Global biotech leader Amgen has opened its new cutting-edge facility in Ohio, which it calls the most technologically advanced of its kind. Amgen Ohio will bring 400 full-time jobs with $40 million in annual payroll, including roles for technicians and engineers, quality assurance, quality control, administrative, and management positions.

The University of Cincinnati received a record $314 million in research awards in 2023, a 17% increase from a year earlier, the school announced in February. Thanks to what it says are new innovations across its colleges, UC has doubled research awards since 2018.

A new TechCred application round is now open. This latest round of the state program that helps businesses address their workforce needs by upskilling current and prospective employees is open through March 29th.

The Ohio State University’s annual R&D expenditures reached an all-time record of $1.449 billion last year, the university disclosed in its annual report of resources available to perform cutting-edge science and creative expression research. The total represents a 6% increase over FY 2022.

Enable Injections, the leading medical technology company behind the enFuse wearable technology, is expanding manufacturing operations with a new facility in the Cincinnati suburb of Springdale. The company also is investing in its corporate headquarters in the nearby suburb of Evendale and plans to double headcount over the next 10 years.

A clean energy company spun off from Ohio State and backed by Bill Gates has raised $246 million. Koloma, based in Denver but with a lab in Columbus, has developed technology to extract carbon-free hydrogen from underground deposits.

Ohio Lt. Governor Jon Husted, in partnership with The AI Education Project (aiEDU), announced yesterday in Dayton the launch of an AI Toolkit for Ohio’s K-12 school districts. Inspired by AI forums with industry leading technologists, the toolkit is a practical guide for formulating policies and recommendations in light of the growing presence of AI and its many tools.

Case Western Reserve University spinoff AlensiaXR has raised a Series A round to accelerate development and delivery of its HoloAnatomy learning platform, likened to Google Maps for the human body. Students are able to immerse themselves in a 3D hologram and view the body from different angles.

Basking Biosciences, a company developing a novel therapy to treat stroke, raised $55 million from a group of investors including The Ohio State University. Every year, 15 million people suffer strokes and more than 5 million die, according to the World Health Organization.

Cleveland’s SPR Therapeutics has raised $85 million to provide patients with a non-opioid, minimally invasive pain treatment option. SPR’s SPRINT system is touted as an innovative way to treat chronic pain with short-term, 60-day treatments that deliver long-lasting results.

One tech sector that is growing but could have an even larger impact is the digital asset or cryptocurrency industry. If Ohio want to capitalize on this more than $1 trillion industry, Congress needs to pass sensible regulation to enable entrepreneurs to continue investing and creating wealth in the Buckeye State writes State Representative Steve Demetriou.

In a massive development for the healthcare sector, renowned venture capital firm General Catalyst, has announced plans to buy Akron’s Summa Health, a nonprofit healthcare system serving Northeast Ohio.

Several of Ohio’s biggest names in healthcare are teaming up for a first-of-its-kind partnership to produce and commercialize pediatric medical devices. With support from a $6.95 million grant from the Food and Drug Administration (FDA), Nationwide Children’s Hospital and The Ohio State University are leading the Midwest Pediatric Device Consortium - the first of its kind in the Midwest.

Cleveland Diagnostics, a Northeast Ohio-based BioTech company, has closed a $75 million financing round to advance their early-stage cancer detection testing technology. The funds will accelerate the commercialization of their IsoPSA blood test, an innovative technology for early detection of prostate cancer.

A new TechCred application round is now open. This latest round of the state program that helps businesses address their workforce needs by upskilling current and prospective employees is open through 3 pm on January 31.

From venture-funded startups to well-established banks and financial institutions, Ohio is a hub for financial activities. State officials, business leaders, and economic development officials tout a number of reasons for the state’s success in FinTech.

The Ohio Department of Development is now accepting applications for its Ohio Innovation Hubs program. Interested communities can apply for up to $125 million, meant to capitalize on existing industry and research strengths to build pipeline talent and commercialize new products and technologies.

Clarametyx Biosciences, a Columbus-based BioTech startup, has raised a $33 million Series A round to advance its cutting-edge anti-biofilm biologics for combating serious bacterial infections. The company, founded in 2020, specializes in developing targeted, immune-empowering biologic therapies to address persistent infections linked to biofilms.

Ohio Lt. Governor Jon Husted announced the opening of applications for the State of Ohio's 2024 High School Tech Internship program. The program is part of the State of Ohio's efforts to increase the amount of Ohioans in in-demand career fields and is designed to providing Ohio students with a valuable entry point into the tech industry while fulfilling the workforce needs of local businesses.

Ohio’s reputation as a fintech hub is growing stronger thanks to a new global headquarters investment. Worldpay, one of the largest payment processors in the world, will reestablish its global headquarters in Cincinnati, bringing more than 500 new jobs and $56 million in associated payroll.