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Posted at 12:30 PM ET, 04/ 9/2010

Fairfax nixes biotech center

By Washington Post editors

Fairfax County officials have nixed plans to fund a massive medical research center that would have challenged Montgomery County's effort to become the region's biotech hub, the Examiner reports.

County leaders were considering up to $150 million in revenue bonds to fund the project but appear to have changed their mind after Inova Health System said it wasn't able to come up with the $25 million previously pledged for the center.

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By Washington Post editors  | April 9, 2010; 12:30 PM ET
Tags:  Fairfax County Virginia, Inova Health System, Montgomery, Montgomery County, Montgomery County Maryland  
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