The idea that Cleveland is a burgeoning biotech and healthcare hot spot has been touted ad nauseum by city leaders and the media in recent years. But it turns out that this particular why-we-should-feel-good-about-the-future stance isn’t true.
Despite the Clinic, UH, and Metro; despite the biotech companies and incubators here, our city doesn't make the cut for a spot among the top-10 life science bastions in the country.
And the news gets worse: Despite the Med Mart hype Cleveland doesn't rank as one of the top emerging life science hubs either.
Some research types from financial services company Jones Lang LaSalle evaluated cities on things like number of medical and high-tech research employees, venture capital invested in life science businesses, and the amount of academic and business-sponsored research going on and issued a telling report detailing their findings.
MedCity News has details but here are the highlights:
The biggest and most promising life science areas were no surprise—Boston, New York and New Jersey, San Francisco, LA, Washington D.C and surrounds. Cleveland isn’t on the top ten list but Philadelphia, San Diego, Minneapolis, Raleigh-Durham, and Seattle are.
The Midwest did well in terms of up and coming life science centers with Chicago and Indianapolis receiving mention, but not Cleveland.
Ah well, better to aim for the top in something that’s more fun and less scientific anyway. Maybe sports fan beer brawls or total number of food trucks.