Cleveland : Innovation + Job News

LifeServe Innovations, which is developing a percutaneous tracheostomy introducer dilator, recently received $75,000 from the Lorain Innovation Fund. The device allows medical personnel to place a tracheotomy tube with greater ease and with fewer procedural complications than existing systems.
 
Co-founders Zach Bloom and Rick Arlow first came up with the idea as a class assignment while attending Lehigh University. “We were looking for problems to solve in emergency or critical care,” recalls Bloom. “We ultimately developed a safer and much more user-friendly approach.”
 
While they each went on to graduate school, they took their intellectual property and decided to bring their device to market. LifeServe Innovations was born in 2009. Bloom and Arlow chose Cleveland for its balance of medical and entrepreneurial support. “Cleveland is an entrepreneurial community and a medical community,” Bloom says.
 
The process of developing the dilator was one of trial and error. “It’s the nature of any startup -- the product you ultimately come up with is never the original,” says Bloom. “We kept designing products for surgical airways until we found something that met the need.”
 
LifeServe will use the grant money to manufacture and test their dilator. “We hope to have the product cleared for market by the end of second quarter,” says Bloom. While the company has volunteers helping them, Bloom hopes to hire two to three people in the near future. “As the growth begins to come and we see success in our investment, we want to bring income to Cleveland.”

 
Source: Zach Bloom
Writer: Karin Connelly

When it comes to making challenging New Year’s resolutions, Josh Schwarz knows how to set the bar high and deliver results.

The Case Western Reserve University sophomore is a computer science major, and his  resolution for 2011 was to create one Facebook application a week – 52 in all. To his  credit, Schwarz met the goal – on time and on target.
“I’ve always been into computers,” Schwarz explains. “I’m constantly wanting to innovate, and I realized that the Facebook platform has plenty of space for lots of new ideas.”
Schwarz categorizes his 52 apps into two segments – sharing data in a new way and viewing data in a new way.
His first app – Relationship Mania – enables users to organize their friends based on their relationships -- married, single or engaged, for example. With Email Grab, you can set up a simple way to collect email addresses from visitors to your website. Using the City Friends app, you can group your friends by their current locations and plan social events accordingly.

According to Schwarz, Cartoonize Me is the most popular app. “It transforms your photos into colorful cartoons,” he says. Next up in popularity is the Mutual Friends Matrix, designed to tell users which of their friends is most popular.

Schwarz’s apps can be accessed through his website at www.amagit.com.

His project has enabled him to meet many entrepreneurs and people in the technology business in Northeast Ohio and beyond. “This has been a great learning experience,” Schwarz says. “I’m determined to start my own company before graduating, so I’m aggressively pursuing technology, business and entrepreneurship experiences.” To that end, in addition to his classes, he’s an intern at JumpStart, Inc.
Next up for Schwarz is working on a service exclusively for Case students. “I want to build something that provides them recommendations for books, events, and jobs they might want to apply for,” he explains.

Source: Josh Schwarz, www.Amagit.com
Writer:  Lynne Meyer
 

To spur economic development and create jobs in their communities, several Ohio cities have created new, hyperlocal funds that offer attractive financing to entrepreneurs that may have the next great business idea, yet lack the actual cash to implement it. The catch? They must be willing to put down roots and grow their businesses locally.

One example of a growing Ohio business that recently took advantage of such hometown love is ManuscriptTracker, a Wooster-based firm that sells web-based software that automates the peer review process for academic journals. Co-founder Brian Boyer says a $35,000 deferred-payment loan from the Wooster Opportunities Loan Fund made it possible for him to bring his product to market last year.

“We saw lots of potential to grow our business, but funding is very hard to come by for start-up software companies,” says Boyer, a Wooster native. “Thanks to receiving funding last year, we were able to develop a market version of our software, as well as sales resources such as a database, marketing collateral and potential client list.”

ManuscriptTracker’s software organizes and automates peer review tracking for busy academics that don’t have the time or resources to manage the process themselves. The stringent nature of the peer review process, particularly with scientific journals, often necessitates involving as many as 20 individuals in a single review.

“To be published in an academic journal, your work must be vetted by the research of your peers, but that means asking top researchers to set aside their time,” explains Boyer. “We simplify and organize the process and provide helpful reporting forms. We also help academics to track who in their network is quick and knowledgeable.”

With the assistance of the economic development nonprofit Jumpstart, similar hyperlocal funds have also been created in Barberton, Canton and Mansfield.

