Frederick's Diversified Life Sciences and Bio Industry

12/17/18

By Ernesto Chanona, MDBIZNews

Without a doubt, Frederick’s life sciences and biotechnology industry is closing out the year with strong growth, and starting 2019 with a solid foundation built on numerous innovative organizations and several areas of expertise.

If you follow the life sciences industry in the Baltimore-Washington Metropolitan area, it was hard to miss three major ribbon-cutting ceremonies that recently took place within one month.

Globally-recognized company Thermo Fisher Scientific made a local Investment in a new facility for its expanded distribution center and Cryo-Innovation Center. Indivumed, a Germany-based company focusing on personalized cancer therapies, opened its North America headquarters in Frederick in front of 120 guests. And Southern Research, a non-profit organization conducting research on infectious diseases, completed a $13 million renovation project in the area. Not long before, RoosterBio, Inc. graduated from the Frederick Innovative Technology Center and moved into its new, larger facility.

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