Louis P. Kassa III, chief executive officer of the Hepatitis B Foundation, Baruch S. Blumberg Institute and Pennsylvania Biotechnology Center (PABC) was chosen by the Philadelphia Business Journal for its Power 101 list, which was being released last week.
Kassa became named CEO of the organizations on July 1, succeeding co-founder Timothy M. Block, PhD. In 2019, Dr. Block was named by the Philadelphia Business Journal to its Power 100 list.
The magazine noted that Kassa not only led a major expansion at the PABC’s Doylestown campus and attracted new companies nationally, he partnered with Brandywine Realty Trust to open B+labs at Cira Centre in Philadelphia last year.
Dr. Block said Kassa has been instrumental in bringing innovators and technology from the San Francisco Bay Area, Boston and North Carolina to Bucks County and Philadelphia. “That’s getting noticed and has reversed a trend, having energy and investment coming in this direction rather than leaving the region,” he said.
The PABC has nearly 100 member companies, mostly small to mid-size science, research and pharmaceutical companies. Nearly 50 of those companies have operations on the Doylestown campus.
It is home to the Hepatitis B Foundation, which operates globally, and the Blumberg Institute, which is the foundation’s research arm.
PABC companies have produced drugs approved by the U.S. Food and Drug Administration and medical devices, and a recent economic study found that the PABC’s economic impact exceed $7.3 billion during the period 2016-2021.
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Savant Wealth Management, a nationally recognized, fee-only registered investment adviser (RIA) with an office in Doylestown, recently announced that Myles Cavell has joined the firm as director of new partner optimization, and that Brad Felix, CFA, has joined as director, Ideal Futures Platform.
Cavell has more than 15 years of experience with strategic problem solving and building effective business processes. Most recently he served as regional director for M&A Integrations for Edelman Financial Engines.
Felix joins Savant after serving as director of innovation for Truepoint Wealth Counsel, a fee-only, fiduciary financial advisory firm in Cincinnati, Ohio. He is also the founder of Commas, a fee-only RIA in the Cincinnati area.
Earlier this month, Savant announced that Patrick Lawlor joined Savant as head of mergers and acquisitions, part of the firm’s efforts to expand its M&A activity in 2023.
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Berkshire Hathaway HomeServices Fox & Roach, Realtors/The Trident Group congratulates CEO Larry Flick, V, President Joan Docktor, SVP of Digital Marketing & Innovation Rajeev Sajja, and Yardley-Newtown sales professional, Becky Markowitz for being recognized as RISMedia’s 2023 Newsmakers.
RISMedia’s Real Estate Newsmakers recognizes those who are making headlines as a result of their newsworthy contributions to the real estate industry, and their efforts to positively affect the consumers and communities they serve. Flick has been recognized as a Trailblazer, Docktor as a Crusader, Sajja as a Futurist and Markowitz as a Crusader.
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Dave Marcolla, a veteran Realtor in the Newtown area with more than 20 years of sales, marketing and financial services experience, has announced the opening of his new real estate brokerage, Marcolla Realty at 444 S. State St., Newtown.
Marcolla was a marketing professional for Fortune 50 corporations that included AT&T and Comcast, prior to becoming a Realtor.
During his first year in real estate, Marcolla generated nearly $3 million in sales. At the close of 2022, Marcolla and the real estate group he led closed $78 million in transactions for properties in and around the Newtown.
He has lived in — and restored — homes in Bucks County and Central New Jersey for more than 20 years.
Marcolla serves as chairman of the Newtown Business Association and chairman of the board at the Cancer Support Community Greater Philadelphia.
Marcolla earned his bachelor’s from Bloomsburg University and an MBA from La Salle University. He is a graduate of the Princeton School of Real Estate and earned a certificate from The Wharton School.
Joining Marcolla to launch his brokerage are Realtors Melissa Watson and Peter Vogel. The brokerage is hiring for additional sales roles. An official grand opening of the new office is planned for spring.
Newtown Business Association’s March Member Breakfast will take place from 7:45-8:45 a.m. Thursday, March 23, at WSFS Bank, 34 S. Sycamore St. in Newtown.
The sponsor is Shani Patel - Tech Polygon, and the speaker is Matt Goerke - The Memory Switch.
Space is limited to 35 members; RSVP at newtown.ba.org.
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