WATERFORD TOWNSHIP — Oakland County Michigan’s Medical Main Street, in cooperation with Automation Alley, is offering free office space in its International Business Center to foreign-owned companies trying to get a foothold in the United States market.
Medical Main Street is targeting 15 companies during MEDICA 2011, World Forum for Medicine International Trade Fair with Congress, set for Nov. 16-19 in Dusseldorf, Germany. Two Oakland County companies, Oxus and Orchid Orthopedics, are accompanying Irene Spanos, a senior business development representative for Medical Main Street and Oakland County’s Department of Economic Development & Community Affairs, at the trade show.
“We are offering the companies at MEDICA 2011 the full package: free office space, connections to the Medical Main Street community for market validation and for future sales opportunities, access to our highly educated work force and lower business costs than the East or West coasts,” Oakland County Executive L. Brooks Patterson said. “Recent tax reforms make Michigan one of the lowest taxed states in the country. Medical Main Street is a natural fit for these medical technology companies.”
The IBC, located in Automation Alley’s Troy headquarters, is equipped with the latest video conferencing, information and business support technology in the Detroit region. It gives foreign-owned companies an opportunity to test the U.S. market free of charge. Automation Alley is a technology consortium in Southeast Michigan made up of over 1,000 technology companies.
Spanos will be present in the Michigan Booth located in Hall 16, Booth E10-5 – with information on the IBC and forms for companies to fill out to reserve their space in the IBC for 2012. MEDICA attracts 138,000 visitors from more than 100 countries and 4,400 exhibitors from around the world. Oakland County is home to more than 700 foreign-owned firms from 37 countries.
“Oakland County and Medical Main Street have everything international companies need to be successful in the U.S. market from FDA consultants that can help them through the regulatory process to specialty insurance firms that can help them mitigate medical device liability and be covered adequately to even some of the best patent law firms in the country,” Patterson said.”
Oakland County Michigan’s Medical Main Street is a unique alliance of world-class hospitals, universities, medical device, biopharma companies and some of the country’s top medical professionals creating a global center of innovation in health care, research and development, education and commercialization in the life sciences industry.
Medical Main Street has assembled a board of industry leaders to provide advice and support to this initiative. The board includes: Beaumont Health System, Beckman Coulter Molecular Diagnostics, Crittenton Hospital, Ferndale Laboratories, Henry Ford Health Systems, Housey Pharmaceuticals, McLaren Health Care Corp., MichBio, Oakland Community College, Oakland University, Oxus, Inc., Providence Park Hospital, Rockwell Medical Technologies and St. Joseph Mercy Oakland /Trinity Health.
The alliance also includes representatives from a wide range of organizations that support the mission of Medical Main Street. These ambassadors support the effort by: assisting in marketing and promoting our region, providing introductions for county officials to health care suppliers and life science companies, and participating in and providing support staff for Medical Main Street task forces and events.
More at www.MedicalMainStreet.org.