A thriving BioHealth region

unparalleled assets and innovation

Top global leaders like GlaxoSmithKline (GSK), United Therapeutics, Qiagen and Supernus call Montgomery County home. MoCo is a thriving global hub where life-saving innovations emerge every day. Our BioHealth clusters have more than 10,000 employees working in the private sector and an estimated 49,000 in federal government agencies along Montgomery County’s I-270 corridor, a lively and growing biohealth hotbed.

The capital region is a Top 5 U.S. Biopharma cluster

An internationally recognized life sciences cluster with top global companies headquartered in the county

Over 6,000 STEM PhDs and 63k STEM workers to fuel your talent pipeline

Access to funding, talent and major research assets


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MD has highest STEM jobs concentration in the U.S.

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A Global BioHealth Hub

You know the names of our global leaders. Montgomery County is renowned world-wide for life science and bio technology excellence. Top life sciences influencers perform cutting edge research in our back yard, from GlasxoSmithKline, AstraZeneca, and  Emergent BioSolutions to United Therapeutics and Qiagen, plus many ‘next big’ industry players.

strong federal presence

Our good neighbors include NIH, the FDA, NIST and the Walter Reed Army Institute, among other distinguished federal institutions, and the nonprofit U.S. Pharmacopeia Convention. Within a few miles, find dozens of local agencies that set standards, approve products to the U.S. markets and conduct cutting edge research. 

Being here in the BioHealth capital region, there is a great mix of assets including research institutions and university institutions. Montgomery County is an interesting, dynamic place in the BioHealth industry—a place where we can attract people from outside the region to work here.

Douglas Liu, Senior Vice President, Qiagen Global Operations

producing top talent

Meet some of the smartest people in the nation. When it comes to metropolitan areas, the D.C. region has the largest number of college graduates in the country. With a diverse population of more than one million, Montgomery County also has the nation’s highest concentration of postsecondary degrees.

Access top talent and gain an immediate workforce advantage. Montgomery County has 18 federal agency headquarters and many private sector companies. Maryland ranks #1 among states and professional and technical workers.

 
 

a vibrant ecosystem

Explore the data and resources to support life sciences success in Montgomery County.

 
 

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support for entrepreneurs

Resources and support groups flow here. Maryland’s Life Sciences Advisory Board supports the state’s biotech and health IT industry sectors. Numerous life sciences incubators, accelerator programs and technology transfer opportunities abound. BioHealth Innovation is a smart, public-private partnership with a focus on commercializing biotech innovations and opening doors to early-state funding – come on in! BioHealth Innovation is a nationally-recognized program and home to many early-stage bioscience and technology companies. 

TEDCO provides knowledge, funding and networking to support an innovation eco-system that nurtures researchers, entrepreneurs, start-ups and early-stage companies engaged in bringing innovative ideas to market.

New life science and technology Hubs

A $3 billion, 300-acre life sciences hub for research and discovery is in the pipeline, called Viva White Oak. A public-private partnership in Montgomery County, it is slated to include a hotel, retail and community spaces, strategically located next to the FDA. A groundbreaking event for the future global biomedical destination took place in White Oak with across the aisle participation in the program.

The Pinkney Innovation Complex for Science and Technology (PIC MC) is developing a 40-acre life sciences and technology innovation district.

The Germantown campus of Montgomery College is a qualified institution for a state program that makes private developers eligible for real property and income tax credits. The campus is the first Regional Institution Strategic Enterprise Zone and Opportunity Zone in Montgomery County and will help attract and retain businesses in targeted industries including cybersecurity, biotechnology, aerospace, manufacturing and engineering.



innovation spotlight

T-cell Therapy leader, Autolus Therapeutics, chose Montgomery County for its U.S. commercial manufacturing operation. It picked our area identifying regional biotech ‘talent’ as a deciding factor. Autolus Therapeutics is a promising clinical-stage biotech that is a leader in T-cell programming and manufacturing technology. They have seen rapid growth since launching in 2014, and recently executed a successful US IPO in June that raised $160.4M. 

American Gene Technologies (AGT), is a biotechnology company developing cures and treatments for Infectious diseases, cancers and monogenic disorders. From its new location, AGT will begin clinical trials for its HIV Functional Cure therapeutics. It has raised $30 million and has 6 granted patents for immune-oncology on solid tumor cancers.

Connect

Spiros_Balntas_1134_sm.jpg

SPIROS BALNTAS
Director of Business Recruitment

240.641.6705
spiros@thinkmoco.com


Take advantage of Tax Credits and Financial Incentives

Grant and loan programs, along with generous tax incentives abound, like the up to 50% biotechnology investor incentive tax credit from Maryland and a new Maryland Momentum Fund. Find more beneficial tax credits and incentives to spur business growth: LEARN MORE >


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