Biotech Company to Add 50 New Jobs

With the unemployment rate in Montgomery County at a record high (see my July 28 post), I’m glad to hear that RNL Biostar will add 50 jobs in the County in the next three years. The company just opened a new 4,000 square-foot stem cell R&D and manufacturing facility at the Germantown Innovation Center (GIC). The GIC opened last fall as part of the Montgomery County Business Innovation Network.

RNL Biostar joins 22 other GIC companies that have established or expanded a presence in the County because of numerous business assets, including 300-plus biotech companies, 19 federal research and regulatory agencies, nearly 60,000 public and private sector life sciences professionals and the highest per capita concentration of PhDs in the nation. Welcome, RNL Biostar!