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Governor Celebrates BioPark's Success

Gov. Martin O'Malley, in Baltimore for his "Capital for a Day" promotion, announced that the BioInnovation Center (BIC) at the University of Maryland BioPark would double in size in response to expansions and new leases in the wet-lab facility.

Gliknik, Inc., the first company to locate in the BIC in 2008 and a spinoff of the University of Maryland, Baltimore, will more than double its initial space with the addition of a fourth lab module. Fyodor Biotechnologies, Inc., a Johns Hopkins University spinoff that located in the BioPark at the beginning of the year, is now adding a second lab module. Also, Washington, D.C.-based InstantLabs Medical Diagnostic Corp., and Rockville-based Amplimmune signed leases for lab or office space in the BIC in the past few months.

The expansion will double the square footage of the lab-and-office facility - a component of the six-story, 238,000-square-foot 801 W. Baltimore St. building - to 18,000 square feet. Wexford Science and Technology, the building's Baltimore-based developer, created the BIC specifically for early-stage companies that need wet-lab space within a vibrant life-science cluster and chose to move forward on the $1.5 million expansion.

O'Malley's Capital for a Day event brings his cabinet members into different towns and cities in Maryland. He focused on jobs and the economy during his stop in the BioPark, where about 400 people are employed by more than a dozen bioscience companies and ancillary businesses. Many of the companies are built around discoveries from the scientists and laboratories at UMB or Johns Hopkins University.

O'Malley was officially welcomed to the BioPark by UMB President Jay A. Perman, MD, who recalled being at the groundbreaking for the park six years ago when O'Malley was Baltimore's mayor. Both men remarked at the park's rapid growth and success at promoting job creation, and both said none of that could have happened without partnerships among governments, educational leaders, and entrepreneurs.

University of Maryland BioPark - Governor's "Capital for a Day" Remarks from UMB news on Vimeo.

Here is a short video showing scenes from the "Capital for a Day" event at the University of Maryland BioPark including the governor's cabinet meeting following remarks.

Posting Date: 07/29/2010
Contact Name: Jeffrey Raymond
Contact Phone: 410-706-3803
Contact Email: jraymond@umaryland.edu