Hepatitis B Foundation, Delaware Valley University at odds over Pennsylvania Biotechnology Center

When the Hepatitis B Foundation and Delaware Valley University partnered to create the Pennsylvania Biotechnology Center more than 10 years ago, both heralded it as a scientific research hub that would put Bucks County on the map in the life sciences world.

These days, the Hepatitis B Foundation says the relationship among board members from the two organizations has become so "hostile and unworkable" that the foundation is asking a Bucks County judge to intervene.

Foundation directors say the disagreement stems from disputes over the biotech center's finances and threatens the continued success of the center, putting it at risk of losing a $4.7 million federal grant to expand and create space for current and future tenants. About 300 people work at the center.

Read more....

Labels: