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Drug manufacturer to open $50 million site in Rockford – Crain’s Chicago Business

Drug manufacturer to open $50 million site in Rockford – Crain’s Chicago Business

by John Conrad | Mar 16, 2023 | iBIO in the News

PCI Pharma Services, a Philadelphia contract drug manufacturer, is investing $50 million into a new manufacturing facility in Rockford that’s expected to create about 250 jobs. The 200,000-square-foot site will enhance the company’s ability to create a...
How a budding life-sciences sector may impact Chicago real estate in 2023 – Chicago Business Journal

How a budding life-sciences sector may impact Chicago real estate in 2023 – Chicago Business Journal

by John Conrad | Feb 16, 2023 | iBIO in the News

Another biotech startup announced plans to move into downtown Chicago this week in just the latest addition to the city’s burgeoning life-sciences sector — an industry that may help reshape Chicago’s real estate coming out of Covid. Arriving in the Windy...
It takes a village to get more students interested in science, technology

It takes a village to get more students interested in science, technology

by John Conrad | Dec 2, 2022 | iBIO in the News, iBIO News

Falling behind in education jeopardizes the future competitiveness of the region and country, especially in STEM fields where the U.S. already lags some other nations. In Illinois, only 25.8% of students in grades 3-8 met or exceeded state standards in math, down 6.2%...
Illinois’ bioscience sector grows on key metrics – Crains Chicago

Illinois’ bioscience sector grows on key metrics – Crains Chicago

by John Conrad | Oct 31, 2022 | iBIO in the News

Illinois’ bioscience industry has seen major growth in recent years as government grants and private investors have pumped money into the sector, according to a new report. But a shaky economy and venture-capital slowdown this year will likely hamstring...
Illinois’ bioscience sector grows on key metrics – Crains Chicago

Adding life to the economy: Growing biosciences industry diversifies Illinois’ business community

by John Conrad | Oct 17, 2022 | iBIO in the News

Let’s talk about jobs. And the life sciences industry. And Illinois’ economy. And let’s link those three, because the life sciences industry is going through a boom right now — Oak Brook-based commercial real estate company CBRE calls it the...
Amid declining venture-capital activity, investors flock to health care – Crains Chicago

Amid declining venture-capital activity, investors flock to health care – Crains Chicago

by John Conrad | Oct 17, 2022 | iBIO in the News

Amid waning venture-capital activity in Illinois and across the country this year as macroeconomic conditions deter investors from cutting checks to startup companies, health care businesses appear to be attracting the most investor interest. Of the 10 largest VC...
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