9 Fast-Growing Biotech Companies to Know in Cleveland and Northern Ohio

Evan Weese

By on 05/05/22

9 Fast-Growing Biotech Companies to Know in Cleveland and Northern Ohio

These northern-Ohio biotech companies are making huge investments, treating diseases

Growth and investment in Ohio’s biotech industry are at all-time highs, fueled by the state’s world-class universities, hospitals, and support organizations.

With the help of BioOhio, we’ve compiled a list of fast-growing biotech companies that are based in Cleveland and northern Ohio.

(Check out the first two parts of our series on biotech companies in the Columbus-area as well as throughout Cincinnati and southern Ohio.)

  • Small: 1-10 employees

  • Medium: 11-99 employees

  • Large: 100+ employees 

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Cleveland-Area Biotech Companies

cleveland-biotech-companies-abeona-therapeutics

1. Abeona Therapeutics 

Location: Cleveland, Ohio
Founded Locally: 2013 
Size: Medium

Abeona Therapeutics is a fully-integrated gene and cell therapy company at the forefront of the rapidly-advancing field of genetic medicine. Their expertise across R&D, manufacture, and discovery of novel gene and cell therapies has them uniquely positioned to bring new medicines to patients in need. In December 2021, Abeona Therapeutics announced pricing of a public offering of common stock and warrants worth $17.5 million. In July 2021, the company announced new MRI data showing increased brain volume in young patients with Sanfilippo Syndrome Type A (MPS IIIA) after treatment with ABO-102 Gene Therapy.

 

cleveland-biotech-companies-Anatrace

2. Anatrace Products 

Location: Maumee, Ohio
Founded Locally: 1985
Size: Medium

Anatrace is committed to developing and supplying the industry’s finest high-purity detergents and lipids. Their standards have made Anatrace an internationally-recognized leader in manufacturing reagents for membrane protein studies and custom chemical synthesis. Throughout 2020 and 2021 Anatrace developed and launched new products and applications, further enabling its customers to reach and exceed their goals. 

 

cleveland-biotech-companies-athersys

3. Athersys 

Location: Cleveland, Ohio
Founded Locally: 1995
Size: Medium

Athersys is an international biotechnology company that is focused in the field of regenerative medicine. They are committed to developing therapeutic products that the company believes have best-in-class potential, meaning therapies that have the potential to be safer and more effective than the current standard of care or other products in development, and that may have other advantages, such as superior scalability or ease of administration. Athersys expects to continue expanding in Stow, Ohio, with plans to add 400 jobs over the next several years.

 

cleveland-biotech-companies-Centerline-Biomedical

4. Centerline Biomedical 

Location: Cleveland, Ohio
Founded Locally: 2014
Size: Medium

Centerline Biomedical provides navigation technology to reduce radiation exposure and improve accuracy. The company champions innovation for patients and caregivers alike to create a world where healthcare is safer and more accessible. In recent years Centerline Biomedical has grown through venture investment and research grants from the National Institutes of Health

cleveland-biotech-companies-charles-river-labs

5. Charles River Laboratories 

Location: Spencerville, Ohio
Founded Locally: 2001
Size: Large

Charles River is focused on expediting research programs, drug discovery/lead candidate selection, and preclinical drug development. The company partners with its clients to accelerate the development of new therapies, chemicals, and medical devices. Charles River’s Spencerville, Ohio facility has grown significantly in size and capabilities through several expansions.  

 

cleveland-biotech-companies-Haima

6. Haima Therapeutics 

Location: Cleveland, Ohio
Founded Locally: 2016
Size: Medium

Haima is a pre-clinical stage biotechnology company developing platelet-inspired therapeutics to mitigate bleeding and to treat other blood-related disorders where platelets play a key role in their progression, such as thrombosis, inflammation, and cancer. In 2021 Haima Therapeutics received $3 million from the U.S. Department of Defense to study its Synthetic Platelet Technology in combination with other blood surrogate products.  

 

cleveland-biotech-companies-Lazurite

7. Lazurite 

Location: Warrensville Heights, Ohio
Founded Locally: 2015
Size: Medium

Lazurite is focused on building operating room technology commensurate with the skills of clinicians to improve patient outcomes, boost clinical safety, and improve healthcare efficiency. The company has combined their proprietary light and camera technologies to create the only wireless camera system for minimally invasive surgery and was recognized by AngelMD as one of the best startups of 2021. Lazurite recently announced a relocation of its headquarters to a larger space in Warrensville Heights, Ohio, which will allow it to continue expanding.

 

cleveland-biotech-companies-NAMSA

8. NAMSA 

Location: Northwood, Ohio
Founded Locally: 1967
Size: Large

NAMSA has assisted thousands of MedTech Sponsors to make a positive impact to healthcare since 1967. The company delivers market leading Contract Research Organization (CRO) services to clients in all major markets of the world. NAMSA provides unparalleled medical device testing capabilities, strategic guidance and tactical support to fast-track market introduction. They are committed to helping Clients overcome development hurdles, mitigate concerns and streamline commercialization efforts. Under new leadership in 2021, the company has expanded its services and reach through strategic, highly beneficial acquisitions.

 

cleveland-biotech-companies-xellia

9. Xellia Pharmaceuticals USA 

Location: Bedford, Ohio
Founded Locally: 2015
Size: Large

Xellia Pharmaceuticals is a specialty pharmaceutical company focused on providing important anti-infective treatments against serious and often life-threatening infections. The company’s Cleveland, Ohio manufacturing facility became commercially operational in 2021 and began releasing anti-infectives to be distributed for use by US hospitals.

 

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