As the New Year kicked off, ManuscriptTracker had already secured one new client, and Boyer says he’s hopeful that the new software will attract additional clients soon.


By Lee Chilcote

A partnership between two Ohio medical device companies could make getting a good night's sleep easier for people who suffer from sleep apnea.
 
The new SleepView portable sleep monitor and web portal lets doctors monitor patients’ breathing and other sleep patterns at home. The device meets American Academy of Sleep Medicine’s diagnostic standards, and offers quicker, more efficient and cost-effective diagnosis and treatment.
 
Midmark, a Versailles-based giant in medical equipment manufacturing and distribution, licensed the device technology from Cleveland Medical Devices, a leader in sleep diagnostics technology.
 
"SleepView enables patients to be tested in the comfort of their own bed and convenience of their own home for a more natural night of sleep, instead of going to a sleep lab," says Midmark PR Manager Susan Kaiser.
 
Obstructive sleep apnea (OSA), is marked by sudden and frequent interruption of normal breathing during sleep. It's caused by a collapse of the upper airway and is estimated to affect as many people as diabetes. Still, most who suffer from it go undiagnosed and untreated.

Numerous studies link OSA to major chronic diseases such as stroke, heart failure, diabetes, obesity, hypertension and increased odds of serious car crash injuries, according to Midmark.
 
“We want to improve the effectiveness and efficiency of care for patients with OSA by providing another diagnostic option, which enables patients to be tested in the comfort of their own bed and convenience of their own home for a more natural night of sleep,” explains said Tom Treon, senior product manager for Midmark.
 
The system is available through prescription only. Patients use the SleepView self-test kit at home during their normal sleep time. In addition, the prescribing doctor has online access to registered technologists and sleep physicians who can interpret the monitor results and offer treatment recommendations, while protecting patient privacy as required by federal law.

Writer: Feoshia Henderson

AmTrust Financial Services, a multi-national property and casualty insurer based in New York, is consolidating and relocating its Northeast Ohio operations to Cleveland. The expansion will bring 800 jobs to Cleveland over three years. The company currently employs 250 people in its operational hub in Seven Hills.
 
The decision to open offices in Cleveland came primarily from $25 million in local and state incentives. The company was able to buy the primarily vacant office tower at 800 Superior Avenue earlier this year and has committed to spending at least $20 million in upgrades to the building. But company officials also see the potential in Cleveland.
 
“We have found the governor [John Kasich], the county executive [Ed FitzGerald] and the mayor [Frank Jackson] of Cleveland all to be very cooperative and helpful in sealing our decision to locate in downtown Cleveland,” says AmTrust CFO Ron Pipoly. “We also think downtown Cleveland is on the cusp of a lot of great jobs, with the casino, the new convention center, the medical mart, the development of the Flats East Bank, a Westin Hotel downtown and other large projects that now includes AmTrust."
 
The Seven Hills employees will move to the Cleveland offices over the next three years. “Based on current projections provided to the state, there may be up to 800 new jobs, in addition to the 200 jobs being relocated from Seven Hills,” explains Pipoly. The jobs will be in IT programming, underwriting and customer service.

Under current plans, AmTrust wil occupy between 250,000 and 300,000 square feet in the building, leaving a portion of the total 450,000 square feet available for other new downtown tenants. 

Source: Ron Pipoly
Writer: Karin Connelly

(Courtesy sister publication FreshWater Cleveland)

The November CBIZ Small Business Employment Index (SBEI), a barometer for hiring trends among companies with 300 or fewer employees, increased by .35 percent in November. While the trend reflects companies surveyed across the country, “a good number of the survey respondents are from the Cleveland area,” says Phillip Noftsinger, business unit president of CBIZ Payroll Services.

While the trend is typical for the holiday season, Noftsinger is optimistic that the increase may lead to future job growth. “I think this time of year we would expect to see growth during the holiday season,” he says. “But we’re hoping a strong holiday season will support a longer term trend in these numbers. It’s a little early to tell though.”

A good holiday shopping season has the potential to continue into the new year. “Strong consumer spending sustains growth,” says Noftsinger. “We hope to see a continued strong holiday season, which leads to income growth and labor growth and an upward spiral in employment.”

Source: Phillip Noftsinger
Writer: Karin Connelly


(Courtesy sister publication FreshWater Cleveland)

Three northeast Ohio businesses, with the aid of a $2.5 million grant from Ohio's Third Frontier, are researching first-of-their-kind imaging technology that will help detect medical conditions, such as cancer, sooner and save hospitals money by reducing the number of biopsies taken.
 
