I read yet another story in an out of town publication about the expansion at LifeTech in Frederick.
I case you missed it Joe Donegan announced this at the last BioBeers and I could have broken the whole to wide open.
So that’s two News stories I scooped at BioBeers that I haven’t broken. The other was, of course, the Bruce Ivins’ suicide.
Anyways, here’s a link and nice story from GlobeSt.com (I sworwe I had seen this story inthe Gazette or Fred News-Post, but can’t find the story in either of them):
L
ife Technologies has inked a lease to occupy an entire industrial/flex building here owned by J&N Properties. The 56,438-square-foot lease is a ten-year term for the biotech company, which also plans to expand the building for pharmaceutical distribution, according to Chad Tyler of Tyler Donegan Real Estate. Tyler, along with Joseph Donegan represented the landlord in the transaction. CBRE’s David Palank and Frank Graybeal repped the tenant.
The building, located at 7311 Governor’s Way, had been vacant, Tyler tells GlobeSt.com. “Life Technologies will be spending about $1.5 million to renovate it,” he says. The asking rate for the building had been $7.25 per square foot, triple net.
From what I heard, the plans are to build out the former PGC Scientific space into clean rooms and state of the art distribution facilitys for cGMP production of therapeutic (presumably cell-based) products.
If this is true, then Frederick County will likely be the largest producer of mammailan cell culture therapeutic productss on the Earth, combined with the Lonza-Walkersville site.
And a really interesting story in the Washington post about how the DC area is the Center of the Stem Cell Universe, or at least the most desirable
College Graduates Flock to DC Area
The Associated Press: Tuesday, May 26, 2009; 7:21 AM
“The Washington area is attracting recent college graduates because the chances of landing a job remain high despite the economic downturn, experts said.
The area is “adding jobs in [service-providing industries] and in health care and in the federal sector,” said George Mason University economist Stephen Fuller. “And the jobs we’re losing in the region,” such as construction and retail sales, “tend not to be college graduate-type jobs.”

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