BioEnterprise formalizes partnership to attract bio companies

BioEnterprise Inc., the bioscienceventure developer in Northeast Ohio, has formalized a partnership with Team NEO to woo new medical imaging, neurostimulation, cardiovascular device and orthopedic companies to the region.Both nonprofits work in Northeast Ohio andsometimes theybump against each otheror duplicateefforts,said Annette Ballou,director of strategic marketing and communications for BioEnterprise. So the two organizationsdeveloped a strategicplan [...]

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Foundation gift to create medical education pipeline in Cleveland

The Joan C. Edwards Charitable Foundation will invest an initial $10 million to $12 million over a decade to create a medical education pipeline in Cleveland and prime it withminority and low-income students from John Hay High School.The program has the potential to educate 98 doctors over the next 60 years through a potential total [...]

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UH Case Medical Center spins off Fluence Therapeutics to commercialize photodynamic therapy for psoriasis

University Hospitals Case Medical Center has spun off Fluence Therapeutics Inc., licensing to the company photodynamic therapy technology for the treatment of psoriasis and other skin diseases.

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Night Read (Ohio): Cardinal Health to pay $1M penalty for losing track of drugs

Cardinal Health has agreed to pay a $1 million penalty for failing to account for large amounts of prescription drugs in two separate incidents in Tulsa, Okla., from 2005 through mid 2008, according to the Columbus Dispatch.

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Quidel Corp. completes acquisition of Diagnostic Hybrids in Athens, Ohio, for $130M

San Diego diagnostic test maker Quidel Corp. has closed its acquisition of Diagnostic Hybrids Inc. for about $130 million in cash. Announced in mid-January, the acquisition is expected to add depth and innovation to Quidel’s line of rapid, point-of-care tests for pregnancy, infectious diseases, cancer, bone health and autoimmune disorders.

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Governor, chancellor announce Ohio’s bioscience, health care centers of excellence

Gov. Ted Strickland and Ohio Board of Regents Chancellor Eric Fingerhut donned their high-tech marketing hats Friday, touting the state’s leadership in biomedical and health care innovation by announcing centers of excellence at 14 universities.

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Case Western Reserve University licenses neuromodulation technology to Pennsylvania company

Case Western Reserve University has licensed to a Pennsylvania company the right to make and sell three types of electrodes and a control unit used by researchers to do their neuromodulation work.

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MetroHealth gift to help patients overcome paralysis with electrical stimulation, art therapies

Philanthropist and arts patron Toby Devan Lewis is giving $625,000 over five years to the MetroHealth System to help patients overcome paralysis and improve their quality of life as they rehabilitate from traumatic injury. The gift will support functional electrical stimulation and art therapy to advance the healing process.

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Night Read (Ohio): Cleveland Clinic, CWRU researcher finds ’switch’ that spreads cancer

Cleveland Clinic and Case Western Reserve University dental researcher Ge Jin has found a protein switch that turns on the spread of cancer — the process that often leads to fatal breast, ovarian, pancreatic and colon-rectal cancers.

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Night Read (Ohio): Pediatricians help lead earthquake disaster response in Haiti

Case Western Reserve University faculty from the Center for Global Child Health and pediatricians at University Hospitals Rainbow Babies & Children’s Hospital are helping to lead the pediatric disaster response to the Haiti earthquake.

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