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"Frederick County has been an excellent choice
in helping our company evolve from R&D to production."
Melvin D. Booth, President & COO,
MedImmune
"Frederick County is clearly one of the key
places in Maryland that provides the environment emerging bioscience
companies are seeking."
Robert Eaton, Executive Director,
MdBio, Inc.
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Frederick County, Maryland,
is the prime location for biotechnology companies to establish and
continue their dynamic success in a global marketplace. In fact,
the State of Maryland has the highest concentration of federal research
and development facilities in the United States.
A Scientific Discovery
It's no surprise that the number of bioscience firms in Frederick County grew to 61 in 2005 representing a 34% increase from 2004. Many new and expanding biotechnology
companies choose Frederick County as their preferred business location
for the following reasons:
- An excellent transportation system for local & international
travel
- A highly skilled and educated labor force
- Home of the lead medical research laboratory for the U.S. Biological
Defense Research Program at USAMRIID
- 50% of the most cited biomedical scientists in the world are
located in Maryland; of those, 40% are affiliated with the National
Cancer Institute in Frederick
- No business personal property tax
- Excellent state and local job training resources
- Competitive Tax Structure
- Fast Track permitting assistance
World Class Education and Partnerships
- MdBio is
a private, nonprofit organization whose mission is to advance
the commercial development of bioscience in Maryland. MdBio supports
education and workforce development programs, and recently launched
the MdBioLab, a mobile learning environment centered on bioscience
for high school students.
- The Frederick
Network of the Tech Council of Maryland (TCM). TCM is a membership
organization comprised of technology-based companies, federal
laboratories, higher education institutions and business support
firms that collectively form Maryland’s technology community.
An integral part of the TCM is the Maryland Bioscience Alliance,
also known as the BioAlliance, a statewide, non-profit membership
organization dedicated to serving the needs of Maryland's growing
biotechnology community.
- Maryland
Department of Business & Economic Development (DBED) works with local economic development agencies to attract new
businesses, stimulate private investment, create jobs, encourage
the expansion and retention of existing companies and provide
businesses in Maryland with workforce training and financial assistance.
- Fort Detrick
Business Development Office was created in February 2005 as the primary portal for private industry, not-for-profits, and educational institutions to interface with Fort Detrick for the purpose of conducting business.
Maryland is the Forefront of Biotechnology Innovation
- Maryland is home to over 350 bioscience companies and federal institutions, representing the fasting growing cluster in the U.S.
Source: Maryland Dept. of Economic Development, 2007
- Maryland is third among states in the number of biotechnology firms and third in biotech-related employment according to the latest survey by the U.S. Department of Commerce (A Survey of the Use of Biotechnology in U.S. Industry, 2003)
- Maryland is fourth among the states (second on a per capita basis) in the number of biotechnology companies according to a report by Ernst & Young (Resurgence: The Global Biotechnology Report, 2004).
- Maryland ranks second among the states in the percentage of professional
and technical workers (24.9%) in the workforce.
Source: U.S. Department of Commerce, Bureau of the Census, 2005 American Community Survey
- Maryland ranks 6th among the states for total venture capital
deals in 2005, and 10th for total venture capital investment ($442.6 million).
Source: PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association
- Maryland ranks second nationally in federal obligations for
research and development ($7.8 billion) and second among the states in federal research and development per capita.
Source: National Science Foundation, data for FY
2003 and the American Association for the Advancement of Science.
Select Members of the Bioscience
Community
in Frederick County
in Maryland
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