Mark Lowey

Canada’s life sciences industry needs anchor firms to create world-class clusters: report

Mark Lowey
January 10, 2024

Canada’s life sciences sector needs to grow as many anchor firms as possible to create world-class, sustainable industrial clusters, according to a report by the adMare Institute.

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Other stories mentioning these organizations, people and topics
Organizations: AbCellera Biologics, adMare BioInnovations, adMare Institute, Aegerion Pharma, Allelix Bio Pharmaceuticals, Bellus Health, BioChem Pharma, BioVectra, CellCarta Biosciences, Eidos, Electronic Arts, Epic Games, Genzyme, Government of British Columbia, Government of Canada, Government of Ontario, Government of Quebec, GSK, HEC Montreal, Inversago Pharma, New South Wales government, Novartis, Novelion Therapeutics, Novo-Nordisk, NPS Pharma, NSW Innovation and Productivity Council, Ontario Biosciences, Pfizer, Quadra Logic Technologies, Shire Pharmaceuticals, Stemcell Technologies, Ubiosoft Montreal Studio, Ubisoft Entertainment Inc, and Warner
People: Gail Garland, Gordon McCauley, and Michael Porter
Topics: 2023 Fall Economic Statement, acquisition of Canadian life sciences companies, B.C.'s Life Sciences and Biomanufacturing Strategy, BC Innovation Framework, benefits of having anchor firms, Canada pension funds investment in life sciences, Canada's life sciences sector, Canada's R&D pharmaceutical sector, Canada's telecom industry, capital formation and mobility, commercializing university research, contribution of Canada's health and bioindustry to Canada's GDP, domestic venture capital, evolution of small local ecosystems, federal Biomanufacturing and Life Sciences Strategy, importance of anchor firms in clusters, innovation ecosystems vs. clusters, intellectual property development, knowledge and technology outputs, market-driven activity and clusters, Montreal's gaming industry, need for anchor firms in Canada's life sciences sector, need for right mindset to establish anchor firms, provincial life sciences strategies, Quebec Research and Innovation Strategy (SQRI), research and talent, role of clusters in economic development, Strategic Innovation Fund, Strategic Science Fund, and talent attraction and mobility

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