Home health equipment manufacturer Invacare (NYSE: IVC) has added the president and CEO of Cleveland nonprofit BioEnterprise to its board.Baiju Shah will join Elyria, Ohio-based Invacare’s board of directors, according to a company statement.BioEnterprise was started in 2002 to help Northeast Ohio biomedical companies grow their businesses. Prior to BioEnterprise, Shah worked with consulting firm [...]

Cleveland is already well-known for its high quality medical care. But its reputation is growing elsewhere.Some of the nation’s best and brightest are flocking to University Circle to be on the cutting edge of the biotech innovation. Channel 3′s Maureen Kyle continues our “Brain Gain” series with a look at how this could [...]

When it comes to keeping smiles on the faces of Ohio’s medical industry leaders, Governor-elect John Kasich’s predecessor did him a big favor. It’s called Ohio Third Frontier.

Ask most people touched by the Ohio Third Frontier project whether it ought to be renewed and you’ll get a resounding “Yes!” A tougher question: How much money should the state borrow to extend the program beyond fiscal 2012, when its term ends? Ohio legislators will grapple with this question as they try to meet a Feb. 3 deadline to get the renewal on the May 4 ballot.

Biomedical companies with compelling technologies could win millions of dollars in investments this year despite the worst gloom in financial markets since the Great Depression.