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Rahul Aras, the co-founder and chief executive of Juventas Therapeutics, says the region's innovation ecosystem is making it possible for his company to pursue a potentially revolutionary drug. Money from venture capitalists helped Juventas to move into its new offices in Tyler Village.

In a former elevator factory in Cleveland's burgeoning Health-Tech Corridor, scientists for a company called Juventas Therapeutics pursue Cleveland-style entrepreneurship.

They're probing the impact of a drug that seems to rally the body's healing cells to tissue damaged by, say, a heart attack, and hoping for profound results.

While advancing regenerative medicine, the young company illustrates a promising local path into the innovation economy. Juventas spun out of the Cleveland Clinic, brandishing technology discovered in local labs. It opened its doors with a boost from JumpStart and has since attracted $32 million in private investment, in addition to some top talent.

To read the original article: Cleveland's innovation economy grows as venture capital streams into the region | cleveland.com