News

Gregory F. Krug ’77 Wins Ben Franklin iXchange 2018 Partnership Award

Courtesy: Gregory F. Krug. Gregory F. Krug ’77, president of Lampire Biological Laboratories, Inc.

Jun 13, 2018

Gregory F. Krug ’77, president of Lampire Biological Laboratories, Inc., received the Ben Franklin iXchange 2018 Partnership Award. Krug was honored on May 22 at Lehigh University in Bethlehem, Pennsylvania. The Partner Award is given to an individual whose strong vision, dedication, and commitment have helped Ben Franklin Technology Partners accomplish its goals. Recipients must demonstrate a sincere desire to see the region thrive.

Ben Franklin Technology Partners is an economic development program that has helped launch and grow companies in the region for more than 31 years. Ben Franklin Technology Partners helps early-stage and established companies with funding and business and technical support while providing access to a network of resources.

“We’re proud of the impact Delaware Valley University alumni have in their communities,” said DelVal President Dr. Maria Gallo. “Greg Krug is leading a growing and thriving company that helps to provide jobs and internships in the life sciences in the region. He is also generous with his time, giving back through several community organizations. We’re honored to have him as a member of the DelVal community and as a member of our University’s Board.”

Krug has been involved with Ben Franklin Technology Partners of Northeastern Pennsylvania since 1989 when he received investments in his company. In addition to growing his company, Krug has helped to attract Ben Franklin incubator residents and clients. Krug has also helped raise awareness about the work of Ben Franklin Technology Partners of Northeastern Pennsylvania. 

Krug earned a B.S. in animal science from DelVal. He has more than 25 years of experience in the biotechnology and pharmaceutical fields. Krug founded Lampire Biological Laboratories, Inc. and has guided the company’s growth and development since its inception, expanding the company to six sites throughout Pennsylvania. 

The company employs more than 130 people with a myriad of corporate and educational experience including Ph.D. scientists, veterinarians, and vocational-technical students. Managers frequently mentor startup life sciences companies.

Krug sits on multiple economic and workforce development boards including Bucks County Economic Development Corporation (BCEDC) and Bucks County Workforce Development Board (BCWDB). He lends assistance to these organizations and others in need of his support. Krug is involved in advisory committees for several educational institutions, including DelVal.