The future of medicine is happening in Frederick, Maryland. Maryland is home to 2x more federal labs than any other state, and Frederick is a leading biotechnology and life science community. Frederick is dynamic and diverse, with a $12.4B economy that boasts a comprehensive transportation network, educated workforce and moderate business costs. Strategically located in the northern anchor of I-270 Technology Corridor, Frederick is an ideal location for bioscience firms to start, locate and expand.
Life Sciences is Frederick’s largest growing cluster with international leaders such as Thermo Fisher Scientific, Ellume, AstraZeneca and Lonza. Over 100 companies makeup Frederick’s Life Science ecosystem. Kite Pharma established a state of the art 279,000-square-foot CAR T-Cell therapy manufacturing facility in 2019 and in April received FDA approval for commercial production. In May 2021, Australian based Ellume established its first U.S. manufacturing operation to accommodate demand for its diagnostic products targeting infectious diseases and specifically COVID-19 Home Tests.
Three factors driving this growth are top talent, a business friendly environment, a strong existing ecosystem and quality of life. Frederick is home to one of the most highly educated workforces that provide companies with unparalleled human resource capabilities. Access to 3 quality higher education facilities ensure that an available biotechnology and life science workforce remains top-notch.
Frederick offers a balance between life-styles, easy commute to major cities, affordable housing, diverse atmosphere and a highly rated public school system. With a community like no other, there are “small city” amenities and “large town” charm. Frederick has received national recognition, being named #6 on the Top 10 Remote-Ready locations in the US by Livability, #4 Best Place to Live by Livability and Top 10% of Healthiest Counties in the US by US News & World Report.
Frederick has readied itself for continued growth with more than 3.5M-square-feet of built or planned space for the bio-industry directly. Progress Labs at Riverside and Center 85, which houses Ellume presently, features over 2.3M-square-feet. Jefferson Technology and BioPark have recently announced a total of 945,000-square-feet of development which has begun.
Companies looking for a highly ranked, affluent, advanced and educated community with access to leading educational and health care institutions, retail, recreation and entertainment and outstanding quality of life for their employees should “look first” at Frederick, Maryland