From advanced radiopharmaceutical development to breakthrough diabetes treatments, innovative genome sequencing to cutting-edge water management research, Louisiana’s rapidly expanding life sciences sector is establishing the state as a hub of research, collaboration, and innovation — and creating new opportunities for biotech investment. Among these investments is the new Pennington Biomedical Research Center, which is battling the obesity epidemic with an entrepreneurial approach.
Although those in the aerospace and other industries once believed that the simplest solution to a production problem was undoubtedly the optimal one, it often creates inefficiency in design and production that makes for a competitive disadvantage in today’s global marketplace.
Available land, lower costs, and the desire to co-locate with suppliers and customers draw companies to rural locations, but satisfying infrastructure needs and access to talent shouldn’t be overlooked.
The government’s strategy to ensure the growth of its life sciences sector, along with the country’s high-quality talent and low operational costs among other advantages, makes Canada the place to invest in the LSHT sector.