Maryland Governor Martin O'Malley announced an initiative to invest $1.1 billion in the state's bioscience industry. Over the next decade, he sees the money going toward tax credits, supporting start-ups, and funding stem cell research. O'Malley also wants to create a Maryland Biotechnology Center to accommodate academic, private, and state ventures. "These are not flash-in-the pan investments," says O'Malley, according to the Washington Post.