Build Your Bio/Pharmaceutical Plant in Ohio and Join Many Others
More than any other bioscience element in Ohio, bio/pharmaceutical manufacturing has seen incredible expansions and new facilities in the past few years. Ohio is an optimal global site to grow your bio/pharma manufacturing company because we can imbed you in an asset base and location that allows you to maximize your business strategy. And BioOhio knows Ohio’s assets, incentive programs, and corporate, academic, state, and local contacts better than anyone. We can be the strategic alliance connection for your company’s site selection, talent recruitment, supplier network, expansion, and partnership needs. Now, onto just a few of Ohio’s bio/pharmaceutical assets…
Recent Expansions or new bio/pharma facilities in Ohio:
~ Ben Venue & Bedford Labs, both division of Boehringer Ingelheim are adding another 82,000 square feet and 300 more jobs for injectable pharmaceuticals
~ Roxane Laboratories, a division of Boehringer Ingelheim upgrade its 500,000 ft² oral solid dosage facility in Columbus to make the drug Spiriva.
~ Alkermes, which develops medications to treat schizophrenia and alcohol dependence, is adding 44,000 ft² to the existing 100,000 ft² facility in Wilmington.
~ Amylin – $470 million new facility for long acting release formula for type 2 diabetes therapies.
~ Pharmaforce established a new 40,000 ft² state-of-the-art sterile finished dosage pharmaceutical products plants, a second manufacturing facility ready for completion in 2007 and another one set for 2008.
~ Patheon continues to expand their Cincinnati based Pharmaceutical Development Services and their FDA-approved site manufactures solid, semi-solid and liquid dose form drugs.
~ Eurand, a specialty pharmaceutical company based in Italy, is expanding its Ohio facility by another 18,000 ft² to accommodate additional in-house r&d, manufacturing and packaging.
~ Cognis, Germany based manufacturer of special chemicals is finishing a $20 million expansion for their North American Headquarters and production site in Cincinnati.
~ Abbott Nutrition and their $48 million new line for infant and adult nutritional markets and renovate its current 500,000 ft² facility.
~ Germany-based Novatex established their North America Headquarters and 34,000 ft² to manufacture plastic baby bottle components in Ashland
~ Prasco Laboratories, an independent authorized generic company, is currently the fastest growing pharmaceutical company in terms of relative growth and prescriptions
Ohio has 2 times as many medical and clinical employees, with wages 17% less than the national average — and a total pool of 800,000 manufacturing workers to draw from. More than 62,500 direct jobs are attributable to bioscience corporations.
New Ohio tax code encourages business investments, and rewards companies for global selling: Eliminates tangible personal property tax and corporate franchise tax • Exemption from taxation sales outside the state of Ohio (i.e. exports)
Annual savings up to $2.1 million by locating in Ohio…Labor, energy, building, and transportation costs are up to 20% below coastal cities
Ohio is home to 1,345 bioscience firms, with over 200 focused on pharmaceuticals or biologics, that leverage an extensive supply chain of over 1,200 suppliers and service providers.
Alkermes | Amylin Pharmaceuticals | Ashland Specialty Chemicals | Athersys | Auburn Pharmaceuticals | Aventis Pharmaceuticals | Barr Laboratories | Bedford Labs (Boehringer Ingelheim) | Ben Venue Labs (Boehringer Ingelheim) | Beiersdorf-Jobst | Camargo Pharmaceutical Services | Cardinal Health | ChanXpress | Cleveland BioLabs | Cleveland Clinic | Cognis | Copernicus Therapeutics | Daiichi Pharmaceutical | Eurand | Forest Laboratories | Ganeden Biotech | Gebauer | Gene Express | Genome Research Institute | GFS Chemicals | Girindus | Givaudan Flavors | Great Lakes Pharmaceuticals | Interthyr | ISOTEC | Kao Brands | Mallinkrodt (Covidien) | Meridian Biosciences | National Biologic Corporation | Norman Noble | Noveon | Oakwood Laboratories | OncoImmune | Patheon | Perkin Elmer Life Sciences | Pharmaforce | Pfizer | Prasco | Procter & Gamble Pharmaceuticals | Promilliad Pharmaceuticals | RegenRx | Abbott Nutrition | Roxane Labs (Boehringer Ingelheim) | Seven Hills Bioreagents | StemRx | Stolle Milk Biologics | Transoma Medical | USB Corporation | Vascular Biogenics | Westlake Labs | WIL Research | XDP Pharmaceuticals | and more
Labor, energy, building, and transportation costs are up to 20% below coastal cities
The leading state in the U.S. in attracting new businesses and expanding facilities.
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Ohio won Site Selection magazine's Governor's Cup 4 consecutive years (2006-09) and placed second in 2010.
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4th largest interstate highway system in U.S. Ohio is within a day’s drive of 80% of U.S. Corporate Headquarters and 63 percent of U.S. manufacturing facilities
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3 Ohio cities—Cincinnati, Cleveland and Columbus—are ranked in the top 30 bioscience locations
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10 designated Foreign Trade Zones
Bioscience Funding
- More than $11.4 billion in funding to bioscience & healthcare companies since 2004 (VC, Angel, NIH, SBIR, NSF, etc.).
- Over 170 investment groups have financed more than 211 Ohio bioscience & healthcare companies since 2004.
Ohio has the most Top Ranked Hospitals by Thomson Reuters 2004-2009 (70)
In 2011 U.S. News & World Report ranked 12 Ohio Hospitals in the top 216 nationally
- 4 of the nation’s top 25 pediatric hospitals, 2 top 25 adult heart and heart surgery centers, 3 top 40 adult cancer hospitals, 3 top 40 diabetes & endocrinology hospitals, 3 top 40 orthopedic hospitals, 6 top 50 pulmonology hospitals
- The Cleveland Clinic, the top cardiology hospital in the U.S. for 17 straight years and ranked 4th overall
- Ohio hosts 17% of clinical trials in the U.S. – 3,850 active and recruiting as of February 2011
Informatics Prowess
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Ohio Supercomputer Center – a resource for computational high performance computing and networking
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OSCnet – 1,600-mile fiber optics network, the most advanced research and education network in the nation
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daytaOhio – a $14M Wright Center of Innovation for advanced data management and analysis
Building Your Bio/Pharmaceutical Alliances with Ohio and BioOhio
This is only a snapshot of the bio/pharma related facts across Ohio. Contact BioOhio, Ohio’s bioscience development organization, to learn more and to discuss bi-directional investment opportunities and how building strategic alliances with Ohio can impact your bottom line.