According to Yahoo! Finance MedImmune will be expanding their operations in Frederick and other parts of Maryland.

MedImmune, Inc. (Nasdaq: MEDINews) announced today its decision to expand the company’s biologics manufacturing capacity by building a new facility adjacent to its current site in Frederick, Maryland. The build-out of the Frederick site, in addition to the ongoing expansion of MedImmune’s corporate headquarters facility in Gaithersburg, Maryland, may result in up to 840 new jobs in the state by 2008.

Good news for Frederick, the more jobby jobs the better. The new facility will be complete in late 2009.