Bioscience jobs in Ohio have reportedly grown nearly 20 percent in the past decade and represent 62,500 workers, according to a report from BioOhio, a biomedical advocacy group.
Citing statistics from 2000 to 2009, the report found that bioscience companies accounted for a $4.3-billion payroll, with jobs in medical and testing laboratories, pharmaceuticals and therapeutics, and research and development representing the fasting-growing fields within the biosciences sector.
“Ohio’s bioscience ecosystem is healthier than ever and resources are constantly being added or enhanced,” BioOhio’s president was quoted as saying.
In related news, Akron, Ohio, Mayor Don Plusquellic (D) announced plans to form a fund aimed at attracting early-stage biomedical companies to the city’s newly designated downtown biomedical corroidor and then “help them grow into their own space.” In a March 22, 2011, state of the city address, the mayor said that the Akron Development Corporation Seed Fund has received $1 million from its first sponsor, Medical Mutual of Ohio, and that the power company FirstEnergy has committed to becoming an investor.
Bob Bowman, Akron’s deputy mayor of economic development, told a news source that the city plans to target approximately $15 million for the fund and make its first investment by summer 2011. Most investment amounts would range from $100,000 to $250,000 from corporate donations and other sources, he said. See MedCity News, March 23 and March 31, 2011.