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Science and Technology
Biotech Research and Small Business Development Help Drive Economic Growth in Maryland
Submitted by Benjamin L. Cardin on 21 October, 2008 - 10:43.Maryland can take great pride in the fact that the biotechnology industry has become one of our state’s premier industries. Today, Maryland ranks 19th in population, but third in the number of biotechnology firms and related biotech employment, according to the U.S. Department of Commerce.
That gives Maryland an enormous advantage. The economy of the 21st Century will be driven by advances in the biotechnology industry. From life-saving vaccines to medical advances, Maryland stands at the forefront of economic growth tied to this industry.
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