Third Frontier

News

US Endoscopy eyes $4.7M expansion, job-creation incentives

US Endoscopy‘s chief operating officer hopes city and state economic development programs will help his company to keep innovating. The Mentor, Ohio, company makes endoscopic products aimed at unmet needs in the burgeoning market for minimally invasive surgical procedures of the digestive system. It offers about 140 products — many of them accessories that enable […]

Policy

Ohio Third Frontier creates nearly 55,000 jobs; 600-plus companies

Since its 2002 inception, the Ohio Third Frontier program has created nearly 55,000 jobs and helped create, attract or capitalize more than 600 businesses. Ohio Department of Development Director Lisa Patt-McDaniel announced the program’s latest performance metrics this afternoon at a Third Frontier Commission meeting in Columbus. “We are positioning Ohio as a leader in […]

Hospitals

Global Cardiovascular Innovation Center Web site launches

Want to keep track of developments at the Global Cardiovascular Innovation Center in Cleveland? The center recently launched a Web site that is independent of the Cleveland Clinic, leader of the public/private consortium that is developing the center with the help of a $60 million grant from the Ohio Third Frontier program, among other support. […]

News

Queen City Angels defy bad economy, invest in 8 health care companies

Queen City Angels invested in seven life sciences companies and one health information technology company last year, according to its 2009 annual operating report (pdf). The group of accredited investors finished the year with 12 investments, which included three IT companies and one company specializing in advanced materials. In addition, the angel group created a […]

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Hospitals

Night Read (Ohio): Christ Hospital Mount Auburn plans expansion

Two years after emerging as an independent with aspirations to become one of the nation's top hospitals, Christ Hospital in Mount Auburn hopes to spend hundreds of millions of dollars in the next decade, recruit more than 200 doctors to Greater Cincinnati and build a network of about five ambulatory centers around the region, according to the Cincinnati Enquirer.

Policy

Gov. Ted Strickland: ‘I believe in Ohio’

Ohio Gov. Ted Strickland did not mention the terms "biomedical" or "health care" in his State of the State address at noon today. However, Strickland did announce several business investment, research and worker-training programs that could help companies in these industries grow and create jobs.

News

CardioInsight raises $5.7M for heart-mapping technology

CardioInsight Technologies Inc. has raised $5.7 million in an ongoing funding round to help commercialize its heart-mapping technology. The Cleveland company's electrocardiographic mapping technology could help diagnose and treat electrical abnormalities of the heart, such as heart failure and arrhythmia.