How Proximity to the FDA and NIH Benefits
How Proximity to the FDA and NIH Benefits your Bio. Pharmaceutical Business Globally Montgomery County Department of Economic Development
Montgomery County, Maryland The Innovation hub of Washington, D. C. A thriving international community of 1 million highly educated people. Boasting the best schools. Producing a $65 Billion GDP Ranking it 58 th as a country One of the wealthiest U. S. counties 475 direct flights/week to 34 international destinations
600 mi. 500 mi. 400 mi. 300 mi. 200 mi. 100 mi. UNPARALLED BUSINESS ACCESS: ü Air: BWI, Washington-Dulles & Reagan International ü Rail: Am. Trak corridor Same day or overnight road access to 1/3 of U. S. industry, markets, and population ü Road: Multi interstate 95 ü Baltimore’s deepwater port Just two hour access to 80% of the U. S. pharmaceutical industry and more than 1, 000 biotechnology companies
Strategic Access To • The power, Resources, Research and Regulations of the U. S. Federal Government, the single largest customer in the world • 60 percent of the U. S. market in 2 hour flight through 3 major airports providing non-stop flights to 29 countries • A cluster of the best scientific and business minds
Global Companies created and thriving in Montgomery County, MD • • • Marriott Corporation Lockheed Martin Hughes Network Systems Discovery Communications Astra Zeneca/Med. Immune Human Genome Sciences
Elite Workforce • Total workforce of over 500, 000 • Advanced technology workforce >100, 000 • Most educated workforce in U. S. – 40% hold advanced degrees – 70% with at least 4 -year college degrees – Highest proportion of Ph. D’s in the U. S. • Diverse workforce from 160 countries
Maryland Bio. Science Region Connecting the 300 R&D Centers Just two hour access to 80% of the U. S. pharmaceutical industry and more than 1, 000 biotechnology companies US AMRIID UMB C DOE JH U UMBI CMS NIST AFIP JH U FDA USUHS FDA WRAIR NI DOD GTU GW U BAR C H USDA NOAA NASA Private Sector Company Concentrations
Regional Federal Assets • • • USDA U. S. Department of Agriculture FDA Food and Drug Administration NIH National Institutes of Health including NCCAM National Center for Complementary and Alternative Medicine CMS Center for Medicaid and Medicare NIST National Institute of Standards and Technology USAMRIID/Ft. Detrick U. S. Army Medical Research Institute for Infectious Diseases WRAIR Walter Reed Army Institute of Research NMRC Naval Medical Research Center BARC USDA Beltsville Agricultural Research Center EPA Environmental Protection Agency NOAA National Oceanographic and Atmospheric Administration
Academic & Research Assets in addition to the Federal Assets • The Johns Hopkins University at Shady Grove/ and in Baltimore receives $1. 5 Billion in federal research grant • The Howard Hughes Medical Institute • The University of Maryland the University System of Maryland at Shady Grove ($800 Million) • The University of Maryland Biotechnology Institute with five separate institutes • Montgomery College • Georgetown University • George Washington University
Where Science Translates into Success + $18 billion of acquisitions in 2007
The Maryland Drug Discovery Network is a consortium of Maryland resources acting to facilitate collaborations between public and private sector resources available within the State and University of Maryland to encourage drug discovery and development, including basic research, manufacturing, education and training, pre-clinical and clinical support, and facilities. Pre-Clinical Regulatory UMB: CCT UMBC: College o f Natural and Mathematical Sciences UMBC: Degree Programs UMB: Center on Drugs and Public Policy UMB: Intellectual Property Legal Resource Center Manufacturing UM: BREP and Bioprocess Scale-Up Facility UMBI: c. GMP facility UMBC: Dept Chemical & Biochemical Eng UMBI: Transgenic Plant Facility Multiple sites: CTSA (proposed) UM: Nanocenter UM: Maryland Pathogen Research Institute (MPRI) UM: Fischell Dept of Bioengineering UMB: School of Pharmacy UMB: Bio. Medical Core Facilities UMB: UMBBiopark UMBC: College of Natural and UMBC: bwtech@UMBC Research Park UM: BREP Mathematical Sciences UM: M Square UMBC: ACTi. VATE UMBI: Medical Biotechnology Center UMBC: bwtech@UMBC Incubator UMBC: MPS, Certificates and in-house training, Biotech UM: TAP UMBC: Continuing and Professional Studies UM: Venture Accelerator UMBC: Training Centers UMB: UMB Accelerator UMBI: Workforce Training & Outreach Center Facilities Contacts: UMB: Jim Hughes jhughes@maryland. edu UM: Paul Allenza allenza@umd. edu Workforce Training & Education UMBC: Antonio Moreira moreira@umbc. edu UMBI: Ted Roumel roumel@umbi. umd. edu
Industry & Research Strength Biotherapeutics & Diagnostics Biomanufacturing & Bioprocessing Agricultural & Industrial/Environmental Biotechnology Genomics Proteomics Bioinformatics Biodefense
Maryland Montgomery County Support Companies in: • Recruitment and training • Networking and introductions to partners • Connection to public and private funding sources i. e. the Biotech Investment Tax credit • Facilitation of transition to new home • Innovative State and local incentive programs • Facilities – Incubator system with 85% success rate – Science and Technology Parks
Montgomery County Incubator Network
Why Partner with us? To enhance the value of your company globally • Access to expertise in: – Commercialization – Regulatory affairs for drug approval and alternative medicines – Intellectual Property, transparency, corporate governance – U. S. public markets – increased stock value • Maryland is the Passport to innovative companies for market entry • A local government with 30 years of biotech experience
New Projects Translate our Vision • Montgomery County built first industrial park exclusively dedicated to the life sciences in the 1980’ • Now a partner with the Johns Hopkins University to build a world class R&D center with 500 to 1 million square feet of laboratory and office space and 10, 000 housing units: a translational city • Creating a new R&D Park next to newly consolidated headquarters of FDA • 5 incubator facilities comprise a network
Work Hard, Play Hard in Your Home away from Home • Large internationally diverse population – 1/3 foreign born coming from 160 nations • Theater, Music, Free Museums including the Smithsonian Institution • Restaurants of many ethnicities • Outdoors: kayaking, soccer, polo, hiking, baseball, swimming
On the Green AT&T TIGER WOODS FOUNDATION GOLF TOURNAMENT
Montgomery County Department of Economic Development Janis Pitts, Sr. Business Development Specialist Janis. Pitts@montgomerycountymd. gov 240 -77 -2016
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