R&D Tax Credits for Columbus, Ohio Businesses

Columbus, Ohio, is a major hub for industries such as finance, healthcare, education, technology, and retail. Top companies in the city include Nationwide Insurance, a leading financial services company; OhioHealth, a major healthcare provider; The Ohio State University, a significant educational institution; JPMorgan Chase, a key player in the technology sector; and L Brands, a prominent retail company. The Research and Development (R&D) Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 20 E Broad St, Columbus, Ohio provides R&D tax credit consulting and advisory services to Columbus and the surrounding areas such as: Dublin, Grove City, Westerville, Hilliard and Lancaster.

If you have any questions or need further assistance, please call or email our local Ohio Partner on (380) 220-1380.
Feel free to book a quick teleconference with one of our Ohio R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.



Columbus, Ohio Patent of the Year – 2024/2025

Invirsa Inc. has been awarded the 2024/2025 Patent of the Year for groundbreaking advances in biochemical signaling control. Their invention, detailed in U.S. Patent No. 11857561, titled ‘Methods for the use of 5′-adenosine diphosphate ribose (ADPR)’, introduces novel techniques to manipulate ADPR molecules for targeted cellular processes.

This new technology offers precise control over ADPR, a key molecule involved in cellular signaling and metabolism. By harnessing this mechanism, the invention paves the way for innovative treatments in disease management and drug development. It addresses longstanding challenges in delivering and regulating ADPR activity within cells.

Invirsa’s methods enable improved modulation of biological pathways tied to inflammation, DNA repair, and energy metabolism. This could accelerate research into therapies for cancer, neurodegeneration, and immune disorders. The approach also opens doors to customized interventions at the molecular level, enhancing treatment specificity and effectiveness.

With this patent, Invirsa sets a new standard in biomedical innovation. Their work moves beyond conventional drug design by focusing on intracellular signaling molecules directly. The technology promises real-world impacts in precision medicine, offering new hope for patients with complex diseases.

As research evolves, these methods could become foundational tools for scientists and clinicians. Invirsa’s breakthrough exemplifies how targeting small molecules like ADPR can unlock vast therapeutic potential, marking a significant step forward in the life sciences.


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Ohio Office 

Swanson Reed | Specialist R&D Tax Advisors
20 E Broad St
Columbus, OH 43215

 

Phone: (380) 220-1380