Modavar Pharmaceuticals Readies Frederick, Maryland Production Center
08/26/2020
The company plans to occupy 22,000 square feet at the facility, and employ approximately 35 associates. The site is under construction with the company planning to occupy the new space in December 2020.
According to Khurshaid Kazmi, Head of Engineering of Modavar Pharmaceuticals, “We chose Frederick County to be our new base for Research and Manufacturing of new and existing therapeutics because of the unmatched support we have received from the local government and also because of the infra-structure of the area. We have noticed a speedy growth in Frederick’s technology hubs and that will attract scientists to come and settle in Frederick.”
Helen Propheter, Executive Director, Frederick County Economic and Workforce Development said, “We are thrilled to have Modavar Pharmaceuticals join our strong life science community. We recognize the tremendous economic benefit Modavar brings to our community and we are excited about their new technology.” Due to the critical timing needs of the company, Modavar was approved for Frederick County’s Fast Track permitting placing them as a top priority to meet their occupancy deadline.
Modavar Pharmaceuticals, a sister company of Cadila Pharmaceuticals, plans to produce life-saving products for a variety of health problems. They will be able to specifically serve pediatric and geriatric patients adopting the new concept of individualized treatments. Modavar will run two manufacturing lines, one for liquids and the other will be solids, using new technology they developed.
“I’m pleased to welcome Modavar Pharmaceuticals to our community,” Frederick County Executive Jan Gardner said. “Modavar’s cutting-edge manufacturing facility will provide essential pharmaceuticals for the rapidly growing field of personalized medicine. Even in the midst of a pandemic, it is clear that Frederick County is a great place to do business.”
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024