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The biotechnology sector in British Columbia comprises over 90 private sector firms, as well as a number of research centres located at government institutions, universities, teaching hospitals, and technical colleges, the majority of which are located in Vancouver.
Profile
British Columbia's approximately 90 biotechnology companies comprise the fastest growing biotech community in Canada, and the seventh-largest biotech cluster in North America, accounting for almost a quarter of biotech R&D spending in the country. More.
Current Performance
The 16 public companies in British Columbia have a market value of just over $5 billion, reflecting the strength of QLT and Angiotech within the Canadian industry. BC companies have historically outperformed the industry’s relative size within Canada. More.
Vancouver's Strengths
The Vancouver region has the largest cluster of life science businesses in British Columbia. More.
Infrastructure
Vancouver's biotech cluster is supported by an excellent publicly funded research and innovation infrastructure. More.
Forecast
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Related Reports and Studies
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