Q3 Newsletter 2025
Q3 Newsletter 2025

President’s Message
While it’s no secret the first half of the year came with uncertainty in federal policy and the funding environment, we closed Q3 at our annual Life Sciences Future conference with nearly 600 registrants armed with new connections and optimistic agendas for the rest of the year. It wasn’t until the turn of the third quarter that the headlines began to flip in our favor, with positive momentum on the SBIR/STTR and Pediatric Priority Review Voucher Program reauthorizations.
From the haphazard decisions coming out of the White House in the first two quarters, to the continued push for an innovation fund in the 2025-2026 Pennsylvania budget, one thing stayed consistent: our membership continued to grow at a steady rate, with 92 new members as of September 30. This tells me one thing – our members trust us to fight through the noise in Harrisburg and D.C. to advocate for the best policies to support the industry and their growing businesses.
I spoke about this at the Life Sciences Future annual meeting at the end of September, where hundreds of attendees heard from experts on hot topics like the state of the industry, using AI in business development, updates from the FDA, and how our work affects patients directly. We heard from investors on the funding landscape and how organizations can be found, and what the rest of 2025 could bring. The conference also laser-focused on partnering, with more than 200 partnering meetings held over the two-day event between small companies, strategics, and global investment organizations.
The connections don’t stop in October, with exclusive opportunities for CEOs and Senior Finance Executives to gather for CEO and CEO/CFO Dinners, patient advocates to join us for the Patient Summit, and the entire community to come together in Pittsburgh and King of Prussia for our annual holiday events. We are keeping our foot on the gas and hope to close out the year strong.
This quarter’s edition of The Newsletter offers a glimpse into the work being performed by your trade association, Life Sciences PA.
Thank you for your continued support.
All the best,
Christopher Molineaux
President & CEO
Life Sciences Pennsylvania
Advocacy
Please visit the Advocacy Action Center to weigh in with your state and federal representatives, on the importance of the Governor’s investments in the life sciences and innovation and proposals to alter NIH funding, respectively.

Government Shutdown 10/01/2025
Congress was unable to reach a consensus on funding the government past the September 30 deadline, and the federal government shut down at 12:01 a.m on October 1. As of the release of this Newsletter at 10:00 a.m. on October 3, the government remains in a shut down. Members of LSPA will be notified with updates regularly on this matter with emails from advocacy@lifesciencespa.org.
SBIR/STTR Reauthorization
Funding for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs is an essential source of early-stage capital that helps life sciences startups translate research into novel medicines and technologies. Last year, Pennsylvania received 226 awards totaling almost $134 million.
On September 9, The U.S. House of Representatives Committee on Small Business voted in a bipartisan and unanimous manner (27-0) to favorably report out of committee INNOVATE Act, H.R. 5100 ,a “clean” one-year extension of the SBIR and STTR programs by striking the current deadline of September 30, 2025 and replacing it with September 30, 2026. Pennsylvania legislators on the Committee on Small Business include Representatives Meuser and Bresnahan, both of whom voted in support of this legislation.
On September 15, the full U.S. House of Representatives passed the bill under “suspension of the rules,” which is a procedural motion that is used to quickly pass legislation that is non-controversial. On September 17, Life Sciences PA participated in a Washington, DC based Congressional Briefing, “Safeguarding Innovation: NIH & SBIR in the Life Sciences,” to underscore the importance of the SBIR/STTR for our membership.
The Senate version of the Innovate Act (S.853 – INNOVATE Act) SBIR/STTR Legislation is currently STALLED in the US Senate. We encourage you to contact Pennsylvania’s US Senators Fetterman and McCormick– via our Advocacy Action Center – to ensure they understand the importance of this program to Pennsylvania’s life sciences community.

