Growing our Region to Become a Top 3 Biotech Hub by 2023

Maryland Regional Biotech Forum Discusses Growing the Biotech Ecosystem

The City of Frederick's Economic Development Director Richard Griffin recently participated in the Maryland Regional Biotech Forum held on March 30-31, 2015 at the MedImmune campus in Gaithersburg, Maryland. The first event of its kind, the forum included private sector companies; federal, state, and local government; nonprofit institutions; investors; and academia. Griffin was on a panel entitled "The Role of State and Local Government in Increasing the Return on Our Biotech Assets." 

"It was an honor to participate in this forum and discuss the role of local municipalities as the region grows this industry," said Griffin. The importance of collaboration and building the biotech ecosystem is essential to our success, said Griffin. "The rising tide lifts all boats." 

Follow the #MDBiotech15 Twitter hashtag to see tweets from the event. 

The DC Metro area is a biotech hub with more than 800 life sciences companies, 70 federal labs, and numerous world-class academic and research institutions. The focus of the forum was to chart the future of growing the regional biotech ecosystem.

Forum discussions focused on how the MD/DC/VA biotech cluster can become a Top 3 Biotech Hub by 2023. Currently, the region is ranked in the Top 10 and frequently ranks between 5th and 7th depending on the source. 

Frederick is the northern anchor of the I-270 Technology Corridor with approximately 80 biotech companies in and around the city. It is an integral part of the regional biotech ecosystem and is poised to grow this industry. To learn more, visit the Business in Frederick website.