Tim Moran started nonprofit PediaWorks to develop pediatric medical devices because it’s a market that has been largely ignored by big device makers, which see the market as too small and unprofitable.

The new company, PediaCath, will be the only first and only company dedicated to catheters made exclusively for children, according to a statement from PediaWorks

About a dozen Ohio health causes — including a pioneer of pediatric medical devices in Cleveland, a summer program for high-risk teens in Columbus and a group that encourages breastfeeding in Barberton — think they have great ideas, so they’ve applied for grants from an unlikely source. Pepsi.PepsiCo Inc. is “giving away millions [...]

Tim Moran still remembers hearing his prematurely born daughter scream when an adult-sized cannula was inserted in her mouth and taped to her face to deliver oxygen. Several years later, Moran has started PediaWorks, a not-for-profit organization that will work with medical professionals to develop pediatric medical devices, spinning off for-profit companies to commercialize those devices.