Dr. Mark Laskovics, president and chief operating officer of Girindus America Inc., knows it takes the right combination of people, education and environment to build a successful bioscience business.
That's why Ohio is the perfect location for Girindus, a technology-driven company creating solutions for the pharmaceutical and cosmetic industries.
Ohio's extensive university system delivers to Dr. Laskovics the high-tech talent he needs. He knows that Ohio's reasonable cost of living and easy lifestyle keep career-minded scientists and specialists here in the state. Once they land here, highly skilled workers embrace a work-life balance found nowhere else.
And Ohio's supportive business climate has been instrumental in the company's growth. A $1.2 million Ohio Third Frontier grant enabled Girindus to build a production facility for a unique class of compounds.Tax abatements and grant possibilities through local government helped lay the foundation for the company's success.
Dr. Laskovics relishes the relaxed pace and focus on family in Ohio. He is free to enjoy a range of leisure activities, from biking along the network of trails in southwest Ohio to attending major league sporting events.
After living all over the world, Dr. Laskovics has constructed his dream team in Ohio's business-friendly environment, capitalizing on the state's many assets. Watch this video as he discusses Ohio's bioscience strengths and how he and his employees have found the perfect work-life balance.
Dr. Mark Laskovics, president and chief operating officer of Girindus America Inc., knows it takes the right combination of people, education and environment to build a successful bioscience business. Ohio's diverse bioscience industry focus includes areas from research and development to computer software for healthcare. This diversity stimulates transfer of knowledge and industry innovation, providing the opportunity for dramatic advances in the human experience.
That's why Ohio is the perfect location for Girindus, a technology-driven company creating solutions for the pharmaceutical and cosmetic industries. Watch this video to learn more.
With a low-cost business environment and nationally ranked bioscience expertise, Ohio is becoming an international leader in the cutting-edge bioscience industry.
Ohio's diverse industry focus includes areas from research and development to computer software for healthcare. This diversity stimulates transfer of knowledge and industry innovation, providing the opportunity for dramatic advances in the human experience.
Chris Boue is the president and chief executive officer of CH Mack, Inc., a Cincinnati-based healthcare technology company that develops and markets seamlessly integrated medical management software.
As the healthcare industry continues to evolve toward a more streamlined approach to individual patient care, this technology enables healthcare and human services organizations to improve quality of care and dramatically reduce costs by making medical management processes more efficient.
Boue believes Ohio's employee work ethic, coupled with a well-educated and talented labor pool, have helped make his business successful and propel forward Ohio's healthcare industry.
Bioscience innovation doesn't come cheap or easy. New discoveries equal high R&D expenses and bringing the solution to market is another challenge.
Ohio offers bioscience companies unique support to fuel their business forward. The state's supportive business environment and industry collaboration helps bioscience businesses research, develop and commercialize innovative scientific solutions while maximizing ROI.
According to the latest industry growth report from BioOhio, Ohio is home to 1,345 bioscience entities in operation throughout the state from Fortune 500 public companies to incubating start-ups. This concentration of bioscience companies is proof of Ohio's commitment to establishing an international leadership role in the bioscience industry to help companies find innovative and cost-effective solutions to scientific challenges.
From 2004 to 2010, Ohio attracted 413 new or relocated companies focused on bioscience and bioproducts - an average of 59 each year. Recent examples include Mammotome, Cleveland HeartLab, Accord Biomaterials, and Nanofiber Solutions. In addition, more than 1,000 other organizations provide supplies and services, creating a rich bioscience supply chain and service system that sustains growth of both new and established businesses.
According to a recent report from CNNMoney.com, Ohio has seen 20 percent job growth in the biotech sector over the last ten years due to both big businesses and startups. Watch this video.
For a successful bioscience company there are many moving parts that make it great. From research institutions and knowledgeable workforce to suppliers and market access, each of these resources helps bioscience companies bring innovative solutions to today’s modern scientific challenges. Yet, leveraging these solutions in a cost-effective manner is a challenge. Costs associated with R&D are high. Complexity in the supply chain can lead to unwanted delivery and solution delays. It is a challenge for bioscience companies to find all the resources in a timely manner to advance scientific discovery.
Bioscience companies require an ideal environment that combines a business-friendly climate, industry expertise and collaboration, a well-educated workforce, dedicated universities and research institutions, and a strong supply chain to get products to market.
“The bioscience industry is Ohio’s fastest-growing industry in virtually all ways – capital invested, companies started and jobs created,” said Tony Dennis, president and CEO of BioOhio, a nonprofit organization dedicated to accelerating bioscience discovery, innovation and commercialization in Ohio. “Ohio’s bioscience ecosystem is healthier than ever and resources are constantly being added or enhanced.”
According to the latest industry growth report from BioOhio, Ohio is home to 1,345 bioscience entities in operation throughout the state from Fortune 500 public companies to incubating start-ups. This concentration of bioscience companies is proof of Ohio’s commitment to establishing an international leadership role in the bioscience industry to help companies find innovative and cost-effective solutions to scientific challenges.
Ohio’s bioscience industry expertise and collaboration, along with an established bioscience supply chain spanning research and development to commercialization, creates the ideal location in the U.S. to establish, grow or expand a bioscience business.
Read more about Ohio's world-class bioscience industry in today's press release.
