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Governor O'Malley Announces $200 Million Investment In Maryland By Top Brazilian Pharmaceutical Company
Date:12/3/2013

utting-edge companies will help to cure diseases and develop new therapies to save lives across the globe." 

"By establishing Brace's operations in Rockville, Maryland, we have access to one of the U.S.'s top life sciences communities," Brace's Plorer said. "There is a talented pool of industry experience to draw upon as we expand our footprint. Moreover, there is established infrastructure and support from companies, universities, NIH and FDA."

Governor O'Malley also announced that DK Diagnostics, a Sao Paulo, Brazil-based biotechnology company, is planning to expand its presence in Maryland, invest $1 million in the new operation and grow to 20 employees over the next two years. Founded in 2004, the company manufactures and markets a parasite testing kit called PARATEST. Currently, the company has four employees in an office in Frederick and recently began manufacturing the product in Maryland.

"It is our goal to become an export company to NAFTA's market from our plant in Maryland and help fortify the concept of biotechnological innovation that is the State's mark," said Jose Carlos Lapenna, DK Diagnostic President & CEO.

Earlier today, Governor O'Malley addressed the Federation of Industries of Sao Paulo, which represents more than 30,000 industrial companies. As part of the presentation, called "Doing Business in Maryland," the Governor highlighted the State's top-ranked education system and leadership in the Innovation Economy, including biotechnology, cyber security and advanced manufacturing.

About EMS
EMS is the largest pharmaceutical company in Brazil, and the second largest pharmaceutical company in Latin America. With a 5
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SOURCE Office of Governor O'Malley
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