Washington, D.C. – Larry Zana, CEO of Consegna Pharma, participates in a congressional briefing on the importance of the SBIR/STTR programs.
Appropriations Update
The U.S. House Appropriations Committee marked up the FY 2026 Labor, Health and Human Services, Education and Related Agencies appropriations bill. Despite the cuts recommended by the Administration, this bill maintains current funding levels for the National Institutes of Health (NIH) at $46.9 billion for FY26. The allocations out of the Senate Appropriations process are increased very slightly over current base funding levels.
Pennsylvania members on the Appropriations Committee include Congresswoman Madeline Dean and Congressman Guy Reschenthaler. The measure was approved by the Committee with a vote of 35 to 28. Congressman Reschenthaler voted in favor of the funding bill; Congresswoman Dean voted against the funding bill.
The NIH is the world’s leading funder of biomedical research and in 2024 Pennsylvania received more than $2 billion in NIH funding. These resources form the foundation of the commonwealth’s robust life sciences ecosystem and contribute to the discovery and development of breakthrough therapies and cures for patients. As discussions continue around the federal government budget for FY2026, Life Sciences PA urges its members to make the case to the PA congressional delegation for continued, strong investment in NIH funding. To do so, please visit our Advocacy Action Center. The appropriations legislation has not yet been brought to the House floor for a full vote.
Rally for Medical Research and Allegheny Conference on Community Development Meetings with Pennsylvania Members of Congress
Pennsylvania once again had a large presence on Capitol Hill as part of the Rally for Medical Research, led by the Pennsylvania-based American Association for Cancer Research. Life Sciences PA was honored to participate in this annual event and to lead a group of Pennsylvania patients and researchers encouraging Congress to support the highest possible appropriation increase recommended by the medical research community and to complete the FY2026 appropriations process in a timely manner to avoid additional disruptions to the life sciences ecosystem. Members of Life Sciences PA were among 400 advocates in Washington, DC sharing their stories of NIH fueled progress in treatments and therapeutics from Alzheimer’s to cardiovascular disease and cancer.
Similarly, Life Sciences PA was pleased to partner with partner organizations across the state, led by the Allegheny Conference on Community Development, to meet with legislators in Congress and their staff in support of policies that incentivize life sciences research and development.

Washington, D.C. – Lara Flynn and other LSPA Members meet with U.S. Representative Scott Perry (R-PA-10)during the Rally for Medical Research.
Ensuring Patient Access to Critical Breakthrough Products Act (HR 5343)
In late September, both the Ways & Means Committee and the Committee on Energy and Commerce in the U.S. House of Representatives held hearings on H.R. 5343, the Ensuring Patient Access to Critical Breakthrough Products Act. This legislation provides Medicare coverage for medical devices approved through the FDA’s Breakthrough Devices Program. Without this legislation, devices receiving the Breakthrough Device designation and approval must often wait upwards of two to three years for payment codes from the Centers for Medicare and Medicaid Services. Without this legislation, patients in Medicare face coverage and reimbursement delays in access to life-changing innovations. Life Sciences PA is encouraged to see this legislation move through the Committee process and urges House leadership to move swiftly to pass this bill.
Workforce Development Partnership
Over the summer, Life Sciences PA joined the Life Sciences Workforce Collaborative as a partner working alongside state trade associations from across the country to build a competitive workforce that will ensure the United States’ leadership in life sciences innovation.
Pediatric Priority Review Voucher (PPRV) Reauthorization
Wednesday, September 17 the House Committee on Energy and Commerce voted in a unanimous and bipartisan manner (47-0) to favorably report out of committee HR. 1262, Give Kids a Chance Act of 2025 which included language to reauthorize the Pediatric Priority Review Voucher program. The Rare Pediatric Disease Priority Review Voucher Program (PPRV) incentivizes the development of novel therapies to treat rare pediatric diseases. This program was not reauthorized by the end of 2024 and has therefore expired. This legislation has bipartisan co-sponsorship of 15 legislators in the Pennsylvania Congressional delegation. Pennsylvania’s sole member on the Committee is Representative John Joyce, M.D. who has championed this legislation and voted in support of the bill. The reauthorization of this vital program would be extended to September 30, 2029. The full US House of Representatives has not yet voted on this legislation. The Senate version of Give Kids a Chance Act of 2025 (S.932) was introduced in March and is awaiting any movement from the Senate HELP Committee.

