Indianapolis Business Journal's Indiana Power Breakfast
Navigant’s Colleen Hittle spoke at the Indianapolis Business Journal’s Indiana Power Breakfast on the state of the life sciences industry in Indiana. She discussed how the shortage of talent and capital are affecting the life sciences industry in Indiana. The reasons for these shortages vary from the allure other cities and states, the salary differences from city to city, and the market saturation of similar firms.
Hittle also provided solutions to tackle these seemingly stagnant issues. While there isn’t much Indiana can do about attracting talent away from California, they are planning a real estate development of labs, housing, and retail businesses to jumpstart the industry. This combined with large research institutes should give Indiana the push it needs to be a strong contender in the life sciences industry.