Video Transcript
Life Sciences 101 – How the Life Sciences benefit Hoosiers
A young man wearing a casual jacket and tie enters the screen, speaking
"Just what are the life sciences? Well, it certainly includes doctors, and medicine, and patients... all the things you're probably familiar with. But the term 'life sciences' really applies to the research and development that leads to new medical practices and the business growth that comes from getting those practices into the hands of doctors. When it's done right, a kind of cycle begins..."
He draws a cicle in the air
"A life sciences economy develops — where new ideas deliver better health care, fuel new business activity, and create jobs, right here in Indiana."
He pauses
"Let's see... Maybe I can explain it this way: The most important thing you need in any cutting edge development is..."
He reaches into his pocket and places a dollar sign on the screen
"Money. That new capital can be used to invest in talented people — doctors, biologists, geneticists, physicists — people who can come up with..."
A light bulb appears next to the dollar sign
"Great ideas. Everybody loves ideas, right? But, will they work? Well, great ideas often need to be tested. So, money can also be used to conduct..."
A microscope appears next to the light bulb
"Research. Now, life sciences research can be pretty intense... requiring a lot of specialized people and equipment. But, if we give it enough time, research ultimately proves which ideas will become the best new..."
A new image of equipment and medicine appears next to the microscope
"Products and procedures... I'd love to see what that one does... Anyway, new products always create a lot of interest. Especially by people looking to generate..."
A graphic in the shape of Indiana showing a rising stock value appears next to the medical products
"Business growth in Indiana. Companies that will refine these products, manufacture them, and sell them. Along the way, they have to build factories, offices, and create jobs... high paying jobs."
He pauses
"But, that's not all. The most important thing about an especially successful life sciences business is better health care for you and me, and more..."He draws a line on the screen, connecting the Indiana graphic to the dollar sign
"Money is made. Money that can be used to create new ideas..."
He points to the light bulb
"Which leads to more research..."
He points to the microscope
"And better products."
He points to the medical products
"Well, you get the picture... The really cool thing is: This cycle feeds on itself, and keeps on going once all these pieces are in place."
He pushes one of the graphics and the circle of images begins to spin
Indiana University plays a major role in the life sciences cycle. So you can imagine that we think investing in it is a great opportunity. It's an opportunity to improve health care and create a stronger Indiana economy.
He opens his hands and the circle of images slows down until it stops spinning
In fact, IU is involved in every one of these steps... So, now you know what it means when we say, 'Indiana University is turning breakthroughs into business'."
