AstraZeneca Investing $300 Million into New Cutting-Edge Cell Therapy Facility in Maryland

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AstraZeneca Investing $300 Million into New Cutting-Edge Cell Therapy Facility in Maryland February 6, 2024 In a recent press release, Governor Wes Moore announced a groundbreaking initiative that positions Maryland [….]

1450 Research Blvd. Offers Amenity Rich Lab Space in Location Primed for Continued Growth

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Life sciences real estate investor South Duvall and tenant Viriom Inc. celebrated the ceremonial opening of amenity-rich lab space at 1450 Research Boulevard in Rockville after what the developer called a “time intensive and detailed” process. 

CoJourney to Open CDMO for Cell and Gene Therapies at Spring House Innovation Park in Montgomery County

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After the close of a $30M Series A financing, CoJourney Inc. a Chinese innovator in the manufacturing and development of cell and gene therapies, has announced the expansion of its US organization and commercial manufacturing capabilities with a new facility to be located at Spring House Innovation Park in Montgomery County. 

Monument Realty and Nuveen Real Estate Delivering Ground-up State-of-the-art Life Science Development this August

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As one of the only new, Class A life science buildings delivering in 2023, Monument Innovation Center offers space to meet the demands and specific needs of a variety of scientific disciplines, from research and development to biotechnology and environmental sciences. Ideally located in Maryland’s leading life science corridor proximate to Washington D.C., it is in a prestigious cluster of established and emerging life science companies with access to top academic institutions, government agencies, and Montgomery County’s highly educated workforce.

How Montgomery County is Helping Shape the Local Bio Workforce as Demand for Talent Increases

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How Montgomery County is helping shape the local bio workforce as demand for talent increases Email Share Share Tweet Print Order Reprints
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Companies are working with higher education institutions to strengthen the workforce pipeline further.
IN THIS ARTICLE
By Lauren Lawley Head – Contributor
Oct 10, 2022
Montgomery County’s growing life sciences industry is getting a boost from collaborative efforts between businesses, higher education institutions, nonprofits and government agencies.
Life sciences is a top industry in the county. The Montgomery County Economic Development Corporation (MCEDC) reports the county’s more than 300 bio companies attracted nearly $8 billion in investments in 2020. At the end of July 2022, Indeed’s job search site listed nearly 750 biotechnology job openings in the county.
Miltenyi Biotech is one of those hiring. In March, the German company announced it was moving its North American headquarters to Gaithersburg and expanding its operations. The company currently has about 40 local job openings on the careers section of its website, including roles in quality assurance, manufacturing and research.
Horizon Therapeutics, which plans to expand into a 192,000-square-foot building in Rockville in 2023, is another growing biotech company in the region. It lists more than 20 openings in…

800,000 sf of New Lab Space to Come Online in Montgomery County

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Developers announced plans Thursday to build a pair of big laboratory facilities, totaling 800,000 square feet, in Montgomery County, reflecting that municipality’s ongoing efforts to remain a magnet for the life sciences and biohealth industries.
The lab sites are collectively branded EvolutionLabs, with their primary driver being Bethesda-based developer Stonebridge. The smaller of the two projects, but the first to get underway, will comprise two buildings, together weighing in at 250,000 square feet. The first building, six stories and 150,000 square feet, is anticipated to break ground this fall, with tenant construction to follow next winter. The second building, at 100,000 square feet, will break ground in 2024.