From the Philadelphia Business Journal

FDA decision on Jazz Pharmaceuticals narcolepsy drug expected Wednesday
Tuesday March 19th, 2019 03:09:22 PM John George
The Food and Drug Administration is expected to make a decision by Wednesday on a new drug application filed by Jazz Pharmaceuticals for its experimental narcolepsy drug solriamfetol.The FDA was originally set to make a ruling on the application in late December, but its review was extended by three months after the federal agency determined an submission made by Jazz during discussions regarding draft labeling for solriamfetol constituted a "major amendment" to its application. That resulted in…
Martelli out as head coach of St. Joseph's basketball team
Tuesday March 19th, 2019 03:02:30 PM John George
St. Joseph's University has fired Phil Martelli as head coach of its men's basketball team, a position he has held since 1995. The St. Joseph's Hawks have posted losing records the past three season and last reached the NCAA men's basketball tournament in 2016.Martelli's best season was 2004 when the Hawks made it to the NCAA Tournament's Elite Eight and spent part of the season as the country's top ranked team. He was named national coach of the year that season.In a letter to the Saint Joseph's…
Commercial real estate shake up: JLL to buy HFF
Tuesday March 19th, 2019 02:05:34 PM Natalie Kostelni
Jones Lang LaSalle Inc. will acquire HFF in a $2 billion deal that will merge two large commercial real estate brokerages. Both JLL and HFF have a presence in the Philadelphia area. JLL has been in Philadelphia for more than two decades. HFF hasn't been in the market for as long, but the firm has grown its local office in recent years, bringing in brokers to bulk up its reach. Last year, the Philadelphia office of JLL ranked No. 2 on the Business Journal's annual list of commercial real estate…
Exclusive: Janney Montgomery Scott to buy Atlanta investment banking firm
Tuesday March 19th, 2019 01:00:00 PM Jeff Blumenthal
FIG Partners brings focuses on the community bank sector, something Janney de-emphasized seven years ago.
Bart Blatstein's secret A.C. casino concept gets a green light
Tuesday March 19th, 2019 11:23:42 AM
Philadelphia developer Bart Blatstein says he believes Atlantic City can support a new casino concept. He's just not saying exactly what it is yet. The Showboat Atlantic City casino took its last wagers in 2014. Blatstein bought the Showboat two years later for $23 million and turned it into a non-gambling hotel with 852 rooms. By February 2018, Blatstein was moving toward re-opening the casino. In June, the Showboat increased in size by more than half again, upping its room number to 1,331 on…
How much revenue Pennsylvania got from sports betting so far
Tuesday March 19th, 2019 09:57:00 AM Kenneth Hilario
Gaming operators in Pennsylvania have so far raked in millions of dollars in revenue from sports wagering, generating hundreds of thousands of dollars in state and local taxes.The Penn National Gaming-owned Hollywood Casino in Dauphin County in November 2018 became the first Pennsylvania gaming property to begin sports betting, months after the U.S. Supreme Court earlier in May struck down the federal ban against it.Other Philadelphia-area properties, including SugarHouse Casino — the first…
How healthy is your county? (Gallery)
Tuesday March 19th, 2019 07:00:00 AM John George
Philadelphia is again the unhealthiest among Pennsylvania's 67 counties, according to the "County Health Rankings & RoapMaps" report issued Tuesday by the Robert Wood Johnson Foundation and the University of Wisconsin Population Health Institute.The annual county-by-county rankings take into consideration a variety of factors for the analysis, including health outcomes, health behavior, clinical care, social and economic determinants and physical environment. Philadelphia's low score reflects…
Berywn biopharm firm taking on Parkinson's, Alzheimer's raises $530K
Monday March 18th, 2019 08:00:00 PM John George
QR Pharma has now raised more than $4.5M since the start of 2010 through stock and debt sales.
Cirque du Soleil will return early to Montco this summer
Monday March 18th, 2019 06:05:07 PM Kenneth Hilario
Cirque du Soleil is coming back to the Philadelphia region one year earlier than originally planned with a whole new production.The Canadian company nixed the one-year hiatus thanks to impressive numbers its first major show in the region generated.Cirque du Soleil since its creation in 1984 has been to Philadelphia 16 times, but in 2018 it made its Montgomery County debut with the "Volta" production in a Big Top tent next to the Greater Philadelphia Expo Center in Oaks.Cirque wasn't contracted…
Comcast aims to build a global video advertising platform
Monday March 18th, 2019 06:03:50 PM Michelle Caffrey
Ever since Comcast won the fight to acquire European satellite giant Sky last fall, analysts have questioned how it could justify the $40 billion price tag. The Philadelphia-based company’s announced one potential answer Monday. Comcast's NBCUniversal said it’s unifying its advertising services with Sky’s and ramping up technology across the two in a play to create a global advertising structure. The move combines the powers of both companies’ targeted advertising platforms, Sky’s AdSmart…

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