In your state
Louisiana

In the development of new medicines, clinical trials are conducted to prove therapeutic safety and effectiveness and compile the evidence needed for the Food and Drug Administration (FDA) to approve treatments. And the biopharmaceutical sector is committed to bringing new treatments and cures to patients. This commitment to innovation supports high-quality jobs and is a vital part of every state’s economy and our global economic competitiveness.

Economic Impact In Your State: Louisiana

$5.2B

Total output supported by biopharmaceutical sector

$256M

Tax Revenue Generated

18,025

Total Jobs

3,020

Direct Jobs

Clinical Trials in Your State: Louisiana

516

TOTAL CLINICAL TRIALS

$199.9 million

INVESTED IN CLINICAL TRIALS

12,591

TOTAL ECONOMIC IMPACT OF CLINICAL TRIAL INVESTMENTS

$502.6 million

INVESTED IN CLINICAL TRIALS

Programs and Initiatives in Your State: Louisiana


State programs and initiatives to promote biopharmaceutical industry development

    ACCELERATING INNOVATION, COMMERCIALIZATION & ENTREPRENEURIAL DEVELOPMENT

    BUILDING RESEARCH CAPACITY AND/OR R&D INFRASTRUCTURE

    ECONOMIC INNOVATION INCENTIVES

    STEM EDUCATION & WORKFORCE DEVELOPMENT

    VENTURE FINANCING

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