Ohio Ranks 10th in NIH Funding Critical to Development of Innovative Products and Companies that Lead to New Jobs

A new report from the National Institutes of Health (NIH) has ranked Ohio 10th among US states for NIH funding awards in 2010. Ohio pulled in $778 million, up slightly from $769 million in 2009. Ohio State University, which received $180 million, was the second largest recipient in the state.  (Case Western was first with $185 million). 

NIH funding is important because it can be the first step in paying for research that leads to innovative new products that build companies, create jobs and generate wealth. Such research is often too risky and early stage for private companies to engage in, so the government frequently funds nascent research projects until the research shows enough promise for private industry to take over.

“NIH funding in Ohio supports critical research projects that will ultimately translate into new cures, treatments and medical products that improve and save lives in America, and around the world,” said John Lewis, BioOhio’s chief operating officer.

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