Biomedical Research
Building Businesses and Medical Breakthroughs
Biomedical Research in Northern Kentucky
Biomedical research involves exploring biological processes to help prevent, diagnose, and treat disease and is a fast-growing segment of the Life Sciences industry. Traditionally, biomedical research has leveraged advances in life and physical sciences. In recent years, however, computational sciences have been booming. In Northern Kentucky, biomedical research companies have found a home, including Thermo Fisher Scientific and its newest research facility project scheduled to break ground soon.
“We are very thankful for the continued support we’ve received since moving our operations to Newport, Kentucky, both at the local and state levels. The incentive Kentucky provided for our expansion is a strong example of their pro-business approach to spur innovation in the life sciences.”
Brian Kincaid, CEO, Ethos Laboratories
Community Support for Biomedical Growth
The Kentucky Life Sciences Council (KLSC) is dedicated to advancing innovation and supporting the growth of high-tech businesses, including biomedical research companies, in Kentucky. Their initiatives foster a thriving environment for biomedical research through funding, partnerships, and educational programs. This strong support network makes Northern Kentucky an attractive location for biomedical research companies seeking a collaborative and resource-rich environment.
Tax Incentives
Northern Kentucky offers a competitive edge for biomedical research businesses with its comprehensive tax incentives. From job creation to training grants, these incentives are designed to reduce costs and accelerate growth for biomed companies choosing to invest in the region.Â
Education and Biomedical Research Talent
There are 25 four-year colleges/universities and 11 community and technical colleges located about 75 miles from Northern Kentucky. In addition, regional universities are also important producers of Life Sciences talent. In 2019, the University of Cincinnati, Northern Kentucky University, and Miami University collectively awarded 3,800 health professional degrees. This includes Northern Kentucky University’s Health Informatics program.
The Cincinnati region is the #1 best city in the nation for college graduates. (Source: SmartAsset 2022)