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D.C. economy silver lining: Pandemic triggers booms in region?s biotech, data center industries – The Washington Post

By April 12, 2021No Comments
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The coronavirus pandemic has devastated our region’s economy overall, but it has also triggered explosive growth in a pair of critical technology industries on either side of the Potomac.

The medical battle against the coronavirus opened a gusher of nearly $8 billion in fresh investment last year in Montgomery County’s biotech companies. The money has accelerated the sector’s evolution from innovative but small-scale research to the sale and manufacturing of vaccines and drugs.

Image: Doses of the Pfizer-BioNTech coronavirus vaccine at George Washington University Hospital in Washington. (Jacquelyn Martin/Pool/Reuters)

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