Regional Companies Showcase Innovations at BIO International 2017
Thousands of the world’s leading biotech and pharma professionals gathered in San Diego June 19-22, 2017 to help people live better – and longer.
REDI Cincinnati and our partners were there to introduce innovators to the Cincinnati region and showcase the technology advancements happening here. Read about last year’s convention on our blog.
A region of breakthroughs
Greater Cincinnati is known for many “firsts,” such as the first heart-lung machine and the first oral, live-virus polio vaccine. This year’s conference theme “Breakthrough” provided the perfect opportunity to showcase current biohealth companies building on the region’s innovation legacy. Here are some of the companies that shared their stories.
Cincinnati Children’s Hospital Medical Center
Cincinnati Children’s and similar industry giants anchor the region’s strong biohealth reputation. The award-winning, non-profit medical center began providing specialized care for children 130 years ago. Since then, it continues to pioneer new methods while treating some of the world’s rarest diseases.
The medical center’s 1.5 million square feet of research space and $2 billion endowment from the Procter Foundation are just two reasons Cincinnati Children’s is one of the nation’s top-ranked research facilities and a source of biotech innovation. Scientists at the medical center recently developed the first rotavirus vaccine and discovered how to regenerate human stomach tissue from stem cells. New technology doesn’t just stay at Cincinnati Children’s – the Center for Technology Commercialization works with seed-stage funders like CincyTech to help medical innovations transform from idea to reality.
This innovating company is thriving in Greater Cincinnati. Enable Injections develops advanced large volume wearable injectors, a technology that was born at Cincinnati Children’s. The company opened its manufacturing facility in 2016, and this year showcased a new biologics delivery tool at BIO International. The new product is already attracting new development and commercial projects from Enable Injections’ pharmaceutical partners.
Greater Cincinnati is about making connections – just ask Genetesis, a growing biotech startup that’s working to break perceptions about the Midwest. Genetesis’ CardioFlux technology allows physicians to use a non-invasive scan to detect and localize sources of cardiac abnormalities faster. For the 80 million people who are admitted to emergency departments each year for chest pain, Genetesis is revolutionizing the triage process.
The region’s accessible resources, community of experienced industry professionals and spirit of collaboration were key factors Genetesis cited for its success in Greater Cincinnati. Recently, Genetesis made headlines by capturing the attention of billionaire venture capitalist Mark Cuban, showing investors everywhere that brilliant entrepreneurs are found in Greater Cincinnati.
Biohealth companies choose Greater Cincinnati for success
Research and development, regardless of the industry, is an expensive process. Biohealth companies locate in Greater Cincinnati because the resources and innovations necessary to grow are all available here, at 30 percent lower cost of living than on the coasts.
And research hospitals like Cincinnati Children’s and University of Cincinnati Medical Center see some of the world’s most difficult-to-treat diseases Therefore, they and the region’s numerous accelerators – BioOhio, CincyTech, UpTech, and more – are constantly seeking to fund the next big medical advancement. Could it be yours?
REDI Cincinnati is your first point-of-contact for growing or relocating in Greater Cincinnati. Contact Andrea Enders at AEnders@REDICincinnati.com, or call (513) 579-3142.