Pennsylvania Budget Update
Pennsylvania’s budget is now three months past its due date, although there has been some positive movement towards a budget resolution. The issue of transit funding, a major issue in budget negotiations, was resolved as SEPTA has been authorized to draw down almost $400 million in capital funds. Despite this apparent movement, details on any kind of potential deal remain scarce, with both chambers set to return to voting session Monday, October 6.
As negotiations continue, Life Sciences PA will keep its Members apprised of any developments. Additionally, LSPA remains steadfast in its advocacy for programs that incentivize investment in Pennsylvania’s life sciences community, such as the Governor’s life sciences and innovation fund, expanding the Research & Development Tax Credit, and creating a state SBIR/STTR matching program, among other priorities.
Senate Bill 381
Senate Bill 381 (otherwise known as the “Beagle Bill”) passed the Pennsylvania Senate September 10. The legislation sought to further regulate the utilization of animal subjects in medical research. The initial bill contained provisions that would have inhibited the ability of our member organizations to conduct research and development beneficial for human and animal health. Life Sciences PA and several stakeholder groups and organizations were able to arrive at compromise language that ensures continued life sciences innovation while further protecting animals utilized in this process. The bill moved to the Pennsylvania House of Representatives and has been referred to the House Judiciary Committee.
State Board of Pharmacy and Vaccine Guidance
In response to the announcement that Emergency Use Authorizations for COVID-19 vaccines were terminated, the Shapiro administration called for a special meeting of the State Board of Pharmacy. In that meeting the Board of Pharmacy voted unanimously to approve additional authorities that pharmacists can consult for vaccine guidance. Prior to that, the only workaround was for patients who wanted a COVID vaccine to present a prescription. Additional guidance refers to recommendations from the American Association for Pediatricians, American Academy of Family Physicians and the American College of Obstetricians and Gynecologists. This represents an important step by state government to ensure continued access to COVID vaccines amid uncertain messages from the U.S. Department of Health and Human Services.
Additionally, after the most recent meeting of the Center for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP), the Pennsylvania Department of Health issued new recommendations expanding the list of organizations Pennsylvanians and their doctors should consult for vaccine guidance.
Life Sciences PA appreciates the work of the Shapiro Administration to protect public health and ensure vaccine access to Pennsylvanians amid uncertain messages from the federal government.

Senator Pennycuick and Senate Majority Policy Committee Chair Argall tour Rockland Immunochemicals in Limerick, Montgomery County.
Senate Majority Policy Committee Visit to Rockland Immunochemicals
July 28, 2025
Rockland Immunochemicals hosted Senator Tracy Pennycuick (R-24) and Senate Majority Policy Committee chairman, Senator Dave Argall (R-29) Monday, July 28. Life Sciences was honored to participate in this tour and appreciated the interest and engagement of Senators Pennycuick and Argall in the commonwealth’s life sciences ecosystem. Tours and direct discussions with life sciences companies are the best way for legislators to understand this vibrant and complex component of Pennsylvania’s economy, and to better understand how state government can contribute to the development of this innovative industry.
B. Braun Expansion
September 18, 2025
Life Sciences PA was honored to join Governor Shapiro at B. Braun Medical on September 18, 2025, in Allentown. At the event, B. Braun CEO Rob Albert announced a $20 million investment in expanding their production facility, which is expected to create more than 200 new jobs in the Commonwealth. The Governor expressed his administration’s partnership in this investment through several economic development programs and celebrated this important growth in Pennsylvania’s life sciences ecosystem.

Allentown, PA – Governor Shapiro speaks at B. Braun during a press conference to announce a $20 million expansion at their facility.

