Earlier this year I highlighted how Northeast Ohio could generate 11,000 jobs if we matched the national average in terms of research done at our area universities, medical schools and other institutions. Officials with several organizations in Northeast Ohio are trying to help reach that goal by supporting efforts to bring an orthopedic research center to that community.
The University of Akron has committed $4 million to the project, and the state of Ohio has already promised $8 million. Cheryl Powell of the Akron Beacon Journal describes the opportunity this way:
The University of Akron, the city’s three hospital systems and the region’s medical school are pledging millions of dollars to launch a joint research center for orthopedics.
The University of Akron Board of Trustees agreed on Wednesday to commit $4 million in cash and in-kind contributions during a five-year period toward the creation of the Orthopaedic Research Institute of Northeast Ohio.
The plan brings the partners together for education, research and clinical initiatives related to bone and joint problems.
The agreement calls for UA, Akron Children’s Hospital, Akron General Health System, Summa Health System and the Northeastern Ohio Universities Colleges of Medicine and Pharmacy (NEOUCOM) to each contribute $800,000 annually for five years.