Opportunities

Biomedicine and Health Care - Centers of Excellence

Biomedicines and Healthcare-Centers of Excellence Ohio has a strong history of innovation and a second-to-none network of clinical institutions. With an emphasis on research, development and marketing of pharmaceuticals, diagnostics, bioinformatics, medical devices, medical equipment and other health-related products, Ohio is developing the technologies that are growing an industry while also improving the lives of Ohioans.

With more than $2.5 billion in funding and over 1,140 bioscience entities in operation throughout the state, including the headquarters to two Fortune 500 companies – Cardinal Health and Procter & Gamble, Ohio is establishing an international leadership role in the cutting-edge biomedical and healthcare industry. Between January 2002 and June 2008, over $400 million of Ohio's $1.6 billion Third Frontier funds had been competitively awarded to support bioscience-related development and commercialization initiatives. Since 2002 more than 90 diverse biomedical projects have been funded by Ohio's Third Frontier, epitomizing the breadth and depth of the state's bioscience-based economic development.

Ohio's superior medical system also helps explain the state's emerging dominance in the biomedical and healthcare fi eld. In U.S. News & World Report's 2008 "America's Best Hospitals" list, 14 Ohio hospitals were ranked among the nation's top 220 hospitals in a variety of specialties, ranking Ohio among the top 5 states. Of those Ohio hospitals, the Cleveland Clinic's Heart Center was named the best in the nation for cardiac care – a title it has held for 14 years in a row. The 2008 U.S. News & World Report "America's Best Children's Hospitals" rankings show that 4 of the top 15 pediatric hospitals are in Ohio—Cincinnati Children's Hospital Medical Center (3rd), University Hospital's Rainbow Babies & Children's Hospital in Cleveland (5th), Children's Hospital Cleveland Clinic (14th) and Nationwide Children's in Columbus (15th). Due in part to its strong clinical network and medical reputation, Ohio hosted 16 percent of all clinical trials conducted in the U.S.

Ohio's Centers of Excellence in Biomedicine and Healthcare are located at 14 universities throughout the state. Twelve of these institutions are part of the University System of Ohio, the largest comprehensive public system of higher education in the nation. Two are the nation's top ranked independent research institutions. All of these institutions are committed to focusing their academic and research activities on biomedicine and healthcare to further strengthen Ohio's international reputation as a leader in bioscience research and development. The 14 universities home to Ohio's Centers of Excellence in Biomedicine and Healthcare are:

Highlights

Ohio ranks 4th in Biotech Strength by Business Facilities Magazine
Ohio ranks 10th in number of medical device employees in AdvaMed's State Impact of Medical Technology Industry Report
Ohio has 10 of the top 100 technological innovations made in the U.S. in R&D Magazine's latest rankings – that's more than any other state except California.
Ohio's research medical centers directly or indirectly employ 252,195 Ohioans.
Since 2006, new organizations have come to Ohio from 13 states and nine foreign countries.
The total economic impact of Ohio's bioscience industry was $148.2 billion – 15.7 percent of Ohio's total economic output. That is up slightly from $146 billion in 2006.
Ohio had fi ve of the top 10 healthcare systems according to a 2009 Thomas Reuters survey.
The biomedical and healthcare industry directly and indirectly generate more than 1.4 million jobs in Ohio, or one in every four Ohio workers, according to the Ohio Bioscience Growth Report.