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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does this mean that they won’t be breaking ground in their new Gaithersburg HQ after all? LOL
https://wtop.com/montgomery-county/2021/06/novavax-opens-new-gaithersburg-headquarters/

who is buiding giant headquarters that far out in the suburbs. It’s a dying model.

Exactly. A model that is dying so fast that Amazon has doubled down on a corporate HQ in… Herndon.
https://patch.com/virginia/herndon/amazon-web-services-celebrates-grand-opening-of-herndon-headquarters

Not to mention Google’s investment in Reston.
https://www.ffxnow.com/2022/04/19/google-announces-300m-investment-in-virginia-from-reston-office/

Don't compare biotech and pharma to the rest of tech and corporate though. Science companies need lab space.

The PPP was commenting on the suburban location being a “dying model” which is belied by all available evidence.

Again, don't compare biotech and pharma to the rest of corporate. Nearly all major pharma companies have HQs in suburbia outside a major city. You need tons of lab space and need to meet environmental regs. You can find that kind of space and distance from population in urban centers. Your pushing pipettes, not pencils or keyboards.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does this mean that they won’t be breaking ground in their new Gaithersburg HQ after all? LOL
https://wtop.com/montgomery-county/2021/06/novavax-opens-new-gaithersburg-headquarters/

who is buiding giant headquarters that far out in the suburbs. It’s a dying model.

Exactly. A model that is dying so fast that Amazon has doubled down on a corporate HQ in… Herndon.
https://patch.com/virginia/herndon/amazon-web-services-celebrates-grand-opening-of-herndon-headquarters

Not to mention Google’s investment in Reston.
https://www.ffxnow.com/2022/04/19/google-announces-300m-investment-in-virginia-from-reston-office/

Don't compare biotech and pharma to the rest of tech and corporate though. Science companies need lab space.

The PPP was commenting on the suburban location being a “dying model” which is belied by all available evidence.

That's a shame. I have several former colleagues who work there who are really smart people. I'm sure they will land on their feet but they did seem really happy there.

Akorn is also shutting down. I think in a different interest climate both would have been acquired.