Senior Director of Business Development


Nelson Way - Philly Builds Bio Symposium speaker
Nelson Way

Director, Leasing and Development, Ensemble Real Estate Investments


Steve Wray - Philly Builds Bio Symposium speaker
Steve Wray

Senior Vice President and Principal
Econsult Solutions, Inc.


AGENDA

AGENDA


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The Agenda of the Symposium focused on:

  •  Philadelphia’s Future of Innovation Founded on an Illustrious Past
  • The Science Driving Innovation and Commercialization
  • The Funding Fueling Innovation
  • Nurturing Innovation Through Incubator and Accelerator Programs
  • Celebrating Life Science Success with Revolutionary Life Science Treatment
  • Commercial Opportunities for Life Sciences in Philly
  • How Philly Stacks Up in Meeting the Needs of Life Science Companies
  • Commercial Opportunities for Life Science Development in Philly and the Surrounding Environs
  • The Challenges that Philly Life Science Faces

8:00 – 8:30

Registration and Continental Breakfast

8:30 – 8:45

Welcome

  • Nancy J Kelley, JD/ MPP, President & CEO, Nancy J Kelley + Associates and Founding Member, Builds BIO+
  • Mitchel W. Simpler, Managing Partner Emeritus, JB&B, Founding Member, Builds BIO+

8:45 – 9:00

Keynote: A Future of Innovation Founded on an Illustrious Past
Confirmed Speaker:

  • Kevin B. Mahoney, MBA, Chief Executive Officer, University of Pennsylvania Health System, Perelman School of Medicine

9:00 – 9:40

The Science Driving Innovation and Commercialization
This session will include a panel of scientists from Philly institutions, moderated by a leading scientist, and will explore the recent and next generation of technologies that are emerging from Philly institutions, driven by increasing NIH funding levels to Philadelphia institutions. The panel will also explore how science can differentiate Philadelphia from other major life science clusters such as Boston, San Francisco and the Greater NYC Metro area.

Moderator:

  • Todd J. Kilbaugh, MD, Endowed Chair of Translational Science and Innovation, The Children’s Hospital of Philadelphia (CHOP) and Medical Director, EMCO Center at CHOP

Confirmed Speakers:

  • Alan W. Flake, MD, FACS, FAAP, Chair, Pediatric General, Thoracic and Fetal Surgery at Children’s Hospital in Philadelphia and Director; CHOP Center for Fetal Research
  • Dario C. Altieri, MD, President and Chief Executive Officer, Wistar Institute and Director, Ellen and Ronald Caplan Cancer Center; Professor, Immunology, Microenvironment & Metastasis Program
  • Aleister J. Saunders, PhD, Executive Vice Provost for Research & Innovation and Professor, Department of Biology, Drexel University
  • Stephen G. Nappi, Associate Vice President, Technology Commercialization and Business Development, Temple University

9:40 – 10:20 

Funding Fuels Innovation: What Drives VC Investment?
This session will explore the unprecedented growth in venture capital investment in the Philadelphia region with a panel of VCs, moderated by a VC that will explore what is fueling the increase and where is it going?  What kinds of companies are the VCs looking for?

Moderator:

  • Dean Miller, President & CEO, Philadelphia Alliance for Capital and Technologies (PACT) and Managing Director, Philadelphia College of Osteopathic Medicine Innovation Fund

Confirmed Speakers:

  • Anurag Agarwal, Principal, Life Science, Osage University Partners
  • Scott Nissenbaum, President & CEO, Ben Franklin Technology Partners of Southeastern PA and Managing General Partner, Global Opportunity Philadelphia Fund
  • Matt Plevelich, Principal for Healthcare Strategy, NewSpring Capital

10:20 – 10:40

Break

10:40 – 11:20

Nurturing Innovation with Incubators and Accelerators
There are a number of new and existing incubators and accelerators in the Philadelphia region that are growing new companies, creating jobs and expanding the life science footprint in Philadelphia. This panel will introduce a number of them, explore what programs they offer and how they are fueling innovation and commercialization.

Moderator:

  • Louis P. Kassa, III, MPA, Chief Executive Officer, Baruch S. Blumberg Institute and PA Biotechnology Center

Confirmed Speakers:

  • Melina Blees, PhD, Site Director, BioLabs Philadelphia
  • Tracy Brala, Senior Vice President, Strategy and Partnerships, University City Science Center
  • Anthony P. Green, PhD, Chief Scientific Officer, Ben Franklin Technology Partners
  • Sharon R. Clinton, SHRM-CP, Co-Founder & Chief Operating Officer, HelaPlex
  • Katie Reuther, PhD, MBA, Executive Director, Penn Health-Tech and Practice Associate Professor in Bioengineering, University of Pennsylvania

11:20 – 11:35

Keynote: Celebrating Life Science Success with Revolutionary Life Science Treatments
The second keynote of the symposium will be given by a senior executive from one of the successful companies, like Spark Therapeutics, putting Philadelphia on the map.

Confirmed Speaker:

  • Eric Hacherl, PhD, Vice President, Head of Manufacturing, Spark Therapeutics

11:35 – 12:15

Commercial Opportunities for Life Sciences in Philly
This session will feature three or four mature life science companies, all of whom have received venture backing and one of which is publicly traded. Speakers will discuss the unique life science real estate requirements that stem from the unique science they are pursuing or products developed. The challenges of finding appropriate life science space and the competitive pressures from surrounding life science clusters will also be discussed.

