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Ohio Offers Cutting-Edge Bioscience Industry

May 19th, 2009

With more than $2.5 billion in funding and 1,141 bioscience entities in operation throughout the state, Ohio is establishing an international leadership role in the cutting-edge bioscience industry. This complex field centers on research, development and marketing of pharmaceuticals, diagnostics, bioinformatics, medical devices, medical equipment and other health-related products. Bioscience companies represent not only the next wave for the global economy but also opportunity for dramatic advances in the human experience.

What makes Ohio so attractive for bioscience business is its unique ability to offer expertise, collaboration and support throughout the entire spectrum of bioscience development. From early research to full commercialization, from diagnostic to therapeutic, from pharmaceutical to medical devices, and from agricultural biotech to advanced materials, Ohio’s bioscience entities reflect extraordinary range.

PartsSource is the nation's only multi-manufacturer, multi-modality alternative parts supplier supporting both imaging and biomed parts requests for hospital equipment. PartsSource is committed to providing excellent customer service and superior pricing to every customer each and every day. When PartsSource outgrew its Northeastern Ohio facility, doubling sales to $100 million in 2007 alone, officials across the country tried to persuade President & CEO Ray Dalton to relocate to their states. No chance. Ernst & Young's 2004 Entrepreneur of the Year had already built and sold six successful companies in California, Oregon, New Jersey and Illinois. But for the last 17 years, he's called Ohio home.

I recently had the opportunity to talk with Ray. His story is fascinating. He grew up poor in L.A., but through faith, confidence and perseverance, he's built an extremely rewarding business career. Still, nothing is more important to him than faith and family. In Ohio, he doesn't have to sacrifice them for business success.

Click here for the complete interview with Ray.

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