Plans to expand MedImmune’s Frederick manufacturing plant will move forward with financial support from Frederick County after the County Council approved an agreement with tax credits and other economic incentives for the biotechnology firm Tuesday night.
In a 6-1 vote, the Frederick County Council approved the county’s $3.8 million contribution to a $6.8 million conditional loan for MedImmune’s expansion and an agreement guaranteeing the AstraZeneca-owned firm certain tax credits and access to specific county resources over the next decade.
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