Economic development officials in Scranton are working to lure biotechnology companies into northeastern Pennsylvania, and they're building a new business incubator to aid in that task.
New and expanding businesses in the central and northern parts of the state now have more of a shot at getting the money they need to reach their goals.
The Good Shepherd Rehabilitation Network, based in Allentown, is the third place in the country to receive a bionic device that enables wheelchair users to walk.
Mihir Shah came from India in 1997 seeking to make a big impact and is closer than ever thanks to his relentless pursuit of more effective breast cancer diagnostics.
Fresh off a $7 million round of Series A financing, Richard Woodward says without hesitation that the company he co-founded, Vascular Magnetics, would not exist without the first-of-its-kind QED Proof of Concept Funding Program.
While the city seems mired in finger-pointing, there are indicators, including a commercial real estate development expected to provide 4,100 jobs, pointing toward recovery.