My Recruiting Blog

One company is helping to create more Maryland biotech jobs.

Gov. Martin O'Malley recently announced that RNL Biostar is planning to expand in Montgomery County, a move that will create 50 new jobs. Maryland is currently home to more than 400 bioscience companies and 50 research-intense federal institutes and centers.

"The expansion of RNL Biostar in Maryland demonstrates the highly supportive environment and unmatched assets found within the state to advance our life sciences industry," O"Malley said in a press release.

"Maryland's unprecedented commitment to expanding the life sciences industry demonstrates our efforts to grow and sustain a robust, knowledge-based economy that will ensure future company expansion announcements throughout our state," he continued. "Maryland is widely recognized as a global hub to feed, fuel, and heal our world through the life sciences."

RNL Biostar plans to create a stem cell research and development and manufacturing facility at the Germantown Innovation Center. The company will invest $6 million for new equipment and facility improvements. The majority of the new jobs, which will be created within four years, will be for cell manufacturing technicians who will earn a salary of $50,000 per year.

"RNL Biostar's expansion in Montgomery County illustrates the strength and scope of our diverse biotech community," Montgomery County Executive Isiah Leggett said. "I was able to witness first-hand the important stem cell therapy research and development conducted by RNL Bio during my business development mission to Korea last fall, and the expansion of their U.S. subsidiary RNL Biostar here in the County will help advance this work and adds to the wealth of scientific capital found in Montgomery County, furthering our capacity to help heal and save lives around the globe from the local level."

Labels: Maryland biotech jobs