BY PROMOTING MEDICAL INNOVATION, JOB CREATION

Governor to join former Majority Leader Dick Gephardt to release study on medical innovation in America

ANNAPOLIS, MD – Governor Martin O’Malley will continue his “Jobs Across Maryland Tour” tomorrow with former U.S. House of Representatives Majority Leader Dick Gephardt as they release Gone Tomorrow, a study on promoting medical innovation, creating jobs and finding cures for diseases.

Medical innovation has the proven ability to generate economic growth by sustaining and creating new jobs in the highly desirable, knowledge-based economy and providing significant health advances that benefit individuals and society as a whole. The study, prepared by the Battelle Technology Partnership Practice, develops a policy agenda for the continued investment in medical innovation, which will fuel job creation and discovery of cures.

Under Governor O’Malley’s leadership, Maryland continues to invest in an “innovation economy,” even in tough times, through initiatives such as BioMaryland 2020, increasing investments for Biotech Tax Credits, extending the Research & Development Tax Credit and proposing Invest Maryland to invest in Maryland’s emerging technology and bioscience companies.