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Economic development update spotlights local biotech firm Elucia
Mayor and City Council of Gaithersburg City · March 17, 2026
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Summary
City economic development remarks highlighted Gaithersburg's biotech cluster and described Elucia's recent financial turnaround, a sale of a product line to Boston Scientific, and ongoing marketing of additional products.
During the March 16 meeting the council received an economic development update highlighting Gaithersburg as a regional biotech center and briefly spotlighting Elucia, a regenerative medicine company operating in the city.
The presenter noted the city hosts substantial lab space and…
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