Northeast Ohio ranks fourth in Midwest biomedical investments

Last year was a big one for the biomedical industry in the Midwest. In the first half of 2016, healthcare startups in the Midwest brought in a record-breaking $1.04 billion. By the end of the year, Midwest healthcare startups brought in $1.7 billion.

And Cleveland is near the top of the Midwest, according to a report from BioEnterprise, a Northeast Ohio biomedical business accelerator. Cleveland brought in $198 million dollars in biomedical investments last year, just behind Minneapolis, Chicago and St. Louis.

Click here to read the complete article, and read more in Crain’s Cleveland Business, the Massillon Independent and Akron Beacon Journal.

Originally published February 20, 2017.