Blog
Frederick, Maryland is a well-established life science hub with more than 130 bio companies and globally renowned research facilities including Fort Detrick and the Frederick National Laboratories for Cancer Research.
Within the local life science cluster, a wave of companies is experiencing tremendous growth. Below we explore just six Frederick life science businesses that have recently expanded their footprints and/or funding sources in a major way.
Frederick Innovative Technology Center, Inc. (FITCI) is thrilled to announce its new innovation center, Maryland’s EDGE at 321. Years in the making, the facility at 321 Ballenger Center Drive is designed to meet the unique needs of science and technology startups while nourishing community connections beyond any one sector.
On June 24th, members of the City and County Economic Development teams welcomed biopharmaceutical executives from around the world to our community. These international travelers from Taiwan, Singapore, Cambodia and Hungary were in town for the recent Select USA Conference held at the National Harbor.
Earlier this month, our team had the opportunity to tour Matan’s most recent project—Progress Labs at Riverside 1. Developed to meet the rising real estate demand from the life sciences industry, the project will deliver 215,000 SF of biomanufacturing-ready space in summer 2022 and is currently being marketed to prospective tenants.
Earlier this month, Frederick celebrated Tonix Pharmaceuticals' new investment in a local state-of-the-art infectious disease research and development center.
Frederick has become a magnet for life science companies looking to start and expand. One of the critical decision-making factors in site selection seen time and again is the speed at which a property can be delivered to operational use. This growing list of readily-available of local lab space presents an exciting competitive advantage in drawing even more biotech companies to our community.
