Assurex Health selects Mason, Ohio for expanded headquartersPosted by BioOhio on Jan. 22, 2015
Fast growing BioOhio member company Assurex Health, makers of the GeneSight treatment decision support platform, just announced that it has chosen to remain in Mason, Ohio with a 60,000 sq.ft. expansion to their headquarters serving as both a corporate office and genomics laboratory.
“We are elated to hear the news,” said John F. Lewis, Jr., President and CEO of BioOhio, “Assurex Health continues to be one of Ohio’s fastest rising stars in the bioscience industry. Backed by the strength of their technology, team and the community here in Ohio, the sky is the limit for Assurex.”
The new facility is expected to be completed by 2016 and will accommodate significantly more staff and an expanded, state-of-the art diagnostic laboratory. In the past three years, Assurex Health has tripled its employment to 240 and quadrupled the number of patients that have received its GeneSight tests to more than 130,000.
In today’s announcement, Virginia C. Drosos, President and CEO of Assurex Health explained the company’s decision to stay at home in Mason.
“The access to top talent, strong science partnerships with Cincinnati Children’s Hospital Medical Center and regional universities, and the cost structure — including the affordable lifestyle and incentives that Mason and Ohio offer — could not be matched,” Drosos said. “We love the entrepreneurial and venture-backed ecosystem in the region and are committed to the growing biohealth corridor here. It is an outstanding platform on which to build our company and support our work to assist healthcare providers in helping their patients achieve mental wellness.”
“Five other states approached us about relocating and the City of Mason, the Regional Economic Development Initiative (REDI) Cincinnati, and the State of Ohio partnered to work around the clock to keep us here,“ said Don Wright, Chief Operating Officer. “They have been extremely helpful in identifying locations and developing the incentives essential to making the project possible. The quality of life and culture of wellness that Mason and the region offer were important factors as well.”
“We deeply value the partnership we have cultivated with Assurex Health,” said City of Mason Mayor David F. Nichols. “Our relationship with Assurex Health speaks directly to the entrepreneurial environment we have developed in Mason.”
“Assurex Health’s decision to significantly expand its workforce in Mason confirms Ohio is home to a rapidly growing biohealth industry,” said John Minor, JobsOhio President and Chief Investment Officer. “We are proud of our strong relationship with this pioneering company as it expands in our state and positively impacts the lives of people throughout the world.”
“Assurex Health is an important job creator in our region,” said Johnna Reeder, President and CEO of REDI Cincinnati. “We believe Assurex Health is a true success story – and will not only continue to contribute jobs, but will encourage other high-potential health and technology startups and companies to Greater Cincinnati.”
MIDMARK celebrates 100 years in businessPosted by BioOhio on Jan. 21, 2015
BioOhio would like to extend our sincerest congratulations to Midmark Corporation as they celebrate 100 years in business!
Midmark, a family business headquartered in Dayton, offers an extensive array of products for the medical, dental and veterinary markets. Complete product lines cover many aspects of patient care and medical staff needs – including power procedure and examination tables, seating, lighting, workstations, sterilization, and casework materials.
In a recent media release, Midmark’s President and CEO, Dr. Anne Eiting Klamar, congratulated her Midmark teammates on their achievement, “We are thrilled to be celebrating our 100th year as a company. We are grateful for our rich history, but are even more excited for the future ahead of us. We are building a future that is even greater than our past, cultivating a culture that is ready to seize opportunity, relying on our strong foundation to drive our vision of creating a better healthcare experience for all.”
Midmark began in 1915 manufacturing cement mixers, later expanding to mining locomotives, foundry equipment and custom metal fabrications. John Eiting, Klamar’s great-grandfather, was the first member of the Eiting family to hold a leadership position. Her father, Jim Eiting, joined the company in 1956, developing a new strategy which led Midmark to Versailles, Ohio and into the medical industry when the company acquired a line of medical examination tables. Today Midmark employs more than 1,600 worldwide.
“Midmark has proven to be a true Ohio success story” said BioOhio President & CEO John F. Lewis, Jr. “With a strong history of innovation and dedication to quality manufacturing, Midmark is well positioned to easily celebrate another 100 years. We’re honored to have Midmark as a member and look forward to continuing to be engaged with them in the future.”
