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Seven early-stage health companies selected for Pittsburgh's inaugural AlphaLab Health accelerator cohort

Seven early-stage health companies selected for Pittsburgh s inaugural AlphaLab Health accelerator cohort
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Innovation Works and Allegheny Health Network today announced seven companies selected for the inaugural class of AlphaLab Health, a newly created business accelerator the two organizations launched this year to provide promising health-care and life-sciences businesses with the resources and support they need to grow and thrive.
Dr. Jeffrey Cohen, Chief Physician Executive for Community Health and Innovation at Allegheny Health Network (AHN)
“This is a unique collaboration between two world-class organizations, and the first cohort marks a key milestone for our partnership and for the region’s life-sciences community. Dr. Jeffrey Cohen, Chief Physician Executive for Community Health and Innovation at AHN. ....

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Blind Tiger Pounces on BIG IDEAS Top Prize

Blind Tiger Pounces on BIG IDEAS Top Prize
Line of spirit-free to-go cocktails wins regional pitch competition
by Matt Swanseger
After winning the Northwest Pennsylvania region of Ben Franklin Technology PArtners annual BIG IDEAS pitch competition, Blind Tiger is primed to see the light.
Named after a pre-Prohibition term for a speakeasy or illegal gambling hall, Blind Tiger Spirit Free Cocktails are a line of organic, all-natural cocktail alternatives conceived by Room 33 s Rebecca Styn (owner), Lizzy Heffernan (events manager and bartender), and Shawn McCall (general manager). Each beverage the Ward 8, Bees Knees, Sidecar, Southside will be non-alcoholic and shelf-stable for up to 18 months. ....

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Silverstein, Cantor Fitzgerald Buy Massive Life Sciences Development In Philly

Silverstein, Cantor Fitzgerald Buy Massive Life Sciences Development In Philly
Two powerhouses of New York real estate have bought into Philadelphia’s booming life sciences market in a big way.
A joint venture of Silverstein Properties and Cantor Fitzgerald has purchased a majority ownership stake in 3.0 University Place, the forthcoming lab and office hub that was being developed by University Place Associates. Silverstein and UPA will be equal partners in developing the property, UPA said in a press release on Wednesday.
Courtesy of University Place Associates
A rendering of 3.0 University Place, a life sciences development in University City, Philadelphia.
The Silverstein/Cantor Fitzgerald JV paid $56M for 90% ownership of 3.0 University Place. University Place Associates, which will retain the final 10% piece of ownership, marketed the equity investment opportunity through JLL Capital Markets Managing Dire ....

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