Montgomery County Showcases Life Sciences Innovations at the BIO International Convention

Last week, Montgomery County Government joined the Maryland Pavillion at the 2025 BIO International Convention in Boston. Montgomery County Executive Marc Elrich, Maryland Lieutenant Governor Aruna Miller, and Maryland Secretary of Commerce Harry Coker participated in the largest tradeshow for biotechnology, which gathered more than 37,000 industry leaders from over 20,000 organizations and 67 countries to network and hear about the latest trends in life sciences. Local companies such as Caleo Biotechnologies, Integrated Pharma Services, Rise Therapeutics, and Uncommon Cures also joined the Maryland delegation to showcase the innovation that is happening here every day, including: 

• Caleo Biotechnologies, which is using advanced disease modeling to pioneer the next generation of therapies for fibrotic diseases; 
• Integrated Pharma Services, which specializes in pre-clinical and clinical research, including the development, evaluation, and advancement of novel antimicrobials and medical devices; 
• Rise Therapeutics, an immunotherapy company developing Oral Immune Biomodulators, for the treatment of autoimmune diseases and cancer; and 
• Uncommon Cures, a disease clinical trial program dedicated to revolutionizing the way clinical trials for rare diseases are conducted.

Additionally, a record attendance of more than 200 industry leaders convened at the well sought out Maryland reception on Tuesday during which the Lieutenant Governor spoke about Maryland’s robust life sciences landscape.

Montgomery County’s life sciences sector is thriving. The area anchors the 3^rd largest biopharma hub in the United States and with the incentives like the Montgomery County MOVE Grant Program, which offers financial support to help businesses offset expenses related to their first commercial lease or their expansion lease of at least 500 square feet, and the Montgomery County Job Creation Fund, which offers up to $500,000 in grant funding to support companies that are ready to hire at least five new full-time, permanent jobs with a base annual salary of at least $100,000, companies from all stages of growth find this area to be of great strategic advantage. Other advantages Montgomery County provides include cheaper real estate prices compared to Boston and San Francisco, and proximity to key federal agencies like the NIH, FDA, and the NIST. The county is ripe with opportunities and County Executive Marc Elrich said it best: “[Montgomery County] is one of the best locations for biotech investment and expansion in the U.S.”

Learn more about available incentives here.