The City of Akron will be the new home for a Netherlands biomedical company.
Quest Medical Imaging is locating its headquarters in the Akron area, a part of the Global Business Accelerator program.
The city has granted Quest Medical BioInvestment funds to commercialize its Artemis Handheld System, the world's first simultaneous full-color and fluorescent medical imaging system.
The device allows surgeons to more accurately perform surgery on tumors which reduces damage to healthy tissue and nerves.
Akron BioInvestment funding will help Quest Medical further product development and commercialize its technologies.
The Akron Global Business Accelerator is an initiative of the City of Akron that provides entrepreneurial support to technology based startups. Established by Mayor Don Plusquellic in 2011, the goal of Akron BioInvesments Funds is to support the growth and attraction of national and international companies similar to Quest Medical Imaging.
Richard Meester, Quest Medical Imaging President and CEO, said "The ability to be within a few miles of several major hospitals, a short flight from key customers and large potential customer base, within close proximity to the skilled students coming out of the local universities, makes Akron a perfect landing spot."