Emergent BioSolutions, Inc., repays Maryland building incentive

Emergent BioSolutions, Inc., has repaid $250,000 it received as an incentive to build in Frederick County, Maryland.

Officials with the Frederick County Office of Economic Development told FrederickNewsPost.com that Emergent BioSolutions, Inc., reimbursed the money last week.

County commissioners initially approved the funds to make infrastructure improvements on a building located on Geoffrey Way. The funds were also to help job creation once the work on the building was complete.

Emergent BioSolutions, Inc., informed Frederick County officials last year that it had found another location in Gaithersburg that was better suited for its expansion, according to the FrederickNewsPost.com report.

Laurie Boyer, the Frederick County economic development director, told FrederickNewsPost.com that she hoped Emergent BioSolutions would consider Frederick County for any possible future expansions.

R. Don Elsey, Emergent BioSolutions, Inc.'s senior vice president for finance and administration, said this would certainly be an option the company may consider in the future.

“As a neighbor to our headquarters location and place of residence for a lot of our employees, Frederick will always be an option for Emergent's potential future expansion,” Elsey told FrederickNewsPost.com.

Emergent BioSolutions, which recently received a $107 million federal contract to produce BioThrax, an anthrax vaccine that is the only vaccine approved by the U.S. Food and Drug Administration for the prevention of anthrax disease, opened a new $30 million facility in Baltimore last week.