BRF’s economic development efforts are focused in three main areas: starting new businesses, recruiting new businesses and retaining current businesses. In 1995, BRF started the Center for Molecular Imaging and Therapy (CMIT), then known as the PET Imaging Center. CMIT specializes in the production and distribution of radiopharmaceuticals, participation in technologically advanced clinical trials, and assisting scientists by providing unique research capabilities.
In 2019, CMIT embarked on a three-year, $19.5 million initiative that will consolidate all CMIT activities from three facilities to one and promote economic development through jobs and a robust research program. Through generous gifts and donations, BRF has secured over half of the remaining $4.8 million needed to complete the project.
The new CMIT is located at the corner of Kings Highway and Mansfield Road, a hub of BRF’s InterTech Science Park, which covers 800 acres in central Shreveport and works to acquire and improve undeveloped and Brownfield properties.
“It’s going to be a beautiful building,” BRF President and CEO Dr. John F. George, Jr. said. “When you come in from the west on I-20, it’s going to be one of the first things you’re going to see. Hopefully, it will give a new look to Shreveport. We’re going to try to improve that whole area.”
Learn more about the new CMIT at thenewcmit.org.