"For NCI and the larger cancer community, this research park represents an opportunity to collocate private sector research and development programs, biotechnology partners, and academic collaborators on a research campus dedicated to reducing the cancer burden."
—Dr. John Niederhuber,
Director of NCI
Source: NCI at Riverside Research Park Ground Breaking, November 12, 2008
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The Facility
- 330,000 square foot state-of-the-art research and development facility situated within 177 acres park in Frederick, Maryland
- Only Federally Funded Research and Development Center (FFRDC), dedicated solely to biomedical research and development
- Aims to accelerate progress against cancer and AIDS through the National Cancer Institute's Advanced Technology Partnerships Initiative (ATPI)
- Opportunities for collocation of synergistic research institutions and life science companies
- Consolidation and expansion of advanced technologies spread among 33 aged buildings on Fort Detrick in Frederick
Key Sectors |
Economic Impact |
- Biopharmaceutical manufacturing
- Advanced Biomedical computing
- Administrative offices
to oversee public/private partnerships
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- $250 Million dollar total project cost for initial phase
- Funded by $5.2 billion
contract
from HHS signed September 24, 2008
- Facility to house 570 employees,
200 will be new hires
- 24-month construction phase will
generate an additional 400 local jobs
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