Federal Realty Investment Trust announced this week that it has completed the sale of Pallas at Pike & Rose in North Bethesda, marking a major Montgomery County transaction as part of a broader $170 million asset sale.
Federal Realty Investment Trust announced this week that it has completed the sale of Pallas at Pike & Rose in North Bethesda, marking a major Montgomery County transaction as part of a broader $170 million asset sale.
Montgomery County has issued an Extreme Cold Alert from Monday, December 22 at 10pm until Tuesday, December 23, at 8am. Wind chills are expected to fall below 32°F, and residents are advised to dress in layers and take precautions if spending extended time outdoors. (more…)
The St. Mary’s County Sheriff’s Office is asking for the public’s help in locating Brooklyn Jean Conner, a 17-year-old who has been reported missing and was last seen in Montgomery County.
Montgomery County, MD is commonly known as being a suburb of the nation’s capital, but what might surprise some is that it is also home to a thriving biotech ecosystem. With over 350 life sciences companies, including global brands like AstraZeneca, United Therapeutics, and Novavax, Montgomery County anchors the third largest biophama hub in the U.S., behind only Boston and San Francisco.
Running annually in Washington D.C. for over 25 years, World Vaccine Congress attracts an international audience from over 80 countries and convenes more than 3,000 people to learn about the latest trends, research, and technologies in the vaccine industry. This year, Montgomery County took center stage, with a featured session on the extensive Biologics Value Chain in the County, as well as a session during which County Executive Marc Elrich spoke about the extensive resources available to companies here, and an exhibit space showcasing these resources.
A Complete Biologics Value Chain in One Region
One of the defining strengths of Montgomery County is its ability to support the full lifecycle of biologics, all the way from early research to large-scale manufacturing. During the panel discussion, moderated by Dr. Stefanie Trop, Director of Life Sciences at the Maryland Department of Commerce, local leaders emphasized that the region’s strength lies in its network of partners who work collaboratively across discovery, development, testing, and production. Panelists from companies in all stages of the value chain spectrum included Dr. Andrew Lees, Founder of Fina Biosolutions, Benjamin Moutier, Senior Vice-President, Vaccines and Immune Therapies at AstraZeneca, Dr. Helen Sabzevari President & CEO of Precigen, and Dr. Frederick Holtsberg, Chief Scientific Officer of Integrated BioTherapeutics.
This end-to-end capability in close geographical proximity gives companies a unique advantage and is rare to find in other markets, even established ones like San Francisco and Boston. In fact, only a handful of places worldwide offer the combination of infrastructure, expertise, and collaboration found in Montgomery County and if diversity, education and population density are taken into consideration – then Montgomery County standouts even more.
“Gaithersburg is one of the six places in the world where we can do what we’re doing,” explained Benjamin Moutier, Senior Vice-President, Vaccines and Immune Therapies, AstraZeneca. “We have the right partners at every step of the value chain [in Montgomery County].”
A Strong Partnership Network
Biotech breakthroughs rarely happen in isolation. They depend on strong partnerships between private companies, local and state governments, academic institutions, and workforce training organizations. Montgomery County has intentionally cultivated these connections, making collaboration and coordination defining characteristics of its life sciences ecosystem.
Dr. Frederick Holtsberg, Chief Scientific Officer at IBT Bioservices, a full service CRO offering clinical & preclinical contract research services, says the company’s close partnerships between them and local stakeholders have been crucial to its success. “As a Rockville-based company, we’re grateful for the partnership and support from city, County, and state leaders,” explained Dr. Holtsberg. “These programs have helped fuel our growth, and we’re excited about the continued momentum of our community.” (more…)
A Montgomery County Circuit Court judge sentenced Ervin Alfaro-Lopez, 34, of Germantown, to 55 years in prison, with all but 20 years suspended, after he pleaded guilty to sexual abuse of a minor and three counts of third-degree sex offense.
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Governor Wes Moore announced that Maryland state government agencies and offices will be closed on Wednesday, December 24, in observance of Christmas Eve, with state offices also closed on Christmas Day, December 25. Liberal leave will be in effect for state employees on Friday, December 26. (more…)
Montgomery County Fire and Rescue Services (MCFRS) provided mutual aid to Prince George’s County Fire/EMS on Monday morning following a house fire in the 5600 block of Taylor Road in Riverdale Park. (more…)
Detectives from the Montgomery County Department of Police – Special Victims Investigations Division are asking for the public’s assistance in locating Jasmin Gonzales Morena a missing 15-year-old. (more…)
The Comptroller of Maryland has submitted regulatory amendments that will raise the tire recycling fee to $1.00 and add a new $5.00 new tire fee on the first sale of a new tire in the state, effective January 1, 2026.
Four Maryland Powerball players each won $50,000 in third-tier prizes over the past week as the jackpot grew to an estimated $1.6 billion, with winning tickets sold in Bowie, Gwynn Oak, Hagerstown, and Stevensville. (more…)
Gift card scams are on the rise, and police are warning shoppers that a newer method can impact anyone, not just residents of a specific area.
Kako Claw is coming to Westfield Wheaton mall. It will be located on the upper level, in the former Van’s space. (more…)