Key Industries:
LIFE SCIENCES
Leading the Way in Life Sciences
Life sciences companies need a robust scientific and technical community behind them. Here in Maryland, we call that community our innovation ecosystem, and it’s unlike anything else you’ll find in the U.S. What makes our ecosystem so special? Maryland is home to the FDA, NIH, and leads in the concentration of federal tech transfer facilities. Here, find renowned universities, a highly trained scientific workforce, and initiatives designed to bolster innovation and success in life sciences.
Beyond the Bench: Workforce Solutions
Maryland is one smart state – one of the smartest in the nation. When you take a closer look at life science professionals, you see an even brighter picture. A well-stocked industry talent pool continues to grow, thanks to leading academic programs all over the state, from science powerhouse Johns Hopkins University, to Montgomery College and a host of other community colleges bolstering the local biotech workforce. Other initiatives are ensuring our workforce isn’t just educated, but work-ready, helping prepare life science professionals for every role, from the lab to the manufacturing floor.
C-Suite Perspectives: Why Maryland for Life Sciences
Whether you need access to key federal partners, a top-rated workforce, or the nation’s leading healthcare institutions at your disposal, Maryland can offer your business what it needs to succeed. But, don’t take it from us. Hear from Maryland-based executives on why they chose Maryland.
A Connected Community
Our life science community is anchored by the NIH, FDA and industry giants like AstraZeneca and Thermo Fisher. Beyond these powerhouse entities, you’ll find leading academic institutions, an extensive community of life science companies to collaborate with, and organizations built to support life sciences innovation in Maryland. Our strong, supportive community is constantly offering events and opportunities to Maryland companies to help them find funding, get connected to partners, or achieve whatever is needed for success.
Innovation in Action
Maryland is one of the nation’s leading hubs for life sciences. Here, some of the biggest names in biotech come together with leading research universities and eager startups to drive innovation. Get to know some of the subsectors where Maryland is leading in life sciences. And for a more in-depth view of the life sciences sector, explore the Maryland Life Sciences Directory and the 1,800+ companies that proudly call Maryland home.
Maryland Life Sciences Stories
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Funding Programs
We know how important funding is to driving innovation in life sciences, so we’re putting our money where our mouth is — matching investments from investors, providing tax credits to boost R&D, and more. Get to know some of the programs available to life sciences companies in Maryland.
BIITC provides an investor with an income tax credit equal to 33% of an eligible investment in a qualified business up to $250,000 in tax credits, or 50% of an eligible investment in a qualified business up to $500,000 in tax credits if the business is located in designated areas.
Businesses that have qualified R&D expenditures in Maryland may qualify for two state income tax credits, the Basic R&D Tax Credit and the Growth R&D Tax Credit.
This program is targeted at tech companies working to raise venture capital. The tax credit program incentivizes investors who invest in local companies.
TEDCO, the Maryland Technology Development Corporation, offers a variety of funding programs that boost startup success in Maryland.
Leading Life Sciences Companies & Institutions
Maryland is home to some of the biggest names in life sciences, along with up-and-coming industry innovators and the sector’s most influential federal institutions.
Keep Exploring Maryland’s Innovation Ecosystem
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Quantum Computing
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Advanced Manufacturing
From biomanufacturing to medical device development, find the manufacturing resources you need in Maryland.
