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The Smart Choice for your Biotech, Pharma, Life Sciences or Advanced Technology Company

Montgomery County, Maryland Department of Economic Development. The Smart Choice for your Biotech, Pharma, Life Sciences or Advanced Technology Company. Home of NIH, FDA, NOAA, NIST, DOE and a host of other federal agencies. Montgomery County is…. Home to approximately

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The Smart Choice for your Biotech, Pharma, Life Sciences or Advanced Technology Company

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  1. Montgomery County, Maryland Department of Economic Development The SmartChoice for your Biotech, Pharma, Life Sciences or Advanced Technology Company Home of NIH, FDA, NOAA, NIST, DOE and a host of other federal agencies.

  2. Montgomery County is… Home to approximately 8 percent of the U.S. biotechnology industry Number One in the nation in the percentage of Ph.D.s in the workforce Second globally for initiatives aimed at drawing and retaining biotech companies Second among the 50 U.S. states in federal R&D commitments ($7.9 billion)

  3. Regional Federal Assets • U.S. Department of Agriculture • Food and Drug Administration • National Institutes of Health • National Institute of Standards and Technology • U.S. Army Medical Research Institute for Infectious Diseases (USAMRIID/Ft. Detrick) • Walter Reed Army Institute of Research and the Naval Medical Research Center • USDA Beltsville Agricultural Research Center • Environmental Protection Agency • National Oceanographic and Atmospheric Administration

  4. USAMRIID NBACC JHU UMBI UMBC DOE CARB NIST AFIP TIGR JCVI FDA CVM USUHS WRAIR FDA BARC USDA NIH DOE GTU GWU Private Sector Company Concentrations MARYLAND’S BIOSCIENCE REGION STRATEGIC PROXIMITY Just two hour access to 80% of the U.S. pharmaceutical industry and more than 1,000 biotechnology companies

  5. National Institutes of Health • 27 Research Institutes and Centers • $27.9 billion USD in funding • ~2,400 resident & visiting MD/Ph.D.s of 18,625 employees • 403 invention disclosures; 396 patents filed; and 122 patents issued in 2004 • Technology transfer opportunities (276 licenses executed in 2004) • 80 CRADAs per year • Exclusivity and non-competitive product interest

  6. Gateway to the Region’s Robust Federal & High-Tech Marketplace • Home to world-class federal research & regulatory agencies including: • Located at the epicenter of the Mid-Atlantic’s thriving marketplace: • Home to dynamic industry leaders:

  7. Academic & Research Assets • Johns Hopkins University • University System of Maryland at Shady Grove • University of Maryland Institute of Biotechnology – Center for Advanced Research in Biotechnology • The Institute for Genomic Research

  8. Elite Workforce • Population nearing 1,000,000 • Total workforce of over 460,000 • Advanced technology workforce over 54,600 • 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.

  9. Montgomery County Incubator Network • Maryland Technology Development Center 60,000 sf of office and wet labs in the Shady Grove Life Sciences Campus. 40-50 companies. • Silver Spring Innovation Center 20,000 sf of office space in downtown Silver Spring, 20-25 companies. • Wheaton Business Innovation Center 12,000 sf of office space near Metro, 15-25 companies • Rockville Innovation Center 23,000 sf of office space in new Town Square near Metro, 20-30 companies • Germantown Innovation Center (1Q08) 32,00 sf of office and wet labs in partnership with Montgomery College, 25-35 companies

  10. Our Results • 100+ companies have participated in the Incubator Program • Graduates now provide 1500 jobs in the County and occupy in excess of 500,000 sf of commercial space • Notable Grads: Avalon Pharmaceutical, Tetracore, Nextone Communications, Rexahn Pharma, Advanced Vision Therapy, Radius Technology, RioRey, Aeras Global Foundation, GeneDX and Canon Life Sciences

  11. Small & Minority Business Services • Award-Winning Mentorship Program • New Business Empowerment Division • Maryland Small Business Development Center Network • SCORE – Retired Industry Executives Resource • Small Business Outreach & Advocacy • Targeted Networking & Training Events • Small Business Financing

  12. Maryland Venture Fund (MVF) • Challenge Investment Fund ($150,000 seed) • Enterprise Investment Fund ($500,000 early stage) • $ leverage via large 13 year old VC network • TEDCO Maryland Technology Development Corporation • $50,000 - $75,000 awards – technology transfer collaborations • Federal Laboratory Partnerships (14 formal agreements) • Maryland Technology Development Fund ($75K) • University Technology Development Fund ($50K) • Fort Detrick Technology Transfer Initiative ($50K) • TechStart Fund ($15K) • Working Capital Loan Fund ($15K - $50K) • Maryland Stem Cell Research Fund ($200K - $1.5M) MdBio, Inc. ($25,000 - $250,000 investments) • Product Accelerator and Equity Investment Programs Entrepreneurial Support

  13. UMBI: Center for Advanced Research In Biotechnolgy • W.M. Keck Structural Biology Facility (research in protein engineering, structure & function) • NMR, X-ray crystallography, micro array core • 85,000 square-foot facility • USM-wide faculty access & resources • Partnered with NIST

  14. 6000 sf core GMP space for MCC and MF platforms (including QA/QC labs and fill/finish) • Plant & insect BSL 2/3 transformation facilities (new production platforms and pathogen research) • Launched Fall 2003 with a $50M State investment UMBI: Center for Advanced Research in Biotechnolgy II • Bioprocess development and cGMP production – Phase I (including workforce training programs) • 140,000 square-foot facility • Operational Fall ‘07

  15. Montgomery County Provides a Strategic Opportunity for Indian-based Companies • Montgomery County wants to be the location of choice for Indian-based companies seeking strategic opportunities in the United States. • Goal: Target India-based companies that want to establish a U.S. presence and provide them with the advantages of our diverse community, strong leadership, talented workforce, financial incentives and large base of federal headquarters.

  16. Leveraging Technology Transfer Relationships Current Activities • Promote information on SBIR, STTR, CRADA opportunities • Promote referral resources such as TEDCO, TCM/MdBIO Future Initiatives • Partnership with Federal Laboratories Consortium • Montgomery County Federal Assets Network • Web-based information and referral one-stop

  17. Department of Economic DevelopmentFor questions regarding technology transfer business partnering opportunities in Montgomery County, please contact Fizie Haleem at240.777.2018 orfizie.haleem@montgomerycountymd.gov111 Rockville Pike | Suite 800 | Rockville, Maryland | 20850Tel: 240.777.2000 | Fax: 240.777.2001www.montgomerycountymd.gov/ded

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