Life Science Company and Industry News Briefs

Research Funding Rockets to nearly $1B at OHSTU

Posted by Robert Larkin on Tue, Nov 03, 2015

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Could your lab supply company benefit from gaining hundreds of qualified sales leads in one of the Midwest’s fastest-growing research universities? If so, you may be interested in the learning a bit more about the wonderful life science marketplace that exists at Ohio State University.

Ohio State is a major research contributor in many fields, including medicine and microbiology, and has consistently garnered greatly increasing amounts of funding for R&D for the past several years. For instance, Ohio State raised over $983 million for research and development in 2014, a significant increase from the $600 million less than a decade before.

ohio state research funding profile

Ohio State Ten-Year Research Funding Profile (www.osu.edu)

 In addition to ever-increasing amounts of private, state and industry funding, the National Institutes of Health granted Ohio State University researchers over $135 million in 2015. This research funding, and more, was distributed among many different research fields at Ohio State, including: biostatistics, critical care, microbial interface biology, minimally invasive surgery, clinical diabetes research, cancer research, a transplant center, a comprehensive wound center, oncology, lung research, and a geriatrics and gerontology center.

NIH Top-Funded Departments at Ohio State
 
Biochemistry – 13 awards, $5.2 million
Chemistry – 18 award, $14.3 million
Internal Medicine – 76 awards, $43.7 million
Microbiology – 44 awards, $14.1 million
Neurosciences – 10 awards, $3.4 million
Health Professions – 12 awards, $3.9 million
Pathology – 9 awards, $2.8 million
Physiology – 9 awards, $3.1 million
Public Health – 6 awards, $5.5 million
Oncology – 9 awards, $3.5 million
Surgery – 12 awards, $3.9 million
Veterinary Sciences – 11 awards, $2.8 million
 
Total 2015 NIH Funding: $135.1 million

 

In addition to significant annual NIH research funding, Ohio State University has an impressive list of other recent funding statistics.

For example:

  • 2013 Life Science R & D Expenditures: 24th Ranked = $454,561,000
  • Research funding has increased from $600 million in 2005 to over $980 million in 2014.
  • Ohio State was awarded $10 Million to advance aviation, education, and research facilities in July 2015.
  • Ohio State University's Medical Center underwent a $1.1 billion expansion, which opened in September 2014.
  • The Ohio State University Center for Clinical and Translational Science has been awarded $25.4 by the NIH in order to accelerate medical discoveries.
  • Ohio State University received a $21 million investment from the Ohio Third Frontier to create a consortium of groups, termed the Neurotechnology Innovations Translator, or NIT, to help create neurotechnology companies and high-tech jobs in Ohio.

Because Ohio State University is such a diverse, well-funded, and active life science marketplace, Biotechnology Calendar, Inc. is offering lab suppliers and biotechnology vendors an excellent opportunity to promote their wares at the:

Ohio State University
October 6, 2016

Last year, the BioResearch Product Faire™ Event at Ohio State University hosted over 300 attendees from 42 different research buildings and 57 on-campus departments at Ohio State. This is a receptive and engaging audience, comprised of the decision-making purchasing agents, lab managers, and other life science professionals who need your supplies for important research in 2016. 

For more information about promoting your products at this popular annual Ohio State event, or to learn how to become a participant, click the appropriate button below:

 Exhibitors   Researchers

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Tags: Ohio State University, Ohio, Ohio State, biomedical research, Medical Research, Biotech Event, Research Funding, Life Science Event, Columbus, OH, OhStu, NIH funding, Midwest Region, Lab Supply, 2016, best lab supply tradeshows, best science tradeshows, BioResearch Product Faire™

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