Philly Daily, where my Crime Beat column appears each week, reports that Governor Josh Shapiro announced on March 17th that the Commonwealth has secured a $450 million investment from nuclear science company TerraPower Isotopes to establish a radioisotope manufacturing facility in Philadelphia that supports the development of cancer-fighting drugs. The Commonwealth is investing $10 million to support this project, which will create 225 new full-time jobs over the next three years.
“TerraPower Isotopes will lease
a 250,000-square-foot, build-to-suit facility in the Bellwether
District of Philadelphia and produce actinium-225 for use in the
development of cancer treatments. TerraPower Isotopes becomes another major
tenant at the Bellwether District, a 1,300-acre state-of-the-art commercial
redevelopment project underway in South and Southwest Philadelphia that is
reimagining the former Philadelphia Energy Solutions refinery into a hub for
economic development, advanced manufacturing, and innovation,” the announced
noted.
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