Collegeville, PA – Christopher Molineaux provides an overview of Pennsylvania’s life sciences ecosystem to legislators and stakeholders at a Policy Roundtable
Pennsylvania Economic Competitiveness Policy Roundtable
September 24, 2025
The newly formed Pennsylvania Economic Competitiveness Caucus hosted a policy roundtable at Pfizer in Montgomery County. The discussion focused on ways in which the General Assembly can incentivize investment in Pennsylvania’s life sciences ecosystem. This Caucus, which is bipartisan and bicameral, is hosting sector-specific discussions, like this one, to generate policy ideas that can obtain broad support from both the Pennsylvania House and Senate.
Thank you to two of the Caucus Co-Chairs, Representative Paul Friel and Senator Kristin Phillips-Hill, for leading the conversation. It was wonderful to be surrounded by many legislators as well as partners and members like the PA Chamber, Chester County Chamber, PACT, Johnson & Johnson, Spirovant, Medical Excellence Capital, Rockland Immunochemicals, Eli Lilly, Mineralys, Adare, and several others.

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Events

Life Sciences Future
September 25-26, 2025 | King of Prussia, PA
Life Sciences Future 2025 brought together leaders across Pennsylvania’s entire life sciences ecosystem for the state’s largest life sciences partnering event of the year. Held at the Sheraton Valley Forge Hotel, attendees engaged in expert-led panel discussions, fireside chats, and reverse-pitch presentations, gaining insights into early stage and strategic partnerships. Attendees also had the opportunity to use Life Sciences Future’s exclusive online partnering system, positioning users for long-term success and collaboration within the life sciences ecosystem.
PANEL DISCUSSIONS
FIRESIDE CHATS
REVERSE PITCHES
COMPANY PRESENTATIONS
PATIENT SPOTLIGHT
PARTNERING & NETWORKING
Executive Dinner
July 21, 2025 | Pittsburgh, PA
Life Sciences Pennsylvania hosted an Executive Dinner at the Energy Innovation Center, where attendees connected with peers from across the region over dinner and drinks. Featuring a discussion on the current state of the life sciences from a partner with Goldman Sachs, this evening was made possible with support from sponsors DLA Piper, Fisher Scientific, Faros Properties, and KPMG.
Open House
July 31, 2025 | King of Prussia, PA
Members and associates met at LSPA’s headquarters for a complimentary open house in the Life Sciences Center. Guests connected with professionals across the life sciences community and heard directly from S.A.V.E providers.
Meet the Leaders – A Leadership Panel
July 16, 2025 | King of Prussia, PA
Members gathered at the LSPA Headquarters in King of Prussia for an evening of networking and conversation with a panel of industry leaders who shared strategies on how to raise capital and gain visibility for startup companies. Featuring speakers from ImmuNovX Biotech, Ben Franklin Technology Partners of Northeastern Pennsylvania, and Nuvie Bio, this panel offered insights on partnering, collaboration, and finding the right match for growing organizations. Meet the Leaders ended with cocktails and networking as members formed new connections with the Life Sciences Future Planning Committee
All C Suite Breakfast
August 19, 2025 | Gladwyne, PA
Executives met at the Philadelphia Country Club for breakfast and a discussion on the strategic partnership between Ligand Pharmaceuticals and co-investors supporting Castle Creek Biosciences’ Phase 3 study in dystrophic epidermolysis bullosa (DEB). Attendees connected over how investment and collaboration strategies can accelerate innovation and improve patient outcomes.
LSPA Day at the Park
August 21, 2025 | Pittsburgh, PA
Members gathered at Federal Galley in Pittsburgh for a networking cocktail hour before heading to PNC Park to watch the Pittsburgh Pirates take on the Toronto Blue Jays. With food, drinks, and conversation, attendees enjoyed connecting with peers across the region.

