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Invacare, a global leader in the manufacture and distribution of innovative home and long-term care medical products, plans to grow at its headquarters in Elyria with the expansion of a new oxygen concentrator to address rising global demand for respiratory equipment.
Two Labs, a central Ohio-based company that provides a range of services for pharmaceutical manufacturers, services customers across the U.S. from Ohio. Looking to expand its reach, Two Labs will grow in Ohio, nearly doubling its number of employees.
Mix Talent — a fast-growing talent acquisition and consulting firm that specializes in serving high-value clients in the biotech and healthcare industries —sought to establish a centralized U.S. hub. The company has experienced the benefits of having its headquarters in Ohio including rapidly acquiring market share and lower operational costs.
Sarepta Therapeutics Inc., the leader in precision genetic medicine for rare diseases, sought to establish a Gene Therapy Center of Excellence for research to develop treatments for rare neuromuscular diseases. The company will invest $32 million to build the center in Columbus, Ohio, near its long-standing partner, Nationwide Children’s Hospital.
J&B Medical, one of the fastest growing and most successful medical distribution companies in the world, wants to capitalize on northwest Ohio’s revitalization. With the support of economic development partnerships and JobsOhio’s Talent Acquisition Services, J&B Medical will significantly increase its workforce while investing in Ohio.
Midmark Corp., a leading provider of medical, dental and veterinary equipment, technology and services, will expand and modernize its Versailles, Ohio, operations by increasing its manufacturing capacity. Once completed, the plant will be annexed to a second existing facility, connecting Midmark engineers, designers and experts to develop new approaches, innovative technologies and proven solutions. This, in turn, will enable a better care experience for caregivers and patients in medical, dental and animal health industries.
Since its founding in Ohio in 2017, ScriptDrop transitioned from a concept, to a startup company, to now leasing 10,000 square feet of independent space in Columbus. The company needs to prepare for its continuous growth and the CEO is dedicated to keeping that growth in Ohio.
Hims, a personal care and wellness company, offers medical-grade products. The company looked to move fulfillment in-house, which meant it needed a strategic location with easy market access and an excellent infrastructure. Hims found everything it wanted and more in Ohio.
Healthtech company AssureCare announced it will expand its current headquarters in downtown Cincinnati. The expansion will add 100 new jobs with a total of $10 million in new payroll. While evaluating location options, AssureCare’s team concluded that Greater Cincinnati provided the best location for growth as well as for access to tech talent.
According to the BioEnterprise 2018 Midwest Healthcare Growth Capital Report,investments in Ohio healthcare companies continue to outpace investments in other Midwest states.
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