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Opportunities in Louisiana for Expansion/Relocation, Small Businesses & LA Business Leaders Expansion/Relocation Small Businesses LA Business Leaders

Life Science

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Industry Overview

For years, Louisiana has placed great emphasis on expanding its life science industry, supporting research centers throughout the state and offering initiatives that enhance the biotechnology and biomedical fields.

The state has invested $500 million in the industry, helping to fund research, facilities and infrastructure across the state, including leasable wet lab incubator space. In addition, the state has invested in Good Manufacturing Practice laboratory for stem cell research, new research facilities at Pennington Biomedical Research Center in Baton Rouge, Tulane National Primate Research Center, Louisiana Cancer Research Center in New Orleans and aggressive incentives to attract additional life science-focused businesses.

Biotechnology and Biomedical

As new medical resources and initiatives develop, Louisiana continues to be at the forefront of these innovative breakthroughs. The state's collection of facilities and infrastructure is dedicated to research and development in the biotechnology and biomedical fields statewide.

The Pennington Biomedical Research Center in Baton Rouge is a 403,000-square-foot core research complex that houses eight basic research labs, three clinical research units, 19 core service labs, inpatient and outpatient clinics, a research kitchen, an administrative area and more than $20 million in technologically advanced equipment. More than 80 faculty members and over 600 physicians, scientists and support personnel focus their research efforts on 10 research program areas: Epidemiology and Prevention, Physical Activity and Health, Cancer, Diabetes, Obesity, Neurodegeneration, Genomics and Molecular Genetics, Stem Cell and Developmental Biology, Neurobiology, and Nutrient Sensing and Signaling.

Also in Baton Rouge, the Louisiana Emerging Technology Center is a 60,000-square-foot business incubator located on the LSU campus. The incubator is designed specifically for new companies with wet lab needs. The Louisiana Emerging Technologies Center lays the groundwork for companies involved in biotechnology, health care, environmental sciences, life sciences, agriculture and other technologies.

The Greater New Orleans region has long been a strong health services provider and active hub of research and biosciences activity, and the sector remains one of the area's largest employers. At the center of this growing industry in New Orleans is a 2.4-square-mile area in the heart of the city's downtown medical district, where leading medical schools, universities, hospitals and research institutions are working to advance bioscience.

Some key developments include: approved LSU and VA hospitals, which will create 6,000 jobs and $1.26 billion in annual impact; a $90 million Tulane-LSU Cancer Research Center under development and the New Orleans BioInnovation Center, a 66,000-square-foot, state-of-the-art wet lab incubator scheduled to open in 2009. With multiple colleges and universities offering strong biotech-related degree and research programs in areas such as cancer research, gene therapy, neurosciences, biostatistics and tropical medicine, Greater New Orleans offers an optimal research environment for scientists.

InterTech is a new science park that will help establish northwest Louisiana as a source of science and innovation. Established on 2,400 acres in central Shreveport and bordered by three major medical centers - LSU Medical Center in Shreveport, Schumpert Medical and Willis-Knighton Medical Center - this science park is home to a variety of innovative tenants. BioSpace1, for example, is a $12.2 million incubator for new bioscience businesses. Companies in the 60,000-square-foot BioSpace1 facility share $500,000 worth of equipment in a core laboratory and have experts analyze their business plans on a yearly basis. Tenants now operating at BioSpace1 include: Red River Pharma, a research and development and drug manufacturing company; Louisiana Ventures, a venture capital fund; and the offices of Embera NeuroTherapeutics Inc., a company founded by an LSU Health Sciences Center scientist who's working on medicine to help with drug addictions. The foundation has a plan to fill the incubator in three years. InterTech is expected to create 6,000 jobs over the next 25 years.

Other organizations, businesses, facilities and initiatives that support and enhance Life Science in Louisiana include: Louisiana Gene Therapy Research Consortium, Biomedical Research Foundation of Northwest Louisiana, Louisiana Cancer Research Consortium, LSU Medical Centers in New Orleans and Shreveport, Tulane Medical Center, Biomedical Engineering Department and Institute of Micromanufacturing at Louisiana Tech, School of Pharmacy at Northeast Louisiana University, College of Pharmacy at Xavier University, UNO's National Biodynamics Laboratory, LSU School of Veterinary Medicine, Center for BioModular Microsystems, Center for Advanced Microstructures and Devices at LSU, and primate centers associated with University of Louisiana at Lafayette and Tulane.