Case Western Reserve University, University Hospitals and Philips Healthcare, partnered in the summer of 2010 to form the Philips Healthcare Global Advanced Imaging Innovation Center, where they have multiple projects aimed at combining the best attributes of CT, PET and MRI imaging systems to give doctors better tools in identifying breast cancer and take earlier action in heart attack patients.
 
The projects, which combine medical imaging technologies already in use, could eventually save hospitals millions in costs, give Ohio a leg-up on their commercialization and--most importantly--save lives.
 
In one project, the partners hope to combine PET (Positron Emission Tomography) with Magnetic Resonance Imaging (MRI) systems, both of which are currently used to detect early signs of breast cancer, to provide doctors with higher resolution imaging that will ultimately give doctors a clearer picture of what’s happening inside the body.
 
"The focus is on improving the spatial resolution, allowing us to find tumors much smaller than we can find now," says Dr. Raymond Muzic, the project's leader and an associate professor at Case Western. "MRI's, when used clinically, often show spots that look suspicious but turn out to not be a problem. Getting images with higher resolution will help us determine which spots are a problem and which are not."
 
The better imaging would reduce the number of biopsies doctors order to determine malignancy, saving hospitals thousands of dollars. It would also help doctors catch tumors much earlier, which could mean the difference between life and death.
 
According to the American Cancer Society, patients who are diagnosed with Stage I breast cancer, with tumors two centimeters or smaller, have up to a 20 percent greater chance of surviving cancer than patients who advance to Stage II, in which tumors are larger and start spreading to the lymph nodes.
 
The second project looks to do something similar--only with heart patients. Researchers are pairing cardiac perfusion technology with CT scanners, creating a novel imaging system that would allow emergency room doctors to assess the extent and location of damaged heart muscle when time is of the essence.
 
The partners are each contributing $1 million toward the projects, along with equipment and the time of researchers and engineers. Once the engineering is completed, University Hospitals and Case Western will oversee the clinical trials. Results are expected "within a few years," according to Muzic.
 
"The projects are a win-win for everybody involved," he said. "The goal is to develop a product here in Ohio that can be manufactured in Ohio by an Ohio company and marketed throughout the world. It's a win for each of the partners and it's a win for the state."

NorTech clearly has a “Go big or go home” attitude. Its cluster approach to economic development in advanced energy and flexible electronics has supported companies that have attracted $20.5 million in capital, created 171 jobs and generated $10.8 million in payroll in Ohio over a one year period starting in July of 2010.
 
A “cluster” is a geographic concentration of interconnected businesses, suppliers, service providers, and associated institutions in a particular technology sector.
 
NorTech, a regional nonprofit technology-based economic development organization serving 21 counties in Northeast Ohio, has tested its cluster model on two industry clusters – advanced energy and flexible electronics. “We provide and connect cluster members to a variety of resources to help them commercialize new products, locate investors, access government funding, form strategic partnerships and funding collaborations,” said Kelly South, NorTech’s senior director of communications.
 
And now, NorTech has won big for its development innovation. The organization is in the national spotlight for recently receiving a prestigious national award from the State Science Technology Institute (SSTI).
 
SSTI is a national nonprofit organization that leads, supports and strengthens efforts to improve state and regional economies through science, technology and innovation.
 
According to a news release, SSTI’s awards program identifies "national models developed by states and regions to accelerate science, technology and innovation to grow their economies and create high-paying jobs."
 
NorTech received SSTI’s Most Promising TBED Initiative Award, a new category for creative initiatives that address a specific need in a region to achieve economic growth.
 
The recognition is a very big deal. "The SSTI award brings external validation from national technology based economic development (TBED) practitioners to our work,” said South. “It recognizes our cluster development model as a ‘best practice’ approach to growing regional industry clusters that can be applied to other industries and areas of the country. It’s a great honor to be recognized by our peers."
 
According to Rebecca O. Bagley, president and CEO of NorTech, "At the federal level, there is a growing recognition of the value of regional innovation clusters as a ‘bottoms up’ approach to creating jobs and making the U.S. more globally competitive."


 

Michael Goldberg might be the most multi-talented Cleveland entrepreneur you’ll ever want to know. Not only did he co-found a company that invests in Israeli medical device companies connected to the region’s thriving health care economy, but now he’s moving to Vietnam after receiving a Fulbright to teach entrepreneurship there.

