Nationally, the biotechnology industry is expanding, total revenues are increasing, research and development investments are rising and product development is thriving. Ohio's role in this burgeoning industry continues to grow. With its world-class research institutions and more than 250 biotechnology/biomedical companies, Ohio is gaining national recognition as a key player.
Since its founding in 1987, the Edison BioTechnology Center (EBTC) has become the premier advocate for Ohio's biotech/biomed industry. Working closely with Ohio's leading universities and medical institutions, participating businesses, foundations and civic and state organizations, EBTC is building the infrastructure necessary to support the industry. At the same time, EBTC, by promoting new alliances between Ohio industries and research institutions, is helping researchers bridge the gap from basic research to commercialization.
EBTC has responded to the needs of Ohio's emerging biomed/biotech industry with a program of multi-faceted services to support the industry's development and the needs of its members in the areas of:
EBTC uses its extensive resource network as well as its staff expertise in law, FDA regulation, marketing and management to help emerging companies address specific business issues. By serving as a source of practical assistance to these companies, EBTC is also expanding its role as an information clearinghouse.
The Center has created a sophisticated array of funding programs to strengthen the technical capabilities of Ohio companies in the biomed/ biotech industry. EBTC funds research with commercial potential at Ohio institutions and assists in commercializing promising technologies. The Center's Innoloan Program provides bridge funding to companies during the early stages of product development and market introduction. EBTC also facilitates access to other state and non-state funding programs for companies.
EBTC also offers an annual program of conferences that addresses topics of critical concern to the industry, from licensing strategies to regulatory problems to ethical issues. Through these sessions, EBTC offers members access to leading experts in their fields and gives attendees opportunities to interact.
In addition, the Center tracks Ohio's biomed/biotech industry through periodic surveys and its annual company directory. EBTC publications facilitate the flow of information among the corporate, academic and legislative segments of the industry.
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