Why Cleveland: Innovative Talents Boost Biomedical Investments

Story excerpt provided by Business Wire.

Northeast Ohio consistently proves to be a hub for biomedical innovation and opportunity. The region is widely known for its “ever-growing entrepreneurial pipeline” as start-up activity is soaring, fueled by funding from local, regional and national investors, strategics, and state and federal grant programs. Since 2002, Cleveland’s biomedical industry has grown from 300 to over 700 companies, a 133% increase. Over $2 billion has been invested in area start-ups during the same period.

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Originally published September 29, 2015.