Radnor
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Inspired by Radnor High School, ‘Grease’ to Return to Big Screen for 40th Anniversary
Danny Zuko and Sandy Olsson will once again fall in love on big screens across the country, as Grease, the world-famous musical that was inspired by Radnor High School, is returning to theaters for its 40th anniversary, writes Nick Vadala for the Philadelphia Inquirer. The movie was originally released four decades ago on June 16,…
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New CEO of Radnor-Based Qlik Plans to Focus on Large, Enterprise Clients
Mike Capone, the new CEO of Qlik, plans to scale the Radnor company and primarily focus its operation on large, enterprise clients, writes Michelle Caffrey for the Philadelphia Business Journal. Qlik, which was founded in Sweden in 1993 before it was moved to Radnor 12 years ago, employs more than 2,000 people worldwide. Capone’s appointment…
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Radnor Startup Develops Therapies for Rare Conditions with No Current Treatment
Radnor startup Palvella Therapeutics is tackling rare conditions that currently have no approved treatment, writes John George for the Philadelphia Business Journal. The company was founded by Wes Kaupinen three years ago. Before that, he helped launch life sciences companies as a venture capitalist. Palvella means “to serve” in Finnish, a tribute to Kaupinen’s ancestry.…
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Four Delco Municipalities Among 2018’s Best Places to Live in Pennsylvania
Four Delaware County municipalities rank among the Top 25 on 2018’s Best Places to Live in Pennsylvania, according to Niche.com. The rankings are based on data from a number of sources, including the U.S. Census, FBI, and Bureau of Labor Statistics. Key factors in the rankings include the level of education, cost of living, housing,…
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Penn Medicine Moves Closer to Building New Facility in Radnor
The University of Pennsylvania Health System received preliminary approval to build a $200 million medical facility in Radnor, writes Natalie Kostelni in the Philadelphia Business Journal. The health system purchased a 35-acre property at 145 King of Prussia Road three years ago. It hopes to obtain final approval for its plans in late spring and…
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One of Region’s Most Successful Investors to Run for Seat on Safeguard’s Board
Ira Lubert, one of the most successful private investors in the Philadelphia area, is one of a group of candidates who plan to run for Safeguard Scientifics’ board seats, writes Joseph DiStefano for the Philadelphia Inquirer. Lubert will join Safeguard Scientifics shareholder Darren Wallis and investors Russell Glass and Paul McNulty in vying for the…
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San Francisco-Based Syapse Expands Presence in Radnor
Syapse, a medical technology company from San Francisco that specializes in precision oncology, is expanding its Radnor presence, writes John George for the Philadelphia Business Journal. The company aims to double its workforce in the area from 15 to 30 this year. “Our goal is to make precision medicine available to every cancer patient who…
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Radnor-Based VWR Foundation to Donate $50,000 to St. Jude Children’s Hospital
The VWR Foundation celebrated the VWR salesforce at the company’s 2018 Americas Sales Conference, and the foundation, which is dedicated to giving back to the science community, will be donating $50,000 to St. Jude Children’s Research Hospital. VWR, acquired by Avantor in 2017 as a wholly-owned subsidiary and leading global provider of product and service…
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Investors in Radnor’s Safeguard Scientifics Ask for Leadership Overhaul
Yakira Capital Management, which holds 2.41 percent of the shares of Safeguard Scientifics, is calling for a leadership overhaul at the Radnor-based venture capital firm, writes Roberto Torres for Technical.ly Philly. In a letter addressed to Safeguard chairman Robert Rosenthal published last week, the hedge fund criticized the publicly traded company. It stated that Safeguard…
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Radnor-Based Lincoln Financial Salutes Super Bowl Champions
The Radnor-based Lincoln Financial Group recently saluted the Philadelphia Eagles for winning Super Bowl LII in Minneapolis. Since the 2003 season, Lincoln has been the sponsor of Lincoln Financial Field – home of the Super Bowl champion Eagles. “Like all their fans, Lincoln Financial applauds the Eagles’ players, coaches, and staff for a well-deserved and…
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Target Coming to Devon Square Shopping Center in Radnor Township
Target has signed a lease with Metro Commercial Real Estate for a 57,640-square-foot location at the Devon Square Shopping Center, located in both Radnor and Tredyffrin townships on Lancaster Avenue. The 163,000-square-foot shopping center is anchored by national chains like Rite Aid and Acme Markets, along with supporting local retailers. The shopping center is currently…
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Qlik to Leave Delaware County, Relocate in King of Prussia
Qlik, a data analytics company based in Radnor, will relocate its headquarters to King of Prussia later this year, writes Natalie Kostelni for the Philadelphia Business Journal. The company signed a 10-year lease on 62,000 square feet of office space on South Gulph Road. The company will relocate about 300 employees. [uam_ad id=”52851″] Advertisement When…
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Four Delco High Schools Among State’s Top 50 in Highest SAT Scores
Radnor High School ranks among Pennsylvania’s highest-scoring public high schools on the SAT, according to a report in the Philadelphia Business Journal. Radnor checked in at No. 4 with a Mean Total of 1,264 on the Evidence-Based Reading & Writing and Math sections of the test. Strath Haven also cracked the Top 10, ranking sixth…
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Cabrini Professor Discusses the Power of Resiliency
Resilience is something that can be developed to help us bounce back from adversity, writes Colleen Lelli, an education professor at Cabrini, for the university’s magazine. Sheryl Sandberg, Facebook’s Chief Operating Officer, wrote this in the book – Option B: Facing Adversity, Building Resilience, and Finding Joy – she co-authored after her husband died. “Resilience…
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Former Radnor Commissioner Starts Record Label to Help Musicians Get a Fair Deal
John Fisher, the former commissioner of Radnor Township, has started a recording company, Winding Way Records, in Newtown Square to help other musicians get a fair deal, writes Linda Stein for Main Line Media News. “What motivated me to do this was watching all my friends who were major label stars and had no money…
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Lincoln Financial’s CEO Expects Multibillion-Dollar Insurance Acquisition to Spur Growth
Radnor’s Lincoln Financial Group recently announced its intent to pay $3.3 billion to buy Liberty Life Insurance from Liberty Mutual Insurance Group, writes Jessica Seaman for the Philadelphia Business Journal. According to Lincoln Financial President and CEO Dennis R. Glass, the acquisition will enable Lincoln Financial to scale its business and add to its range…
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Radnor Startup Hopes to Deliver First American-Made Smart Gun by Next Year
Radnor’s LodeStar Firearms has been attempting to raise $5 million to design the first American-made smart gun by next year, writes Erin Arvedlund for the Philadelphia Inquirer. The startup is working on a nine-millimeter pistol that uses radio frequency ID technology to provide an additional layer of safety for users. Without the programmed ID token,…
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Radnor’s Safeguard Scientifics Shifts Focus, Lays Off Half of Its Staff
Radnor’s Safeguard Scientifics has laid off half of its staff as part of cost-cutting measures and a change in business strategy, writes Michelle Caffrey for the Philadelphia Business Journal. The decision comes after the investment firm conducted an extensive review and assessment of its available options to increase shareholder value. “As we evaluated the best…
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