ViewRay (Cleveland), a medical device manufacturer of real-time image guided radiation therapy (IGRT) systems, reported a move of its headquarters from Gainesville, Florida, to Cleveland. The company will hire 25 professionals within the first year and will fill 90 positions within three years, it said

ViewRay recently announced a $25 million Series B financing. The venture investors advised the company to consider Cleveland as a potential location.

According to ViewRay CEO William Wells, the company chose the Cleveland region after a review of several bioscience hotbeds, including Boston, Research Triangle, Atlanta and the San Francisco Bay area. The company said a key factor that led to its decision was the state of Ohio’s commitment to and infrastructure in supporting bioscience companies.

Wells said he was impressed with the team approach in Cleveland and Ohio. “Lt. Gov. Lee Fisher was instrumental in our decision-making process,” he said. “The state's commitment to the bioscience industry is encouraging and leads me to believe that our company will prosper here.”

Dynacq now on Nasdaq global market

Dynacq Healthcare (Houston) said that the company's common stock will be listed on the Nasdaq Global Market instead of the Nasdaq Capital Market. The trading symbol for the Company's common stock will continue to be DYII.

Dynacq Healthcare is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary services through hospital facilities.