SOURCE: Ohio Business Development Coalition

April 25, 2007 12:54 ET

Ohio's Strength in "Red, Green and White" Stimulates Bioscience Innovation

State Offers Unique Opportunity for Collaboration and Cost-Effective Business Solutions

COLUMBUS, OH -- (MARKET WIRE) -- April 25, 2007 -- Based on the color model established by European bioscience leaders, Ohio's strength in the Red (health), Green (agriculture) and White (industrial) bioscience industry sectors stimulates innovation, promotes cross-collaboration and provides cost-effective solutions to scientific challenges. According to the Ohio Business Development Coalition (OBDC), a nonprofit organization that markets the state for capital investment, Ohio provides direct access to cutting-edge research and promotes knowledge sharing throughout the bioscience color spectrum, creating a platform for new innovation.

"Ohio has created an ideal environment for establishing and growing a bioscience business," said Tony Dennis, president and CEO of BioOhio, a non-profit organization designed to build and accelerate bioscience industry, research and education in Ohio. "For businesses, the benefit is immediate access to state-of-the-art research and development groups. For executives, the state's vast educational and recreational opportunities make Ohio particularly attractive both professionally and personally."

Dennis says Ohio's compact size and direct market access create a natural knowledge network that is critical to success in the industry. "It's the classic cluster theory," Dennis continued. "The geographical proximity to universities, manufacturing and other companies makes Ohio very fertile when it comes to opportunities for making connections."

Ohio has a budding culture of collaboration between entrepreneurs and large companies thanks in large part to the Third Frontier Project, a $1.6 billion initiative to help catalyze connections between companies and academia.

One example of Red, Green, White industry collaboration is found at Plastics Suppliers Inc. EarthFirst® Division. The Columbus, Ohio-based company is tapping into Ohio's already strong agriculture (Green) industry by using harvested corn, and -- through a revolutionary process -- develops an entirely new technology that can be leveraged by companies in Ohio's White and Red bioscience industries. EarthFirst currently holds the world's only patent-pending manufacturing process to develop corn-based polylactic acid (PLA), a substitute for more common, petroleum-based resins. PLA is an important material used in medical treatments (Red), and can also be formed into thin plastic sheets and used as a packaging material for products in Ohio's industrial (White) applications.

With more than $1 billion in funding and 775 bioscience entities operating throughout the state, Ohio is establishing an international leadership role in the cutting-edge bioscience industry. Ohio's Red, Green and White bioscience entities generate more than $5.2 billion in direct economic impact and employ more than 37,000 skilled workers.

"Ohio's bioscience community continues to grow, resulting in increased capital investment and new, high-paying jobs for Ohioans," said Ed Burghard, executive director for the Ohio Business Development Coalition. "Most importantly, business success is achieved in the broader context of a fulfilling life. Ohio's diverse metropolitan and micropolitan centers are surrounded by easy access, low-cost and low-stress communities. This unique structure provides the time required for executives to pursue both their professional goals and personal aspirations without having to compromise one for the other."

About the Ohio Business Development Coalition

The Ohio Business Development Coalition is a nonprofit organization that provides marketing strategy and implementation to support Ohio's economic development efforts. For more information, visit

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