During his remarks at the opening of the
Parliamentary Secretary Lake will also take part in the BIOTECanada Gold Leaf Awards ceremony, which recognizes Canadian excellence in the life sciences.
Quick facts --
Canada'slife sciences industry contributed more than 65,000 jobs and $40 billionto Canada'seconomy in 2010. -- The Canadian pharmaceutical sector has a range of players, including firms that have grown in Canadaas well as global companies, involved in developing and manufacturing diagnostics tools, drugs and vaccines. -- Canadais recognized around the world for its strength in health research and expertise in clinical trials. Our biopharmaceutical small and medium-sized enterprises make up one of the larger R&D product pipelines in the world. Canadaalso has comparative advantages in manufacturing, with emerging capabilities in specialty processes. -- Canada'sworld-class health research institutions and research networks are integral partners in knowledge translation. Many global biotech players have significant investments in Canadaas well as strategic partnerships with our researchers and companies. -- Through Economic Action Plan 2013, the $200-million Advanced Manufacturing Fundwas created to encourage the establishment of innovative, first-in-class facilities in Canada. This will apply significantly to the life sciences. -- Canada'seconomy is widely recognized as one of the world's strongest. For the past decade, Canadahas led the G7 in economic growth. For the sixth consecutive year, the World Economic Forumhas declared our banking system the soundest in the world. -- The government is making renewed investments in many national Centres of Excellence (such as the Centre for Drug Research and Developmentin Vancouverand the Quebec Consortium for Drug Discoveryin Montreal) and providing support for a new research-industry partnership program at Genome Canada. These programs help turn our incredible innovative capacity into medicines benefiting patients.
"Our government's top priority is creating jobs and economic growth. Investment in
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FOR FURTHER INFORMATION PLEASE CONTACT:
Jake EnwrightPress Secretary Office of the Minister of Industry613-995-9001 Media Relations Industry Canada613-943-2502 email@example.com Source: Industry Canada