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Life Sciences

Backed by state programs that empower research and innovation, bioscience startups and established institutions alike are powering Louisiana’s emergence as a major hub of scientific exploration and collaboration. Together, they’re creating opportunities for investment and economic growth.

30%

Research and development tax credit for qualified expenses, such as wages, supplies and contract research costs.

$1.1 Million

Annual funding through the Small Business Innovation Retention Fund, supporting growth-minded innovators leveraging federal grants.

$933.3 million

Annual gross regional product.

25%

Five-year growth of gross regional product.

30%

Research and development tax credit for qualified expenses, such as wages, supplies and contract research costs.

$1.1 Million

Annual funding through the Small Business Innovation Retention Fund, supporting growth-minded innovators leveraging federal grants.

$933.3 million

Annual gross regional product.

25%

Five-year growth of gross regional product.

Life Sciences News: Business growth for a better world

Louisiana BioScience Innovators

Read more about the statewide businesses, nonprofits and universities making important advances in life sciences research and application.

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Video Spotlight

Sector Spotlight: Life Sciences

See how Louisiana’s expanding Life Sciences sector strengthens the economic vibrancy of the state and the health of people around the world.

 

Infectious Disease Infrastructure

Susanna Lamers uses “part biology, part computational science, part statistical analysis” to investigate viruses like COVID-19.

Tissue Engineering

Dr. Trivia Frazier’s Obatala Sciences in New Orleans is advancing research in obesity and diabetes.

Innovative Life Sciences Incentives

Louisiana’s leading-edge incentive package has advanced groundbreaking life sciences work. In particular, the Research and Development Tax Credit covers up to 30% of qualified expenses, such as wages, supplies and contract research costs.

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Research and Development Tax Credit

A tax credit up to 30% to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.

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Louisiana Innovation Retention Program

Provides supplementary state support for research-focused Louisiana small businesses that have previously received a federal Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) grant.

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Success Stories

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