Paragon Bioservices gets state, county aid for expansion - Baltimore


Mar. 20, 2018 12:59 pm

Paragon Bioservices gets state, county aid for expansion

The company received $660K in funding from the state of Maryland and Anne Arundel County for its new manufacturing facility.

Baltimore's BioPark is part of the University System of Maryland.

(Courtesy photo)

Paragon Bioservices is receiving funding from the state and county as part of a plan to open a new biotech manufacturing facility in Anne Arundel County.

Earlier this year, the contract manufacturer of biopharmaceuticals announced plans for the new 150,000 sq. ft. facility near BWI. The company said it was aiming to add 200 jobs, and is aiming to open the location in the next two years.

This week, the state said that the company received a $600,000 conditional loan from the Maryland Department of Commerce. Additionally, Anne Arundel County is providing $60,000 in aid. The company is also eligible for tax credits from a pair of programs called the Job Creation Tax Credit and More Jobs for Marylanders.

The company has said the new site will allow expansion of its work with companies who are developing gene therapy and vaccine treatments. It will have equipment allowing production for clinical trials, as well as additional lab space.

“Our More Jobs for Marylanders program has been helping companies like Paragon Bioservices expand into different areas of our state and create good jobs for Maryland workers,” Gov. Larry Hogan said in a statement. “This new location will enable the company to take their work with gene therapy to the next level of development, and we are excited to help them grow in Maryland.”

Paragon Bioservices is currently based at the University of Maryland BioPark, and will keep that space with the expansion. However, some of the company’s business development and administrative activities will move to Anne Arundel County. The company said 200 people will continue to work at the BioPark location.



Kenrick Gordon named director of Maryland Office of Rural Broadband

This map shows the regional contours of biotech

The tech and people shaping manufacturing’s future have the floor at Techtonic Shift



How Think|Stack and Year Up are cultivating local tech talent

Baltimore, MD 21201

14 West

Advantage Solution Specialist

Apply Now
Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now

The One and Only Corp

iOS/Android Developer

Apply Now

New York firm leads $40M Series A for Baltimore-based Dracen Pharmaceuticals

Pixelligent is looking to help an optical lens maker shine

A Baltimore company is spinning nanofibers into BioPapers



Let these free workshops help your business really take off

Baltimore, MD


UI/UX Designer

Apply Now
3500 Boston St, Baltimore, MD 21224


Sales and Business Analyst

Apply Now


System Administrator

Apply Now

Sign-up for daily news updates from

Do NOT follow this link or you will be banned from the site!