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Working Lunch Friday, April 25, 2025 | | |
| | | | | It's lunchtime, Chicago. A biotech startup founded during the pandemic by Northwestern University researchers secured $30 million in financing, enough to open its own Fulton Market laboratory, where it will continue developing a
new class of drugs to combat cancer and other diseases. Grove Biopharma started in a small space run by tech incubator Portal Innovations at 1375 W. Fulton Market, a 13-story
life sciences building, and just moved to 17,000 square feet at 400 N. Aberdeen St. Both buildings are part of Fulton Labs and were developed by Trammell Crow Co. Meanwhile,
the Illinois Department of Public Health has revoked Mercy Medical Center in Aurora’s Level II Trauma Center designation over allegations of staffing shortages. Read that story and more in today's Working Lunch. Top business stories | Real estate | | | | The expansion is a good signal for an industry that slowed down, in Chicago and nationwide, as interest rates rose and some venture capital sources dried up. | | | | | The state revoking the Level II Trauma Center designation is a “big deal” for Aurora as Mercy is one of only two hospitals in the second largest city in Illinois. | | | | | The Illinois Department of Public Health announced the case Wednesday amid a swell of measles cases across the country. | | | | | The lawsuit alleges that Starbucks violated U.S. trafficking laws by continuing to buy coffee from Cooxupe even after Brazilian authorities repeatedly cited the cooperative for trafficking and forced labor violations. | | | | | Construction will begin this spring to expand Franklin Avenue and Green Street. | | | | | The mansion has eight bathrooms, seven fireplaces, a slate roof and hand-scraped wood floors. | | | | | For the 16th year, the Chicago Tribune will honor outstanding workplace culture in the region. | | | |
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