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Area Development - Site Selection, Facility Planning and Workforce Development

First Ascent Biomedical Plans Erie, Pennsylvania, Research Operations

03/31/2025
Medical oncology company First Ascent Biomedical plans to establish operations in Erie, Pennsylvania. The $1.13 million project is expected to create 38 jobs.

The investment will include the lease of 5,000 square feet of laboratory and office space from Gannon University.

“We are thrilled that the state of Pennsylvania is supportive of our mission to drive innovation in the cancer treatment process,” said Jim Foote, CEO of First Ascent Biomedical. “Governor Shapiro’s leadership on this issue is an important demonstration of the role that a state can play in radically improving outcomes, lowering treatment cost and improving patient, family and provider experience during the treatment journey.”

The project is being supported by incentives from the Pennsylvania Department of Community and Economic Development.

“We couldn’t be more thrilled to support this new partnership between First Ascent and Gannon University. Projects like this underscore the impact the Life Science sector has across the Commonwealth,” noted DCED Secretary Rick Siger. “Governor Shapiro’s proposed 2025-26 budget doubles down on our commitment to growing that sector with a new, $50 million innovation fund that will support businesses like this that save lives and strengthen our economy.”

First Ascent Biomedical offers companion diagnostic testing supporting precision oncology, using AI-enhanced Functional Precision Medicine (FPM), a combination of functional drug testing and genetic analysis to revolutionize cancer treatment.

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