Bisnow recently held a webinar titled “Montgomery County Life Sciences Surge,” sponsored by the Montgomery County Economic Development Corporation (MCEDC), on August 11. Brad Stewart, Senior Vice President of Business Development at MCEDC, posed questions to real estate professional panelists about the future of Montgomery County’s life science environment.
The buzz around the summit was one of enthusiasm as Philly strives to join the top tier of life sciences hub in the country. The life sciences scene in Philly is growing and may soon be approaching an inflection point preceding rapid growth, reminiscent of 1990s Boston. The Summit examined the dynamic Philly landscape as a whole, both celebrating recent successes and talk about the hurdles that must be overcome for the ecosystem to truly thrive.
A recent panel discussion at Bisnow’s May Mid-Atlantic Life Sciences & Biotech event further emphasized the point that we’ve been hearing time and time again – we need to do more to support and adequately prepare the workforce to fill not only the current life science positions but future needs as well.
It’s no secret that the BioHealth Capital Region has blossomed into a competitive and notable life science ecosystem in recent years, with capital continuing to flow into the sector. We have much to celebrate in how far we’ve come, but we must also realize that the work is far from over. Now that our roots have been firmly established, we need to think on how we can continue to support our ecosystem so that it can flourish.