Looking to relocate, expand, or start a bioscience enterprise? Then it’s time to take a look at Maryland. We’re confident that the closer you look, the more you’ll like what Maryland has to offer.
Global Reach, Local Access
What’s the strategic advantage of a Maryland location? In a word, ACCESS . To your customers. To competitors. To potential partners. And to the rest of the world.
Located halfway between Boston and Atlanta, London and Los Angeles—and with 90 percent of the state’s bioscience assets less than an hour away from each other—Maryland is where the bioscience industry comes together to develop and market new products and technologies.
What better way to ensure access to every corner of the U.S. and world markets than to situate your new or expanding business at the epicenter of the global bioscience community?
Strength and Numbers
Maryland boasts one of the fastest growing bioscience clusters in the United States, and the state continues to attract established industry leaders and entrepreneurs to the area. With all the significant regulatory agencies like the Food and Drug Administration (FDA) just a short drive away, Maryland businesses can save both time and money—especially in the areas of new drug and device applications and clinical trial reviews.
Some of Maryland's leaders and innovators in bioscience include:
An Exceptional Workforce
With greater than 34,000 private sector bioscience employees, and a comparable number in university and federal research institutions, Maryland’s workforce quality and availability are the direct result of two decades of funding initiatives aimed at educating our workforce for a 21st century high-tech economy:
An Atmosphere of Creative Innovation
Home to more than 50 life science research-intensive federal institutions, several world-class academic institutions, an ever-expanding number of private research facilities—and recipient of $12.2 billion in federal R&D obligations—Maryland’s bioscience economy is driven by, and rooted in, an atmosphere of creative innovation and entrepreneurial spirit.
Recognizing that basic research is the cornerstone of technical innovation, Maryland has invested over $450 million in bioscience infrastructure, including $100 million in 2004 alone. The result is a unique atmosphere in which energy and resources help push ideas forward, with more momentum and a higher degree of participation across public and private sectors than is present in other areas.
Maryland’s leading R&D facilities in bioscience include federal powerhouses such as:
And Maryland institutions such as:
A Business-Friendly Environment
According to Entrepreneur magazine, the State of Maryland was the most active early-stage investor in the U.S. in 2006. Years of close coordination between the public and private sectors have helped Maryland formulate and execute a strategic plan to support the formation, expansion and growth of bioscience businesses—and to encourage entrepreneurship and excellence across the industry.
Contact the MD BizTeam at 410-767-6870 to learn more about opportunities for bioscience companies to locate or expand in Maryland.