MD: biotech sector bouncing back
The future of Maryland's bioscience industry is bright, officials say, as Montgomery County gave the green light this week to the massive "Science City" project, while bioparks in Baltimore and elsewhere continue to fill with growing ventures, the Gazette reports.
"Biotech has rebounded from the recession faster than just about all other industries here," said Christian S. Johansson, secretary of the Department of Business and Economic Development, who was among those who attended the Biotechnology Industry Organization's annual International Convention in Chicago this week.
"It's a huge industry in Maryland that will only get larger," Johansson said. "About 8 percent of the biotech companies in the country are based in Maryland, while we only have about 2 percent of the nation's population."
Posted by: MarilynManson | May 7, 2010 10:42 AM | Report abuse
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