A coalition of Maryland biotechs, universities and Montgomery County officials have committed $1.25 million in a bid to aid a fragmented life sciences sector. The group also is hiring a CEO and taking space in county offices. Officials been quietly laying the groundwork for BioHealth Innovation Inc. since 2009 and are preparing to publicly announce it by the end of the year as an intermediary that will try to boost tech transfer, increase bio investment and facilitate hiring.
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