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State Seal Commonwealth of Kentucky Governor Ernie Fletcher’s Communications Office
Governor Ernie Fletcher Announces Formation of Life Sciences / Biosciences Consortium
Press Release Date:  July 12, 2004
Contact:  Doug Hogan
Jeannie Lausche
Jason Keller
502-564-2611
 

Frankfort, KY:  Governor Ernie Fletcher today announced the formation of an advisory group comprised of government, industry, and education representatives to develop an economic model to attract additional life sciences companies to Kentucky.  The primary goal of the Life Sciences / Biosciences Consortium will be to encourage the growth of life science and biotechnology jobs in the Commonwealth.

“My recent attendance at the BIO 2004 Conference in San Francisco inspired me to coordinate a group to develop a timeline and plan to attract life sciences and medical device entrepreneurs to Kentucky,” said Governor Fletcher.  “I am committed to attracting and retaining the highest quality biotechnical companies to our great commonwealth.  Today I am bringing together, for the first time, all of the stakeholders in this expanding area of job and economic growth.”

The governor also announced that creative incentive packages will be developed to enable Kentucky to compete with other states who are also trying to attract such businesses.  The consortium includes representatives from Kentucky’s research universities, the Council on Postsecondary Education and KCTCS. 

The objective of the consortium is to boost the development of the industry through technology transfer and commercialization of new ideas and discoveries.  In addition, the consortium will focus on attracting technology related venture capital to Kentucky.  This new initiative will capitalize on Kentucky’s existing expertise within the private sector, as well as the Office of the New Economy, the Cabinet for Economic Development, and the Commerce Cabinet.

   

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Last updated: Thursday, June 02, 2005