BIOTECanada welcomed the federal budget’s focus on advancing Canada’s life sciences sector through investment and regulatory modernization. As Canada navigates a challenging global economy, the industry stands as a key driver of sustainable growth, high-value employment, and long-term economic resilience. “Prioritizing the life sciences sector as a specific directive for the $1-billion Venture Capital Catalyst … Read more
The Canadian biotechnology sector welcomed the federal budget which highlighted investment, research, and regulatory performance in its commitments. “By reinvesting $200 million in the Venture Capital Catalyst Initiative, the initiative to bring pension fund investment capital into Canada’s innovation sectors, along with the SR&ED and patent box consultations, suggests the government is building on the … Read more
BIOTECanada welcomes the government’s dedicated investment of $1.5-billion over three years to advance effective access to medicines, improve evidence and decisions for the care of patients with rare diseases. “[The March 22] announcement is an important initial step which sends a strong message to investors and researchers of Canada’s commitment to addressing the need of patients globally,” said Andrew Casey, … Read more
BIOTECanada issued a statement: “BIOTECanada recognizes the announcement from Health Minister Jean-Yves Duclos (Québec, Que.) on the government’s decision to move forward with select regulatory changes governing the prices of medicines in Canada,” reads the statement. “The industry welcomes the opportunity to build on the constructive relationship it has established with the government in support of the … Read more
Canada’s biotech industry congratulates new and returning federal cabinet ministers in this 44th Parliament. The government recognizes the importance of continuing to solve for COVID-19, prepare for future similar challenges and has accordingly identified a robust and diverse biotech industry and corresponding biomanufacturing capacity as priorities over the immediate period ahead. There remains a need for ambitious government-industry partnerships … Read more
BIOTECanada congratulates Prime Minister Justin Trudeau (Papineau, Que.) and his Liberal colleagues who will be the Members of Parliament who form the government for the 44th Parliament. With global issues including the climate crisis, food sustainability and human health needs, the biotechnology industry can play a central role in solving for the challenges while also delivering significant economic benefits, including … Read more
BIOTECanada issued a statement: “Today’s joint announcement of investment in expanding Sanofi’s capacity to manufacture vaccines and conduct research and development is a significant development for the Canadian life sciences ecosystem and Canada more broadly as it looks to prepare for future health crises and rebuild the economy following the COVID-19 pandemic,” reads the statement. “Sanofi, … Read more
HealthPartners, a Canadian collaboration of 16 of Canada’s most trusted health charities, announced a new partnership with BioTalent Canada to increase employee engagement options through workplace giving for Canadian biotechnology companies. BioTalent Canada, the HR partner for Canada’s largest network of biotechnology industry associations, assists its members and partners by performing labour market research and … Read more
Status of Women Minister Kellie Leitch (Simcoe-Grey, Ont.) announced a new project for BioTalent Canada to connect and advance women in biotechnology, classified as a “non-traditional” industry. The three year project will engage stakeholders to identify the challenges and needs on how best to assist women in entering the bio-economy and support local networks of women in … Read more
BIOTECanada celebrated the grand opening of the Vaccine and Infectious Disease Organization’s new International Vaccine Centre (InterVac). President and CEO of BIOTECanada Peter Brenders said biotechnology is opening new doors for manufacturing, health, forestry and energy production. Prime Minister Stephen Harper (Calgary Southwest, AB), Premier of Saskatchewan Brad Wall, industry leaders and the broader science … Read more
