Sponsored

Nationally recognized as the third-largest biopharma hub in the country, and home to thriving industry clusters including technology, defense, and satellite and advanced communications, Montgomery County continues to attract global brands, generate high-quality and high-paying jobs, and drive economic growth.

Recent investments from global industry leaders highlight this continued momentum.

This past March, Samsung Biologics had its official ribbon cutting in Rockville. The Korean contract development and manufacturing leader expanded into the U.S. market through its acquisition of the former Human Genome Sciences facility in Rockville. The acquisition will retain more than 500 jobs and marks Samsung Biologics’ first U.S.-based manufacturing site, further cementing Montgomery County’s position as a premier destination for life sciences companies of all sizes. “During our international trade mission last year, we met with the Samsung Biologics team in Seoul to discuss the economic momentum in Maryland. Today’s ribbon cutting is the realization of that meeting and our state’s momentum,” said Maryland Governor Wes Moore. “South Korea’s largest biotech company is opening its first U.S. manufacturing facility here in Maryland. In the state of Maryland, we are delivering for our people and not playing for second.”

Last October, biopharmaceutical giant AstraZeneca, headquartered in Gaithersburg since 2013, announced that it will build another state-of-the art facility, also in Gaithersburg. This new facility, which follows the opening of the company’s $300 million cell therapy manufacturing facility opened in Rockville last spring, will create 100 new jobs and continue to expand the company’s R&D footprint in the County. (more…)


Law

Maryland Attorney General Anthony G. Brown and 11 other attorneys general announced plans to file a lawsuit against the U.S. Department of the Treasury for granting Elon Musk and his “Department of Government Efficiency” unauthorized access to Americans’ sensitive financial data. (more…)


Crime

Markus Carter, 22, of Silver Spring, was sentenced in Montgomery County Circuit Court to 32 years in prison, suspending all but 12 years, plus five years of supervised probation, after pleading guilty to fentanyl and firearm-related charges, while also awaiting trial for a separate synthetic cannabinoid distribution case. (more…)