This January, the brains behind Bridge Investment Fund will try to convey what he’s learned in two decades of international business experience to students half a world away, where many may see venture capital as an intriguing, new concept.  

Goldberg has taught courses on both entrepreneurial finance and the economic impact of immigrant entrepreneurs as an Adjunct Professor at Case Western Reserve University. He will move to Hanoi, Vietnam for five months with his wife and three children to teach at the National Economic University there thanks to the Fulbright award. He plans to lecture on expanding access to early stage capital to Vietnamese companies. He is also hoping to work with leading venture capital funds and entrepreneurs in Vietnam to build networks there.

“The Fulbright will enable me to better connect my students, portfolio companies and network in Cleveland to expanding opportunities in Asia,” says Goldberg. 

Goldberg was also recently appointed as a Senior Advisor to Kaiwu Capital, a China-based venture capital fund. He plans to continue to work for Bridge Investments and Kaiwu Capital abroad, and says his work may lead to new opportunities at home.

“I’ve already had companies in Cleveland ask me to keep an eye out for business opportunities while I’m there,” says Goldberg, who adds that Ohio-based companies that are doing business in emerging markets are helping to fuel domestic growth.

If Goldberg needs further credence cities as disparate as Cleveland and Hanoi are increasingly interconnected, he has to look no farther than his daughter’s new cello teacher. She was referred by a Hanoi doctor who trained at the Cleveland Clinic.

“I’ve already been introduced to several people from Cleveland,” says Goldberg with a chuckle. “I like to call this the ‘Cleveland diaspora’ – we are everywhere. ”

Conservation has always been a major concern for zoos, from habitat conservation to protecting animal populations with dwindling numbers. Two Ohio zoos, though, are leading the way into another branch of conservation--energy conservation.
 
The Cincinnati Zoo & Botanical Gardens and the Columbus Zoo & Aquarium have both made headlines in the last two years for their green technology efforts, investing millions while enlisting help from the state's green industry to become leaders in the field.
 
Over the past five years, the Cincinnati Zoo has invested $1 million in energy improvements, upgrading 73 buildings--including elevating five to Leadership in Energy and Environmental Design (LEED) certification and other initiatives like switching to energy-saving LED lights for its annual holiday display.
 
The biggest splash in the Ohio zoo green movement is just starting to pay off, though. Earlier this year, the zoo completed construction on an $11 million, four-acre, 15-foot high "solar canopy" that covers 800 spaces in its parking lot. The system, billed as the largest, publicly accessible urban solar array in the country, consists of 6,400 panels that generate 1.56 megawatts--providing nearly 20 percent of the zoo's energy requirements.
 
Along with saving the zoo millions in energy costs, the project also includes education benefits. It funds 10 scholarships at Cincinnati State's Green Workforce Development Program and includes an onsite kiosk that shows the array's performance and extolls the virtue of solar energy. The zoo began using the array in April, soon after completion.
 
Melink Corp., owned by green technology activist Steve Melink, designed the structure and served as developer. It also secured the financing for the array, and will operate the array for the zoo. The Milford-based company jumped onto the "green bandwagon" early, specializing in high-efficiency restaurant exhaust systems since 1987 before moving into solar projects over the past decade.
 
Thane Maynard, executive director of the zoo, said there was no better place to showcase solar technology.
 
"As the greenest zoo in America, there is no better place to showcase this technology and to help the public understand that not only is this technology the right thing to do for our energy future," he said, "but it makes absolute financial sense as well."
 
The Cincy Zoo might have a battle on its hands for the "greenest" title, though.
 
Just up I-71, the Columbus Zoo & Aquarium announced in October plans for a solar array to surpass its Cincinnati counterpart. Construction starts next year. 
 
"We're excited about the solar array," says zoo director of planning Barbara Revard. "Everything's still in the planning stages, but I think we're comfortable in saying that we think it will be somewhere between a 2.5-to-3 megawatt system."
 
Taking the lead in the project is Athens-based Third Sun Solar, one of the state's fastest-growing solar firms. Founded in 2000 by the aptly named Geoff and Michelle Greenfield and operating out of the Innovation Center at Ohio University, the company has become a regional leader in implementing solar technology. It's been named to Inc. magazine's “Inc. 5,000" for three years in a row.
 
The planned solar array isn’t the only trick in Columbus zoo's green hat, however. Three years ago, it opted to utilize geothermal technology in another of its projects, the Polar Frontier exhibit. Opening this past May, the $20 million exhibit circulates 300,000 gallons of water to a tank that serves as home to polar bears. The mostly underground system keeps the water at a constant chilled temperature, using a fraction of the energy of other options.

