The Charleston Regional Development Alliance knows it wants to see the Lowcountry to grow a life sciences sector. Now it’s trying to figure out just how to do that.
The agency hired a consultant in July to draw up a plan to develop the industry locally. Kathy Phlegar, who runs a consulting firm in Mount Pleasant, has until December to recommend what corners of the sector the region should go after and what companies economic development officials should look to lure here. The contract cost $54,600, spokeswoman Claire Gibbons said.
The region has a foothold in the world of developing medicines, medical devices and technology aimed at health care providers: The Medical University of South Carolina is spinning off more startups, the S.C. Research Authority has a big presence in Summerville and new initiatives like the Harbor Entrepreneur Center‘s PriMedaccelerator are cropping up to support young companies in the industry.
Learn more about Charleston’ Life Sciences sector here.