Pharma Small Business Symposium

Pharma Small Business Symposium

SOURCE City of Petersburg"Petersburg, Virginia, is fast becoming a major player in the world of pharmaceutical manufacturing, thanks to strategic partnerships and dedicated efforts to spur growth and innovation. This transformation is powered by the collaborative work...

Nonprofit Model for Manufacturing

Nonprofit Model for Manufacturing

SOURCE The Medicine Maker by Stephanie Vine"All companies claim to put patients first, but how true is that really when the corporate pharma business revolves around profits? Civica Rx is approaching generic drug manufacturing using a nonprofit model – and it’s...

Nonprofit Model for Manufacturing

Nonprofit Model for Manufacturing

SOURCE The Medicine Maker by Stephanie Vine"All companies claim to put patients first, but how true is that really when the corporate pharma business revolves around profits? Civica Rx is approaching generic drug manufacturing using a nonprofit model – and it’s...

Virginia is for Pharma Lovers

Virginia is for Pharma Lovers

SOURCE Pharma Manufacturing by Karen P. LanghauserRichmond has transformed from its tobacco roots to a burgeoning hub for advanced pharma manufacturing. Today, the Richmond-Petersburg region thrives with cutting-edge facilities and a collaborative ecosystem, driving...

Mining Pharma’s Reshoring Rush

Mining Pharma’s Reshoring Rush

SOURCE Pharma Manufacturing by Karen P. LanghauserThe COVID-19 pandemic spurred a renewed focus on reshoring pharmaceutical manufacturing to the U.S., leading to significant government investments in domestic production. While these efforts have increased capacity and...

Alliance for Building Better Medicine Receives NSF Award

Alliance for Building Better Medicine Receives NSF Award

SOURCE BioPharm International by Susan HaigneyThe Alliance will receive the NSF Regional Innovation Engines Development Award and $1 million in funding. "The Alliance for Building Better Medicine announced on March 6, 2024 that the US National Science Foundation (NSF)...

Alliance for Building Better Medicine Receives $1M Award

Alliance for Building Better Medicine Receives $1M Award

SOURCE Virginia Business by Katherine SchulteRichmond-Petersburg pharma manufacturing coalition continues growth "The Alliance for Building Better Medicine — a group of public and private pharmaceutical manufacturers and research organizations in Richmond and...

Building Back With Biotech

Building Back With Biotech

SOURCERichmond Magazine by Emily McCrary-Ruiz-Esparza"In the last few years, there have been shortages of medications for flu, RSV (especially for infants), COVID-19, drugs for diabetes, chemotherapy and inhalers. It’s a problem that affects all ages and one that’s...

A Shot in the Arm

A Shot in the Arm

SOURCE Richmond Magazine by Mark NewtonIMAGEIllustration via Adobe Stock"An ongoing effort to develop a domestic pharmaceutical supply chain in metro Richmond earned a special designation in October as an advanced pharmaceutical manufacturing tech hub, which comes...

Richmond Pharmaceutical Giant Phlow Raises $36 Million

Richmond Pharmaceutical Giant Phlow Raises $36 Million

SOURCE Richmond Times-Dispatch by Sean Jones"Richmond pharmaceutical company Phlow Corp. has closed on a $36.1 million fundraising round targeted at growing its research and development capabilities. The funding comes through several undisclosed sources, though Phlow...

Podcast: Can America Make Its Own Medicine Again?

Podcast: Can America Make Its Own Medicine Again?

SOURCEAlliance for American Manufacturing"The United States depends on China and India for some of its most critical medicines, but one Central Virginia organization is working to change that. Infused with more than $100 million in public-private funding, including...

Podcast: Can America Make Its Own Medicine Again?

Good Chemistry

SOURCE Richmond MagazineThe Alliance for Building Better Medicine’s new CEO, Joy Polefrone, discusses her professional journey in chemistry and the challenges and expectations for the alliance and its work "Ongoing efforts to make metro Richmond a locus for the...

Phlow and Maryland Nonprofit Opening Shared Lab in Richmond

Phlow and Maryland Nonprofit Opening Shared Lab in Richmond

SOURCE Richmond BizSense by Jack JacobsIMAGEby Jack Jacobs"A newly announced pharmaceutical lab facility is expanding a local company’s footprint while introducing a newcomer to the area. Shockoe Slip-based Phlow Corp. and Maryland-based nonprofit U.S. Pharmacopeia...

Alliance for Building Better Medicine Hosts U.S. Economic Development Administration and Senator Mark Warner at a Roundtable Discussion about Building a Reliable Supply of Safe, High-Quality, Affordable Medicines  

Alliance for Building Better Medicine Hosts U.S. Economic Development Administration and Senator Mark Warner at a Roundtable Discussion about Building a Reliable Supply of Safe, High-Quality, Affordable Medicines  

Richmond/Petersburg, VA  – Alliance for Building Better Medicine, a coalition powered by multi-jurisdictional public and private sector stakeholders in the Richmond-Petersburg region, was honored to host members of the U.S. Economic Development Administration and...

Pharma Small Business Symposium

Civica announces plans for $27.8M lab in Chesterfield

SOURCE Virginia Business by Courtney Mabeus"Nonprofit drugmaker Civica Rx is investing $27.8 million to establish a new 55,000-square-foot laboratory in Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Thursday. The expansion will add...

