How does a region evolve to become a leading driver in the BioHealth Capital Region? What are the secrets behind the successful collaboration between various organizations like MCEDC (Montgomery County Economic Development Corporation), MTC (Maryland Tech Council), and the Maryland Department of Commerce? How does a serial biotech entrepreneur leverage his experience to grow a diverse cross-section of businesses, including life sciences, technology, cybersecurity, defense, and hospitality?
In this episode of BioTalk, host Rich Bendis chats with Brad L. Stewart, SVP of Economic Development for Montgomery County Economic Development Corporation (MCEDC). Brad's multifaceted career spans from being a Chief Executive Officer to leading expert teams in strategy and innovation, plus economic development specialists in Montgomery County.
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Together, they delve into the MCEDC Life Science support programs, the remarkable evolution of the region over the last 20 years, Brad's new role as Chair of MTC, and the shared values and collaboration in the region. They also celebrate Brad's achievements and discuss the current state of the Life science industry, especially in MOCO and BHCR.
Join this engaging conversation to uncover the strategies and insights that have shaped Montgomery County's economy and the life sciences field. Learn from Brad's leadership and his ability to thrive on complex strategic opportunities. Tune in to this episode of BioTalk to explore the innovative and collaborative spirit that's driving growth and success in the industry.
Brad is a serial biotech entrepreneur now working to grow Montgomery County’s economy, which approaches $100 billion per year and is the leading economic driver of Maryland.
He leads strategy and innovation, and also economic development specialists focused on growing a diverse cross-section of businesses – including life sciences, technology, cybersecurity, defense and hospitality.
Brad is also a dedicated advocate for the life sciences industry. He chaired Maryland Life Sciences for a decade, the State affiliate of BIO, and is Chair of the Maryland Tech Council. Brad is a fearless leader who’s invested his career in building, and turning around, life sciences companies to maximize shareholder value. He thrives on complex strategic opportunities and has successfully executed against challenges repeatedly while commercializing companies on a global scale.
Brad has served in multiple Chief Executive, Board and Board Advisory roles across a diverse range of specialty-areas of the life sciences industry including: immunology, oncology, transplant, orphan drugs, diagnostics, development and management of joint ventures, plus extensive management consulting and corporate strategy assignments. He also has extensive management consulting experience from leading the life sciences corporate strategy practices for two major international consulting firms.
Previously Brad served as Chief Executive Officer of Immunology Partners and Chief Executive Officer of Cylex, Inc., where he executed a turnaround for an early stage, venture capital backed company (Roche, Siemens, Canaan Partners).