Operator’s Manual – Digital Programs
Life Sciences PA continues our digital education series in 2025, with experts from cybersecurity, legal, fundraising, and drug development providing invaluable advice to members on best practices for their day-to-day operations.
Phase-to-Phase: The Guide to Drug Development
July 16, 2025 | Hosted Virtually
This complimentary digital series highlighted relevant strategies related to drug development and outsourcing for smaller companies. Phase to Phase continues to provide valuable insights for innovators in the life sciences community.
Finance Operations Series
July 24, 2025 | Hosted Virtually
Life Sciences Pennsylvania and KPMG co-hosted this digital event that explored the economic outlook and evolving landscaping impacting the life sciences. Attendees heard from industry professionals who shared timely insights and perspectives.
The Art of Fundraising
July 30, 2025 | Hosted Virtually
LSPA hosted a virtual session featuring Jonathan Steckbeck, MBA, PhD, CEO & Founder, and Nick Pachuda, DPM, COO of Peptilogics for The Art of Fundraising. Attendees gained insight into raising capital in today’s challenging environment, supported by the announcement of Peptilogics’ recent $77 million Series B2 fundraising to support the Pivotal Trial. Check out our events calendar for upcoming Art of Fundraising sessions!

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Welcome 2025 New Members!
Advanced Optronics Inc
Afton Consulting Group
AltruMed
Alvernia University
Aneurisk Inc.
Atomic Medical Innovations
Avalo Therapeutics, Inc.
Avilez Rocha Consulting LLC
Baxter Healthcare Corporation
Benchmark Products
BioAgilytix Labs, LLC
BioCentriq
Biocytogen
BioIVT
Biotech Law Center
CannonDesign
CGI
ChyloMetis, Inc.
CorriXR Therapeutics, Inc.
CRIO
Culture Biosciences
DermAb.io
Earable Intelligence
Echogenesis Therapeutics Inc.
Eigen X
ElevateBio
Every Cure
ExoBioMed LLC
FluidiSpec
Franklin Biolabs Inc.
Global Strategic Advisory LLC
Hayflick Partners LLC
HeadStrait Labs, Inc.
HIRE-IQ
Hot Metal Labs
Howson & Howson LLP
Immudex
InnSight Technology
Inspired Material Strategies, LLC
IT Services Group, LLC
Jeffrey Warden Design
John Sisk & Sons
JRF America
Jurata Thin Film, Inc.
Keele Advisory
Korion Health
L.E.K. Consulting
Leech Tishman
Legend Biotech
Lyophilization Technology, Inc.
Magnify Biosciences Inc.
McKinsey & Company, Inc.
MEDPIPE Maintenance Corporation
MedTech Dynamics, LLC
Menarini Silicon Biosystems, Inc.
Merlin Biotech
Mintellium Therapeutics
MLP Ventures
MoleculeDx Inc
Neovate Capital Partners
Nobias Therapeutics
NürnbergMesse Brasil – FEIRAS E CONGRESSOS LTDA.
Ok2StandUp Inc.
Oliver Design
Panther Life Sciences
Precision Neuroscopics Inc.
Premier Pharma Executive Talent Sourcing LLC
R3A Architecture
Ramius Services LLC
RheumaGen
RhyGaze Inc.
SciSure, LLC
SCSI Partners LLC
SeatonHill Partners
SERB Pharmaceuticals
Smerd Group
Snail Biosciences, Inc.
SOKOL GxP Services
Solaris Endovascular, Inc.
Sonura Care Inc.
Thaumazo Bioscience Management, Inc.
The Noramco Group
The Therapeutic Innovations Group
ToxiSense
Turnberry Solutions
University Place Associates
US Lab Partners
Vellum Biosciences, LLC
Viatris
Vibrant Biomedicines, Inc.
Wells Fargo Bank
Zegenex
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Life Sciences Pennsylvania was founded in 1989 by a biotech scientist at Penn State University. Today it has grown to represent the entire life sciences industry – medical device companies, pharmaceutical companies, investment organizations, research institutions, and myriad service industries that support the life sciences in Pennsylvania.