As the 21st century dawned, Maryland Technology Development (TEDCO) and the Maryland Department of Business and Economic Development (DBED) commissioned a set of studies – published in 2002 and 2004 – of the “genealogies,” or family histories, of companies in the bioscience, medical instruments, and bio/medical/health informatics sectors.1 Marsha Schachtel, current Principal of MRBS LLC, and her graduate student research assistants at the Johns Hopkins Institute for Policy studies undertook the work. This report summarizes an analysis of a recent update by MRBS LLC of these inventories.
At the midpoint of the second decade of the 21st Century, the seed corn in Maryland’s research institutions remains at healthy levels. The rates at which it has been drawn down and planted and nurtured successfully have accelerated. The investments in new eco-friendly fertilizers such as mentors and growth accelerators have paid off. The new crop of biohealth companies is thriving.