Virginia’s New Economic Engine: An Affordable Drug Hub

Virginia’s New Economic Engine: An Affordable Drug Hub

SOURCE WVTF"Virginia Commonwealth has played a central role in applying for grants and planning to build the new drug hub, creating the Alliance for Building Better Medicine, talking with local leaders and drafting a 180-page plan. Jeff Gallagher is executive director...

Going with the Phlow

Going with the Phlow

SOURCE Pharmaceutical CommerceGoing with the Phlow "Established just over two years ago, Phlow quickly generated headlines, some of them controversial, as the corporation secured a contract of up to $812 million from the Trump administration to produce essential...

They Took a Job Never Existing in Greater Richmond Before – Building Medicine

Civica is Rallying Leaders to Make Affordable Insulin by 2024

SOURCE BioSpace by Heather McKenzieImage by CivicaRXCivica is Rallying Leaders to Make Affordable Insulin by 2024 "The availability of Civica’s affordable insulins will benefit people with diabetes who have been forced to choose between life-sustaining medicines and...

Going with the Phlow

Virginia Economic Review

SOURCE Virginia Economic Development PartnershipVirginia Economic Review "This issue of Virginia Economic Review explores the life sciences industry in Virginia, including public and private research and development, medical laboratories, pharmaceutical and equipment...

Going with the Phlow

A Supply Chain Reaction

SOURCE Virginia Economic ReviewA Supply Chain Reaction "Richmond and Petersburg host a new pharmaceutical cluster making essential medicines with innovative techniques." Read More

Civica Plans to Provide Insulin at No More than $30 per Vial

Civica Plans to Provide Insulin at No More than $30 per Vial

SOURCE BioSpace by Mark Terry"The organization announced its intentions to manufacture and distribute insulins that will be available to individuals with diabetes at lower prices than those presently on the market. Civica is working with partners CivicaScript and The...

GO Virginia FAME program builds regional workforce

GO Virginia FAME program builds regional workforce

SOURCERichmond Times-Dispatch by Mark HouriganImage byMark Gormus/Times-DispatchMark Hourigan column: GO Virginia FAME program builds regional workforce "With GO Virginia funding, the Commonwealth Center for Advanced Manufacturing, together with Richard Bland College...

Filling the nation’s need for essential medicines

Filling the nation’s need for essential medicines

SOURCE Richmond Times-Dispatch by Chandra BriggmanImage by Getty ImagesChandra Briggman column: Filling the nation's need for essential medicines "The Build Back Better Regional Challenge is a historic grant competition issued by the U.S. Economic Development...

Going with the Phlow

Activation Capital partners with Opportunity Hub to expand

SOURCE Activation CapitalImage by Activation CapitalActivation Capital Partners With Opportunity Hub On Racial Equity Initiative To Expand High-Growth Company Building "Activation Capital, a leading entrepreneurship and ecosystem development organization based in...

Petersburg aims to become pharma hub

Petersburg aims to become pharma hub

SOURCE Virginia Business by Rich GrisetImage by Phlow CorporationEconomic healing Petersburg aims to become pharma hub "In November 2021, S&P Global Ratings raised the city’s bond rating three places, from BBB+ to an A+. Moody’s Investors Service also increased...

Two VA projects are finalists for $100M U.S. EDA grants

SOURCE Virginia Business by Katherine SchulteTwo Va. projects are finalists for $100M U.S. EDA grants Proposals are two of 60 "Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and...

API Development: A Core Pharma Cluster Strength

API Development: A Core Pharma Cluster Strength

SOURCEVirginia's Gateway Regionby Logan BarryImage by VGRAPI Development: A Core Pharma Cluster Strength "Both, the research & development and continuous processing technology for scale-up, “Advanced Pharmaceutical Manufacturing,” are already in place for the pharma...

Mining Pharma’s Reshoring Rush

The U.S. needs to reimagine its pharma supply chain

SOURCE Harvard Business Review by Eric EdwardsImage byMirageC/Getty ImagesGroups make own drugs to fight high prices, shortages: 'It's been a real game changer' "The pandemic has only exacerbated a previously existing problem: U.S. dependence on foreign manufacturers...

How pharmaceutical innovation is transforming Petersburg

How pharmaceutical innovation is transforming Petersburg

SOURCE LivabilityImage byPhlow CorporationHow pharmaceutical innovation is transforming Petersburg "From targeted agents used in precision medicine to broad spectrum treatments addressing common conditions, advanced pharmaceutical manufacturing changes lives....

Manufacturing: the jobs multiplier

Manufacturing: the jobs multiplier

SOURCE Business FacilitiesImage byEnterprise FloridaManufacturing: The Jobs Multiplier "For the past decade, manufacturing has accounted for approximately 8.7 percent of overall U.S. employment—this represents more than 12.3 million jobs at the end of 2020. The...

Petersburg set to benefit from $354M federal pharma contract

Petersburg set to benefit from $354M federal pharma contract

SOURCE Progress-Index by Sean JonesImage by The Progress-Index Leilia MageePetersburg set to benefit from $354M federal pharma contract "Amid the months-long, and still continuing, COVID-19 crisis came a buoy of hope that could help the nation heal after months of...