Wednesday, February 17, 2010

Israeli med device firm picks Columbus for U.S. HQ - Business First of Columbus:

Israeli med device firm picks Columbus for U.S. HQ - Business First of Columbus:

An overseas medical device firm is using Columbus as a gateway to its next development steps.

Israel-based Sensible Medical Innovations has chosen the city as the site of its U.S. headquarters. Sensible Medical has created a device that monitors chronic diseases such as congestive heart failure externally, which could cut patients’ health-care costs and aid early intervention efforts.

Tom Sudow, director of business development for Cleveland’s Global Cardiovascular Innovation Center, said Sensible Medical has 16 employees at its overseas headquarters and recently hired one employee to scout a permanent location in Columbus for its U.S. headquarters, potentially the TechColumbus incubator. The innovation center, a public-private partnership tied to the Cleveland Clinic, was the company’s first Ohio contact in 2008 and has since awarded Sensible Medical a $447,000 grant for commercialization of its technology, Sudow said.

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