Navigation Links
Ohio Bioscience Industry Leads Midwest, Among Best in Nation as Investment Destination
Date:10/21/2009

COLUMBUS, Ohio, Oct. 21 /PRNewswire/ -- While other states jockeyed for position on Business Facilities Magazine's second-annual Biotechnology Strength Report, Ohio defended its ranking as best in the Midwest and No. 4 in the nation for its strengths in the bioscience industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071107/CLW113LOGO )

Ohio's exceptional bioscience ranking is in part due to updated estimates of overall biotechnologies economic impact, incentives, academic research expansion, major new initiatives, growth potential and employment numbers. According to the Ohio Business Development Coalition, the nonprofit organization that markets the state for capital investment, the biotechnologies report further validates Ohio's standing as a national leader in the bioscience industry.

"Ohio Third Frontier project investments in innovation and technology, especially in the biosciences, really have catalyzed growth in both public and private sectors of our state's emerging industries," said BioOhio president and chief executive officer Tony Dennis, leader of the state's biotechnologies accelerator non-profit. "According to BioOhio's most recent Ohio Bioscience Growth Report, public and private investment has contributed to more than 1,100 bioscience organizations operating in our state, with an average of 70 new companies starting operations each year from 2004 to 2008."

The biotechnologies report's authors conclude that "the still-hot biotech sector has cemented its status as a crucial building block for future growth."

"That is certainly true in the State of Ohio," Dennis said.

According to Ed Burghard, executive director of the Ohio Business Development Coalition, Ohio's strength across all biotechnologies sectors - represented by the Red (health), Green (agriculture) and White (industrial) color model established by European biotechnologies leaders - is a leading reason behind its national performance in the bioscience industry. "Coupled with our state's other outstanding assets, business leaders are realizing how, in Ohio, they're able to find a perfect balance between successfully growing a business and still enjoying life," Burghard said. "Business owners profit from the bottom-line benefits of better work-life balance for their employees in low-cost, low stress communities in a combination of micropolitan and metropolitan. cities. Ohio truly is the state of perfect balance."

About the Ohio Business Development Coalition

The Ohio Business Development Coalition is a nonprofit organization that provides marketing strategy and implementation to support Ohio's economic development efforts. For more information, visit www.ohiomeansbusiness.com.

SOURCE Ohio Business Development Coalition


'/>"/>
SOURCE Ohio Business Development Coalition
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. OriGene Technologies Acquires Marligen Biosciences
2. Kansas Bioscience Authority Commits $50 Million to Increase Venture Capital, Accelerate Bioscience Business Growth
3. Cytopia Merger with Toronto-based YM BioSciences Inc.
4. YM BIOSCIENCES ANNOUNCES OFFER FOR CYTOPIA LTD., AN AUSTRALIAN CANCER-FOCUSED DEVELOPMENT COMPANY
5. Regado Biosciences To Present at the 2009 Japan Biopharma Partnering Conference on October 6, 2009
6. Sigma-Aldrich(R) and Sangamo BioSciences Announce Major Expansion of ZFP Technology License Agreement
7. Neurocrine Biosciences Amends Corporate Headquarters Lease
8. Compendia Bioscience Announces the Release of Oncomine 4 Research Edition
9. Ohio Executive Shares Why Ohio is the Perfect Location for Bioscience Business in National Ad Campaign
10. EUCODIS Bioscience Launches Lipase Portfolio
11. Regado Biosciences Announces Allowance in Europe of a Fundamental Patent Broadly Covering Oligonucleotide Modulators to Blood Coagulation Factor Aptamers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/8/2016)... -- The Board of Directors of the Pittsburgh Life ... only pure life sciences investment firm, today announced ... plan developed by the Nominating and Governance Committee over ... F. Jordan is selected to serve as President ... , who is elected to the position of Executive ...
(Date:12/8/2016)... 2016  OncoSec Medical Incorporated ("OncoSec") (NASDAQ: ... cancer immunotherapies, today announced financial results for the ... are delivering on our commitment to address an ... We are pleased with the early clinical response ... we are focused on advancing our lead program ...
(Date:12/8/2016)...  Biotheranostics today announced that new data will ... Cancer Index (BCI) in identifying which patients with ... for disease recurrence and might benefit from extended ... advancing the understanding of the value of BCI ... inform decisions related to patient treatment. These data ...
(Date:12/8/2016)... Washington, USA, and CARDIFF, UK (PRWEB) , ... ... ... circuits with very high precision light to control cells — optogenetics — is ... In the current state of the art, spatially patterned light projected via free-space ...
Breaking Biology Technology:
(Date:12/2/2016)... , December 1, 2016 ... (Fingerprint, Voice), Future Technology (Iris Recognition System), Vehicle ... - Global Forecast to 2021", published by MarketsandMarkets, ... Million in 2016, and is projected to grow ... CAGR of 14.06%.      (Logo: http://photos.prnewswire.com/prnh/20160303/792302) ...
(Date:11/30/2016)... 30, 2016 Not many of us realize that we spend ? of ... we need to do it well. Inadequate sleep levels have been found to lead ... diabetes, and even cancer. Maybe now is the best time to rethink ... them to manage their sleep quality? Continue Reading ... ...
(Date:11/29/2016)... BioDirection, a privately held medical device company developing novel ... concussion and other traumatic brain injury (TBI), announced today ... the U.S. Food and Drug Administration (FDA) to review ... meeting company representatives reviewed plans for clinical development of ... a planned pilot trial. "We are ...
Breaking Biology News(10 mins):