The zoo has also "gone green" in other areas, from pioneering use of new Flux Drive pump products that have led to a 40 percent reduction in energy costs, to recently installing "smart skylights" in one of its buildings.
 
The skylights, produced by Ciralight Global out of Corona, Calif., consist of motorized mirrors and sensors that rotate the mirrors to catch sunlight and reflect it inside, where its needed. The result is an electricity-independent, natural light source that provides better light at less cost.

"We joke that we're finding things in the warehouse that we didn't even realize were there," says Revard.
 
Columbus-based Energy Solutions Group worked with the zoo on bringing the "flux drive" and skylights into the fold.
 
Both the Cincinnati and Columbus zoos are leaders in implementing green technology, but they're far from alone. Every few months, representatives from all Ohio's zoos get together to talk about moving toward more environmentally friendly initiatives. The group, called the Ohio Zoo Green Consortium, consists of about 30 representatives from around the state, said Revard.
 
"The fun thing for us all is working together and talking about what we're doing, what's working well and what's next," said Revard. "It's our hope that we can not only share that information with other zoos in Ohio, but also serve as a model to zoos outside the state."

It was April of 2001 and dot-coms were imploding like far-away stars in Deep Space 9. But not for Marc Resnik. He had a dream. Sort of.
 
“It wasn’t a dream, just an idea in my head,” said Resnik. “I literally woke up laughing with an unusual idea for a business.”
 
After “throwing” some ideas around with the family, Resnik said he went downstairs and registered the domain ThrowThings.com for his Ravenna-based company.
 
The business model combines the concept of “throwing” with a number of loosely related departments. “Things To Throw” has toys and games, like baseball and such. The “Throw Your Voice” category features ventriloquist dummies (big sellers, apparently), puppets and marionettes. The most popular section, in terms of overall revenue, is the “Throw Your Name Around” category which offers customized promotional products. There’s also “Throw Backs,” “Throw A Party,” “ThrowThings Things” (this is not a typo) and, of course, “Throw Up.” You can even “Throw Your Money Away.” We’re not kidding. For $3.50 plus shipping and handling, the buyer gets a certificate verifying that he did, indeed, throw his money away.
 
Resnik says the five full-time staff company continues to evolve and grow and enjoyed consistent year-over-year growth until the economic downturn in 2008.
 
“With the downturn in the economy we took a hit but have been back on the growth track since then,” he said. “When things slowed down the company used the time to refocus, to become more efficient, and to complete some of the things on our ‘We really should do this but there just doesn’t seem to be time’ list.”

“Unlike most businesses, ours is relatively scalable in that we have the ability to increase business levels based on our [existing] staff. Because of this we are always looking for people that could be a strong addition but we are never pressured to bring someone in.”

Edison Ventures, a New Jersey-based venture capital firm that specializes in helping innovative, established companies grow, has a new Ohio office up north that has made a mark in the Buckeye state by dropping its first $6.5 million Ohio investment into the Columbus-based software company Call Copy.

“We'd been tracking Call Copy since 2007 and were impressed by its growth and leadership,” says Michael Kopelman, partner at Edison Ventures, of the company’s growth from a simple software development company for call centers to a multi-purpose company that also provides in-house support for that software as well as the job process involved in using it. “There is a trend of many companies moving to Voice Over IP technologies, and they are more open to looking at other call center solutions.”

Call Copy develops innovative contact center software for dozens of industries from banking and healthcare to energy and insurance. This summer it was named to Inc. 500's list of the fastest-growing private companies in the U.S., with three-year sales growth of 831 percent.

“They make products that are very intuitive in an industry where there is a lot of turnover,” says Kopelman, and “quick training is absolutely critical.”

Edison Ventures, founded in 1986, is firmly committed to making continued Midwest investments following its expansion in to D.C., New England and New York. It opened its newest office in Cleveland in February. Chris Sklarin, who helped found JumpStart in Cleveland, heads the Edison Midwest office.

“We think this is an undeserved market,” says Michael Kopelman, partner at Edison Ventures. “We've done 44 deals in Pennsylvania, and in its close neighbor Ohio we see a great opportunity.”

Edison invests in established companies that have proved successful, but are looking to scale their products or services across the United States or internationally. Since its founding, Edison has made 180 investments, that have resulted in 110 exits and is in its seventh fund, Kopelman says. Edison's generally invests in fast-growing companies doing $5 million to $20 million in revenue and will invest from $5 million to $10 million.

