(SOURCE: Frederick County Office of Economic Development)
International Gene & Cell Therapy Company Opens US Operation in Frederick, MD
Forecyte Bio, a leading China-based CDMO biotech company, recently celebrated the grand opening of its new facility in Frederick County, Maryland. The 17,000 square foot location is dedicated to contract development and manufacturing for the rapidly growing Cell and Gene Therapy industry. The facility aims to provide a “one-stop” holistic service package to help accelerate clients’ projects from early concept to commercial manufacturing.
During the ribbon-cutting ceremony, Forecyte Bio CEO Yingke shared the company’s journey from the idea stage to its fast-track process. He acknowledged the key partnerships that have supported the business and continue to play a significant role in the company’s growth. Bill Robertson, President of Valogic and the building developer, also expressed his excitement and gratitude to the team that worked tirelessly to deliver this state-of-the-art space to Forecyte Bio.
Forecyte Bio’s new location at 7495 New Horizon Way in Frederick, MD was part of a redevelopment and conversion of an existing office building. After a comprehensive renovation, the building now houses Forecyte Bio and Zalgen Labs. Developers Bill Robertson and Jeff Wells used their expertise in wet and clean labs to convert the space, making it the perfect home for small to medium-sized biotech companies.
This move is a testament to the growing biotech industry in the region and the benefits that Frederick offers to companies looking to establish themselves in the field. Frederick is home to a vibrant and growing biotech community, with a diverse range of companies in the field, from early-stage startups to established players like Kite Pharma, AstraZeneca and Lonza.
In addition, Frederick offers a supportive business environment for biotech companies. The city has a number of business incubators and accelerators such as FITCI, as well as flex-lab options like I-270 Innovation Labs. Combined with a very supportive economic development and a robust network of angel investors and venture capitalists, Frederick provides companies with the resources and support they need to grow and succeed. The city is strategically located in the mid-Atlantic region, making it an ideal location for biotech companies looking to access the East Coast market.
Frederick County is thrilled to welcome Forecyte Bio and its new facility to the community. For more information about the company and its services, visit https://www.forecytebio.com/. With its cutting-edge technology and state-of-the-art new facility, Forecyte Bio is poised for great success and continued excellence in supporting the CGT industry.
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Over the past 11 years, Chris has grown BioBuzz into a respected brand that is recognized for its community building, networking events and news stories about the local biotech industry. In addition, he runs a Recruiting and Marketing Agency that helps companies attract top talent through a blended model that combines employer branding and marketing services together with a high powered recruiting solution.