It happened around 11 p.m. on the unit block of East Walnut Lane.
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Police said when they arrived at the scene, they found a woman on the ground with a gunshot wound to her hip.
Woman shot in Philadelphia, responding officers shoot suspect
Investigators said shortly after a man showed up and fired a single shot at police. According to police, a 14th District officer returned fire, striking the man at least three times.
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Police transported both victims to Einstein Medical Center where both are listed in critical condition.
Officials said the incident remains under investigation.