LineStream Technologies is growing by leaps and bounds in the automated software control market. The company was created in 2008 as a spinoff out of research done by Cleveland State University's Zhiqiang Gao, director of the Center for Advanced Control Technologies and focuses on commercializing and simplifying control software.
 
Basically, LineStream products increase efficiency, are easy to implement, and therefore improve the performance of automated systems.
 
"Any product using a motor, we look to improve energy efficiency and life of that motor," explains David Neundorfer, LineStream president. "We simplify the design process and lop off weeks of [development]."
 
The company is getting attention from some of the major players in the automation industry. They just licensed their software to Texas Instruments. "We're going to be putting software in a chip platform in motor and motion controls," explains Neundorfer.
 
The deal adds to the company's rapid growth. "It's very exciting and a large deal for us," says Neundorfer. "Some of the larger companies in the industrial space are interested in our technology."
 
LineStream has grown to five employees this year, expects to be at eight to 10 by the end of the year, and double in size again next year. "We're hiring and ramping up to establish a relationship with Texas Instruments."

Source: David Neundorfer
Writer: Karin Connelly

This story originally appeared in sister publication Fresh Water Cleveland.

An economic development collaboration in northeast Ohio hopes that more than $2 million in federal grants will help it create more than 600 jobs in northeast Ohio during the next four years.

NorTech, along with Lorain County Community College, JumpStart and MAGNET will work together as one of 20 high growth industry clusters selected by the Obama administration’s Jobs and Innovation Accelerator Challenge.

The Ohio collaboration is intended to accelerate the speed to market for near-production or pilot-production prototypes in the advanced energy and flexible electronics industries. Flexible electronics includes functional films and inks, liquid crystal devices and displays, printed batteries and sensors, OLED lighting and organic photovoltaics.

Rebecca Bagley, President and CEO of NorTech – a regional nonprofit technology-based economic development organization that serves 21 counties in northeast Ohio – says the project will benefit not only her region, but the nation.

“Our national economy is made up of the interconnection of regions across the country,” she says. “This really helps accelerate some important industry areas in northeast Ohio, which then ultimately accelerates growth of the nation.”

The number of northeast Ohio companies in the cluster are growing, with 46 organizations counted within advanced energy and 28 in flexible electronics, says Karen Allport, NorTech’s VP of strategic outreach.

“This represents members of the cluster – that is, companies with which NorTech has a close relationship and are actively engaged in building the clusters in Northeast Ohio. There are many more organizations in these industries but we do not define them as members of the cluster, yet. Our job is to attract them to become a member of the cluster.”

The Ohio partnership, which was selected from among 125 applicants nationally, expects to add 630 jobs, more than $40 million in annual payroll and $38 million in capital attracted during the next four years, Allport says.

Funding to support the Ohio initiative comes from the U.S. Department of Commerce’s Economic Development Administration, the Department of Labor’s Employment and Training Administration and the Small Business Administration.

Sources: Rebecca Bagley and Karen Allport, NorTech
Writer: Gene Monteith

Quality Electrodynamics (QED) was one of the local recipients of Ohio Third Frontier funding for the development of an imaging system that will improve the way doctors evaluate whether a kidney is viable for donation.
 
The Cleveland-based company, working with the Cleveland Clinic’s Glickman Urological Institute, CWRU, Toshiba Medical Systems and Canon, received $1 million for the development of specialty MRI coils for imaging donor kidneys before transplant to determine viability.
 
Currently, potentially viable kidneys are sometimes rejected for transplant, or there are complications after transplant. This technology will improve the chances of success as well as reduce the number of kidneys that are thrown away.
 
“The program will result in a turnkey system of equipment, analysis software and clinical protocols which will be marketed to transplant centers on a worldwide basis,” says John L. Patrick, chief technical marketing officer for QED.

“Recipients of kidneys from deceased donors would benefit in several ways: Higher confidence level that the transplanted kidney can be viable and better knowledge of its condition; increase of transplanted kidneys by reducing the number of viable kidneys discarded will increase the number of patients able to benefit from transplantation.”
 
Patrick says the technology should be on the market in less than two years, depending on how clinical trials go. QED expects to begin hiring additional people for development of the technology in the next few months.

“In the proposal we stated that 38 jobs would be created at QED within 3 years,” says Patrick. “In fact, we believe that number to be quite conservative.”
 
Source: John L. Patrick
Writer: Karin Connelly

This story originally appeared in sister publication Fresh Water Cleveland.