Terms Used In Louisiana Revised Statutes 33:9039.64

  • Biosciences: means any of the branches of natural science dealing with the structure and behavior of living organisms, including but not limited to research, development, manufacture, testing, marketing and/or distribution of pharmaceuticals, biotechnology products, and medical devices that will eventually be used by healthcare providers to treat, cure, prevent, or mitigate disease or conditions. See Louisiana Revised Statutes 33:9039.65
  • District: means the BioDistrict New Orleans as further defined in La. See Louisiana Revised Statutes 33:9039.65

            The New Orleans medical and biosciences efforts employed approximately twenty-four thousand persons in 2004 with average salaries well above the state average and receives considerable federal research bioscience funding. The district is created for the purpose of:

            (1) Facilitating the creation of high paying jobs by assisting the biomedical institutions and employees in the district with development of bioscience facilities and programs.

            (2) Acting to acquire and develop real estate needed to grow the academic research institutions within the district.

            (3) Receiving public and private funds for such purpose.

            (4) Assisting with increasing research and training dollars for institutions within the district.

            (5) Receiving public and private funds for such purpose.

            (6) Assisting with increasing research dollars for health- related research and training.

            (7) Increasing basic and clinical research and the health and bioscience workforce.

            (8) Working to bridge commercialization opportunities from research developed within the district.

            (9) Enhancing interdisciplinary biosciences.

            (10) Acting as a link to private sector life sciences companies in the state, all with a view toward job growth in the district.

            Acts 2005, No. 487, §1, eff. July 12, 2005.