Civic News
Biotechnology / Investing / Municipal government / Real estate

Rockville-based biotech company looks to expand to Baltimore city

Rockville-based biotech company Emergent BioSolutions purchased a manufacturing facility on East Lombard Street in Baltimore city in 2009. Now it wants to purchased the 8 acres of city-owned property next to its East Baltimore facility to expand operations.

Rockville-based biotech company Emergent BioSolutions purchased a manufacturing facility on East Lombard Street in Baltimore city in 2009. Now it wants to purchased the eight acres of city-owned property next to its East Baltimore facility to expand operations.
The Baltimore Sun reports:

Emergent BioSolutions wants to exercise an option to buy 8 acres next to its East Baltimore manufacturing facility for an expansion that eventually could add up to 100 jobs, a company official said. … Emergent expects to spend between $40 million and $120 million over the next decade on the campus, [chief financial officer Bob] Kramer said.

Baltimore City Council is scheduled to consider the sale of the city-owned land in a vote today.

Companies: Emergent BioSolutions / Baltimore City Council
Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

Baltimore daily roundup: B-360's policy moves; a foundation's fight for financial inclusion; Digital Navigator training

Baltimore daily roundup: Johns Hopkins dedicates The Pava Center; Q1's VC outlook; Cal Ripken inaugurates youth STEM center

Baltimore daily roundup: Scenes from an epic Sneaker Ball; Backpack Healthcare in Google AI accelerator; local tech figures' podcast

Will the life sciences dethrone software as the king of technology?

Technically Media