First Ascent Biomedical Plans Erie, Pennsylvania, Research Operations
03/31/2025
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.
Project Announcements
Kimberly-Clark Expands Aiken County, South Carolina, Distribution Operations
05/04/2025
Aerowerks Plans Gaffney, South Carolina, Manufacturing Operations
05/04/2025
Sweden-Based Troax Group Plans Portland, Tennessee, Manufacturing Operations
05/04/2025
Kimberly-Clark Corporation Plans Warren, Ohio, Manufacturing Operations
05/04/2025
Denmark-Based Novonesis Expands Salem, Virginia, Production Operations
05/04/2025
Polyvlies USA Expands Winston-Salem, North Carolina, Manufacturing Operations
05/04/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024