Louisiana Life Sciences Needs More Capital, Report Shows

Back in September, the  law firm Baker Donelson hosted the inaugural Louisiana Life Sciences and Technology Symposium, which brought together more than 60 thought leaders and stakeholders in the state’s life sciences and technology ecosystem.

Topics covered at the symposium included corporate strategy and investment, developing and protecting your intellectual property portfolio, taking advantage of economic development incentives, and much more.

Following the symposium, Baker Donelson released a report stating that the participating Louisiana life sciences and technology leaders anticipate growth, but note there needs to be additional capital to fund regional innovation.

“This event brought together some of the leading representatives from the life sciences industry, regional universities, and the U.S. Patent and Trademark Office, sharing information and experience that we hope will ultimately help Louisiana’s emerging companies gain access to support and funding,” shared Noah Kressler, co-chair of Baker Donelson’s Louisiana Life Sciences and Technology team.

“While most of the companies represented at the symposium are predicting growth, the need for better access to capital and a future workforce is top-of-mind,” continued Kressler. “The event was the first of many we are planning in order to continue positioning Louisiana as a thriving player in the technology and life sciences space.”