Legislative Update for January 16, 2015Posted by BioOhio on Jan. 16, 2015
The Legislative Update for January 16th, 2015 from our partners at G2G Consulting
The 115th Congress officially began on January 5th and G2G attended several swearing-in events to catch up with Members of Congress and their staff and to welcome a few new ones. This is the first time Republicans have controlled the House and Senate since 2007 and their first action was to repeal portions of the Affordable Care Act with more efforts, i.e. Medical Device Tax to come. Next up is finalizing the Homeland Security Appropriations bill since the current legislation expires next month, Elementary and Secondary Education Act (ESEA) and tax reform.
Budget and Appropriations
This week the House passed the Homeland Security Appropriations Bill for FY2015, providing $39.7 billion in discretionary funding, a $400 million increase from FY2014. The “Cromnibus” that passed both chambers last Congress only allowed for funding of the Department of Homeland Security through February 2015, and this bill appropriates funds for the rest of the fiscal year. It includes many amendments that attempt to block President Obama’s Executive Order granting amnesty undocumented immigrants. One amendment would stop funding for Obama’s executive action that would allow some illegal immigrants to stay in the country and obtain work permits while another would halt the Deferred Action for Childhood Arrivals Program (DACA), which lifts deportation for some illegal immigrants who came here as children and another would promote the hiring of U.S. citizens above those who are in the country illegally. The final bill with these amendments passed 236-191 with 10 Republicans voting against it and two Democrats voting in favor. Senate Minority Leader Reid announced this version of the bill would not pass the Senate. Appropriations bills for FY2016 are not expected to be introduced until after the President’s Budget is unveiled on February 2nd. In addition, sequestration is scheduled to return unless Congress and the President can agree to a replacement budget as they did for the last two fiscal years.
More on Health, Tax Extenders, High-Tech & Immigration, Education & STEM, National Defense and Presidential Nominee Speculation after the break: (more…)
NanoLogix making progress in development of rapid Ebola virus detectionPosted by BioOhio on Jan. 13, 2015
BioOhio is pleased to share news from member company NanoLogix, makers of reliable, rapid test solutions that detect active threat bacteria and other microorganisms.
In response to the alarming spread of the Ebola virus, NanoLogix is seeking to adapt their N-Assay platform to serve as a rapid detection method for the virus (video). The N-Assay is being developed for use by hospitals, laboratories, drug makers, and other research entities focused on the Ebola virus.
Today we received word from the company that in recent and ongoing work, researchers have confirmed the potential efficacy of NanoLogix’s N-Assay as a rapid indicator for the presence of the current-threat strain of the Ebola virus, EBOV. The research demonstrates a sub-three hour result at present. Researchers are working to refine the test and reduce time-to-detection to facilitate the N-Assay’s use as a Point of Care (POC) diagnostic for hemorrhagic and other viruses.
BioOhio brings more savings to members with Clean HarborsPosted by BioOhio on Jan. 12, 2015
BioOhio is proud to announce even more value to membership. As part of our partnership with BIO, we are now able to offer members significant savings with Clean Harbors, one of the largest environmental services companies in North America.
Clean Harbors manages waste recycling and disposal for almost all waste streams, planned environmental and industrial services as well as Emergency Response Services. Clean Harbors has offices throughout the United States, Canada and Puerto Rico.
- Special pricing and discounts for members includes 35-40% off list on disposal; 15-20% off list on transportation and materials and 35% off list price on labor charges
- Reduced Security Recovery Fee for members
- Free site visit to ensure storage area and record-keeping are in compliance, as well as waste stream review
- Full Online Services capability to track waste, manage profiles, view all reporting, download biannual report data and streamline data gathering process as well as full transparency to pricing
- Clean Harbors will review your staff training and make recommendations to ensure you are compliant with applicable State and Federal laws
- Robust recycling capability that will be applicable for waste and unused products
- Eliminate significant liability, avoid potential compliance issues and experience economic gain by dealing direct with the company that owns and operates the entire supply chain, from collection to end disposal facility
Learn more about our member savings programs.
Access to BIO Business Solutions savings programs is exclusive to members.
Click here for more details and contact information for Clean Harbors services.