The Frederick region is now one of the largest clusters of bioscience companies in the nation. Get the fast facts behind the impressive local industry below.
Frederick at a Glance
Home to 80+ bioscience companies
Including life-science giants: AstraZeneca, Kite Pharma, Lonza, Thermo-Fisher Scientific, Qiagen, Ellume, and more
Access to world-renowned public research facilities and institutions
Including: Fort Detrick and the Frederick National Laboratory for Cancer Research
Over $1B in Capital Investment in the past 36 months
3000+ life science jobs county-wide — over half of which are based within The City of Frederick limits
Workforce and Talent
Highly educated workforce - with more than 40% of the local workforce population with a college or advanced degree
Average Wage in Industry = $92,727
Home to three higher education facilities with life science related programs
Mount St. Mary’s University (Frederick County)
Local Business Incubation
Frederick Innovative Technology Center, Inc. (FITCI)
Offers biotech and life science entrepreneurs over 20,000 SF of space with 40 offices, 22 wet labs and state-of-the-art services geared towards accelerating biotech entrepreneurs
Over the past 17 years, FITCI has served over 191 companies, creating 900+ jobs with $23.6 million in annual revenue
FITCI is currently home to 66 companies
Successfully launched clients include RoosterBio and BioFactura