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FSU Welcomes Spectrum BioScience to Incubator Site in Tawes Hall
10/15/2004

Frostburg State University this week signed an agreement to house a compound management facility for Spectrum BioScience, Inc., of Columbia, Md., on the FSU campus. The new facility enables Spectrum BioScience to provide the pharmaceutical and biotech industries with a unique opportunity for outsourcing the “bottleneck” areas of the drug discovery process. The company will set up residency in space located in FSU’s Tawes Hall.

Spectrum BioScience specializes in contract compound management. The company’s services consist of sample handling and precision weighing, as well as compound transfer and reformatting in a variety of vials and plates.

“We are delighted to be able to provide appropriate space and access to state-of-the-art facilities for Spectrum BioScience,” says Dr. Catherine R. Gira, FSU president. “This partnership also establishes a close working relationship between the staff of the company and our faculty and students in the sciences, especially chemistry. In sum, the location of this start-up company on our campus is mutually beneficial to Spectrum, to the University and to Allegany County, to which it will be bringing professional employment opportunities in biotechnology.”

FSU and Allegany County have been actively recruiting technology businesses to be housed in spaces on the FSU campus, including Tawes Hall and the Allegany Business Center at FSU. Over Oct. 1 and 2, FSU, along with several partners in state and local economic development, hosted “The Western Maryland Technology Showcase” to demonstrate the high-technology capabilities on the FSU campus. Spectrum BioSciences was one of several companies who attended the event.

“We are pleased to be able to expand our operations. The response from pharmaceutical and biotech companies continues to be very favorable toward the outsourcing of key portions of the drug discovery process,” said Spectrum President Bonnie Robeson, Ph.D. “Our partnership approach seamlessly integrates these services into the client’s existing workflow.”

Spectrum BioScience will move into the space at FSU on Nov. 1.

For further information on this release, contact:

Office of News and Media Services
Frostburg State University
101 Braddock Road
Frostburg, MD  21532-2303

Telephone: 301-687-3171
Fax: 301-687-7589
E-mail: news@frostburg.edu