Moderator:

  • Anthony P Sorrentino, Assistant Vice President, Office of the Executive Vice President, University of Pennsylvania

Confirmed Speakers:

  • Jessica Lee, MS MPH, Clinical Science and Operations, Spirovant Sciences
  • Karen Griffith Gryga, Chief Operating Officer, Biomeme
  • Tia Lyles-Williams, DSc, Founder & Chief Executive Officer, LucasPye BIO
  • Rose Oskanian, VP, General Counsel and Corporate Secretary, Vitara

12:15 – 1:00

Lunch

1:00 – 1:30

How Does Philly Stack Up?
This session will include a panel of brokers discussing the size of the Philadelphia market for life science space and the direction it is moving in. The discussion will also include a description of what life science companies are looking for in space requirements and what is their need.

Moderator:

  • Lauren Gilchrist, Managing Director, Research, Longfellow Real Estate Partners

Confirmed Speakers:

  • Travis McCready, Head of Life Sciences, Industries Americas, JLL
  • Ian Anderson, Senior Director of Research, CBRE
  • Neil Brazitis, Senior Managing Director, Newmark Knight Frank
  • Clifford Brechner, Vice President, Greater Philadelphia Region Life Science Practice Group, Colliers International

1:30 – 2:15

Commercial Opportunities for Life Science Real Estate in Philly and The Surrounding Environs
This session will explore a number of leading life science developments in the City center, outer City limits and the suburban market.

Moderator:

  • Jennifer Manning, MPA, Senior Vice President, Global Strategic Partnerships, The Center for Breakthrough Medicines

Confirmed Speakers/Projects:

  • John Grady, Senior Vice President, Northeast Region Executive at Wexford Science & Technology; City Square
  • Anthony Maher, Partner/ President at University Place Associates
  • George Skillin, Senior Vice President and Head of Engineering, EHS, Spark Therapeutics
  • Louis P. Kassa, III, MPA, Chief Executive Officer, Baruch S. Blumberg Institute and PA Biotechnology Center in Bucks County
  • Jamie Rash, Regional Director, Keystone, The Curtis
  • Joseph Corcoran, Senior Vice President, MLP Ventures Group (The Discovery Labs)
  • Nelson Way, Director, Leasing and Development, Ensemble Real Estate Investments

2:15 – 2:40

What Challenges Does Philly Life Science Face? City and State Incentives: What Needs to be Done?
This session will discuss the challenges Philly faces in the continued expansion and growth of its life science sector, as well as how the City and State can more strongly support its growth and development through new incentive programs.

Moderator:

  • Claire Greenwood, MS, Executive Director, CEO Council for Growth, & SVP, Economic Competitiveness at The Chamber of Commerce for Greater Philadelphia

Confirmed Speakers:

  • Stephen Wray, Senior Vice President and Principal, Econsult Solutions, Inc.
  • Sam Woods Thomas, Senior Director of Business Development, Philadelphia Department of Commerce

2:40 – 2:55

Closing Keynote

Confirmed Speaker:

  • Stephan A Grupp, MD, PhD, Section Chief of the Cellular Therapy and Transplant Section, Director of the Cancer Immunotherapy Program and Medical Director of the Cell and Gene Therapy Laboratory, Children’s Hospital of Philadelphia

2:55 – 3:00

Conclusion and Next Steps

  • Symposium Steering Committee

3:00-4:00 

Reception

PLACEHOLDER SECTION - THIS WILL FEATURE SOME SPEAKER PHOTOS AND NAMES, AND A BUTTON TO "VIEW ALL SPEAKERS"

STEERING COMMITTEE

STEERING COMMITTEE


ABOUT BUILDS BIO+

The Symposium is organized by Builds BIO+, a 501(c)(3), nonprofit organization that launched a similar and very successful initiative in 2018 in New York City and has since become an active membership organization working to educate and increase the visibility of commercial life sciences opportunities through events, research, reports and educational programs.

Leading members of the Philly academic, life science, government, association and real estate development communities have formed a Steering Committee for the Symposium.

TESTIMONIALS


"Looking forward to Philly Builds Bio+! Amazing inaugural event. Congratulations!"

"Great combination of science and business!"

"Good turnout, especially some corporate life sciences players."

"The speakers and panels were even more informative than I realized."

"The materials provided in the program guide provided an excellent information for us to follow up after the event."

"It was a great event and a great venue!"

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SPEAKERS

Comparative Study Ranks Philadelphia Region #2 Among 14 Cell and Gene Therapy Hubs

In a newly released study comparing 14 U.S. cell and gene therapy hubs in five key categories, the Philadelphia region ranks #2 among U.S. locations. This report was done by CEO Council for Growth in Philadelphia. It helps to confirm the broad life science real estate trends that were highlighted at the Philly Builds Bio Inaugural Symposium for Life Science Innovation and Development.


VIEW REPORT (PDF)

EVENT SPONSORS

EVENT GUIDELINES

Gold Sponsors



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Bronze Sponsors


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Breakfast and Lunch Co-Sponsors


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Meyer Architects Logo

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Lanyard Sponsor


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Association Partners


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Ben Franklin Technology PArtners - Southeastern Pennsylvania
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Inaugural Symposium for Life Science Innovation and Development

September 13, 2022
8 AM - 3 PM
Lincoln Hall
The Union League of Philadelphia
140 S Broad St, Philadelphia

Inaugural Symposium for Life Science Innovation and Development

September 13, 2022
8 AM - 3 PM
Lincoln Hall
The Union League of Philadelphia
140 S Broad St, Philadelphia

EVENT GUIDELINES

EVENT GUIDELINES

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Lincoln Hall, The Union League Philadelphia