medical mart

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Cleveland medical mart: Big-name tenants will be a ‘litmus test’

When the backers of Cleveland's medical mart finally announce the project's tenants Friday at a ceremonial groundbreaking, savvy observers will scan the list for the identities of big-name "anchor tenants." The reason is simple: Those anchor tenants will be crucial to the success of the $465-million project by luring buyers who'll also visit the project's smaller, lesser-known tenants.

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Third Frontier renewal tops Ohio biomedical highlights in 2010

Most people in Ohio's biomedical industry would've considered 2010 a good year if just one key thing happened -- voters renewed the state's $1.35 billion, 10-year Third Frontier program, which is designed to energize Ohio’s economy by investing in cutting-edge technology. It happened and heads up MedCity News' list of the biggest highlights of the year for Ohio's biomedical industry.

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Ex-Pittsburgh mayor: Cleveland medical mart a ‘shot in the dark’

As Cleveland's $465 million medical mart project inches closer to a groundbreaking, critics still question whether the pricey investment is worth the risk. "It's a shot in the dark in some ways, in their ability to create a new economic diversity for their economy," said former Pittsburgh Mayor Tom Murphy, now a senior resident fellow at the Urban Land Institute.

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

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Cuyahoga County buys last piece of land for medical mart

Cuyahoga County has struck a deal to buy the final piece of land needed to assemble the property for Cleveland’s proposed medical mart. The $3.1 million option to purchase the Sportsman Restaurant ends a lengthy process of negotiations and appears to pave the way for groundbreaking to begin in October, as scheduled. The purchase brings […]