Cleveland Clinic has opened the first phase of its 341,000-square-foot innovation district.
The Cleveland Innovation District, a public-private initiative with the state of Ohio and JobsOhio, greatly expands the health system’s research capabilities.
“Our focus on innovation not only helps to develop new treatments to improve patient care but also contributes to the growth of our region’s economy and efforts to train the workforce of tomorrow,” said Tom Mihaljevic, MD, president and CEO of Cleveland Clinic.
Dr. Mihaljevic noted that this represents the “largest research investment in our history.” Philanthropic donations have already contributed more than $47 million to the effort. It also included $265 million in state funds and a $1.3 billion commitment from Cleveland Clinic, Becker’s reports. Read more.