Government recently squandered opportunity to take giant leap forward in battle against AIDS
The development of bio-technology products requires substantial capital investment on timescales of up to a decade. This means that investors in the sector seek stable business conditions and long-term, predictable government policy. The current federal government boasts of being a “strong stable majority” government, but its record on stable policies to nurture growth in […]
Ontario, Quebec bring trade cooperation to shared life sciences industry
Ontario and Quebec are looking to raise the international profile of their combined life sciences industries, but their plan’s success will be measured by its ability to spur investment. Earlier this summer, the provinces announced the Québec-Ontario Life Sciences Corridor on the eve of the Biotechnology Industry Organization’s international convention in Washington D.C., which […]
Feds urged to show stronger leadership on biotech
It’s been four years since the government introduced its Science and Technology Strategy, and industry insiders say it’s time for the federal government to show renewed leadership in making Canada a world leader in biotechnology. Soon after forming government in 2006, the Conservatives scrapped the Canadian Biotechnology Advisory Committee, which advised the government and […]
Private investment in Canada’s biotech sector hits a 10-year low
Canada’s biotechnology sector is hard up for capital, and insiders are calling on the government and the industry to get creative when it comes to attracting investment. According to an industry assessment published by Ernst & Young earlier this summer, private investment in Canada’s biotechnology sector hit a 10-year low in 2010. The report […]
