Maryland’s Montgomery County experienced strong investment in 2023, with over $2.2 billion generated through more than 100 deals. Life sciences companies were a major driver of investment, bringing in over $500 million in funding. The Biohealth Capital Region, where Montgomery County is located, rose to the third position in the top 10 U.S. biopharma clusters. Other industries, such as technology and manufacturing, also saw substantial investments. Montgomery County is home to major federal agencies, including the National Institutes of Health and the Food and Drug Administration.
Revolutionary Investments in Montgomery County – 2023 Unleashes Prosperity

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