an active pipeline in moco
The County is experiencing a rapid rise of innovation in Research and Development within our local life sciences companies. From finding cures for different types of cancers to developing novel therapies to combat public health threats, companies in Montgomery County are on the forefront of discovery.
A top regional life sciences cluster with global companies
Lower life sciences rent: Avg $24/SF which is less than half of rent in San Francisco and Boston
An internationally recognized life sciences cluster with top global companies headquartered in the county
Federal presence of 18 agency headquarters including NIH, FDA and NIST
MONTGOMERY IS BUILT FOR BIO
Top global life science leaders and emerging companies call Montgomery County home. Our diverse businesses are at the convergence of gene therapy, CAR T-cell therapy, vaccines and other fast-moving discoveries. Find out how Montgomery County, Maryland is #BuiltforBio.
FEDERAL AGENCY HEADQUARTERS
VC INVESTMENT IN 2018
LIFE SCIENCES COMPANIES
IN NIH R&D CONTRACT AWARDS IN MD
OF EMPLOYED DOCTORAL SCIENTISTS IN MD
Life science research and biotechnology have led to remarkable improvements in health. Developments and active pipelines of drugs, vaccines and diagnostics have resulted in significant advances in the prevention, diagnosis and treatment of diseases. Pioneering companies in Montgomery County are using the latest technology and big data to find scientific breakthroughs to revolutionize how health treatments are discovered, developed and delivered to patients around the world.
Lab space is affordable in Maryland with the average in suburban areas at $24 per square foot compared to $47 per square foot in San Francisco and $49 in Boston.
Meet some of our many R&D Innovators
Aeras, the Rockville based company develops effective tuberculosis (TB) vaccines and biologics to prevent TB across all age groups in an affordable and sustainable manner
Altimmune develops products to stimulate durable immune responses for the prevention and treatment of infectious disease from its Gaithersburg location. Products include NasoVAX, an influenza vaccine candidate and NasoShield, an anthrax vaccine candidate.
Emergent BioSolutions is based in Gaithersburg, and manufactures BioThrax, the only FDA-licensed vaccine to protect against anthrax disease.
KAI Research in Rockville is a contract research organization that provides Clinic Studies Support, Clinical Data Management services to pharam, biotech and academic institutions and NIH.
MacroGenics located in Rockville, focuses on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer. The Company generates its pipeline of product candidates from its proprietary suite of next-generation antibody-based technology platforms.
Neuralstem, Inc. in Germantown, develops novel treatments for nervous system diseases of high unmet medical needs.
Otomagnetics headquartered in Gaithersburg, is a spin-iversity of Maryland, Otomagnetics is developing a non-invasive method to effectively deliver drugs to the inner ear.
Supernus Pharmaceuticals in Rockville, develops and commercializes products for the treatment of central nervous system (CNS) disorders.
Find more Montgomery County, Maryland, bio companies.
BioHealth Incentives and Funding
The County and state both have incentives to explore, including:
Maryland Biotechnology Investment Incentive Tax Credit (BIITC) provides an income tax credit equal to 50% of an eligible investment in a Qualified Maryland Biotechnology Company (QMBC) up to $250,000 for each QMBC per fiscal year.
Venture Capital Funding in Montgomery County helps investors recognize the innovation happening in Montgomery County. From January to July 2018, $556 Million flowed in from venture capital investment dollars to MoCo companies. A strong 72% of the 2018 VC investment has been in the biotech area.
It’s an environment that’s rich with technology and talent. That was a real driver for selecting Maryland for our headquarters.
18 Federal Agency Headquarters
Montgomery County has numerous Federal research institutes and several top-ranking research universities focusing on research and development.
The National Institutes of Health (NIH), the nation’s medical research agency, making important discoveries that improve health and save lives. NIH encompasses 27 Institutes and Centers.
National Cancer Institute (NCI) is a part of NIH. Located in Rockville, NCI leads the nation’s research efforts to improve cancer prevention, detection, diagnosis, and survivorship. It supports thousands of clinical trials and collaborates with private sector life sciences companies and federal agencies.
The Food and Drug Administration (FDA) protects the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products.
BioHealth Innovation (BHI) helps companies commercialize their technologies and advance to market by introducing entrepreneurs to sources of capital and private investment. BHI operates County’s innovation centers/incubators in Rockville and Germantown, co-manages shared lab space in Alexandria LaunchLabs, and assists BioHealth companies seeking to enter the US market with its International Soft-Landing program.
TEDCO helps companies by ‘leading innovation to market.” TEDCO provides resources and connections that early stage technology and life sciences companies need to thrive across Maryland. It has an assessment tool to help define your investment readiness.