Austen BioInnovation Institute gets $2.6M state grant

The Austen BioInnovation Institute in Akron has received a $2.6 million Third Frontier grant for biomedical sensor research and commercialization.

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Cincinnati’s HealthBridge gets $14M from feds for health IT

Nonprofit health information exchange HealthBridge has received $13.8 million in federal funding to help area health providers better utilize information technology.

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Cleveland startup inspired by snake’s fang for airway devices

While many college students hope to find a job with any company upon graduation these days, a second-year Case Western Reserve University medical student already has raised $100,000 for his own medical device startup.

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Cleveland medical mart signs more prospective tenants — but who?

The property developers behind Cleveland’s medical mart have signed letters of intent with 32 prospective showroom tenants and 16 conferences and trade shows. But who are they?

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Business leaders ‘disappointed’ in Gov. Strickland over Invacare ad

A group of Northeast Ohio business leaders and elected officials objects to a TV ad from Gov. Ted Strickland that they say casts Invacare Corp. in a negative light for outsourcing jobs.

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Akron firm named Midwest’s fastest-growing computer hardware company

Summit Data Communications is the fastest-growing computer hardware company in the Midwest, according to Inc. Magazine.

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QED earns Inc. 500 recognition for fast growth

Quality Electrodynamics recently was named to Inc. Magazine’s list of fastest-growing companies in the United States, ranking 13th among healthcare firms and 193rd overall. Inc. cited QED for its nearly 1,500 percent growth rate over the last three years.

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Columbus diagnostics startup readies itself for FDA

In January, Gary Smith left the top spot at skin biopsy device company CleveX to join IR Diagnostyx, a Columbus-based blood diagnostics startup built on technology pioneered at Ohio State University.

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Two Northeast Ohio device firms aim for $1.1M in state loans

Columbus-based skin biopsy device maker CleveX Inc. is seeking a $637,500 loan that it would use to purchase equipment and machinery to boost production capacity for its ExiClip line of devices. Youngstown-based Syncro Medical Innovations is looking for a $490,500 loan to protect intellectual property and acquire equipment and machinery.

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Ex-Cleveland Clinic Labs exec to lead Boston start-up

Dr. Matthew McManus takes over as CEO at PrimeraDx, which is developing products aimed at speeding up several medical tests.

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