Sep 21, 2018

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BIOTECanada Magazine

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Article, BIOTECanada, Novateur, life sciences, biotechnology

Life Sciences Start-Ups Work Diligently to Overcome Challenges

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Unprecedented opportunity for exciting new life sciences discoveries is fuelling worldwide industry growth, including a small but growing Canadian contingent of start-ups. BIOTECanada's 2018 Biotechnology Industry Data Survey of more than 200 corporate respondents revealed that 47 per cent of biotechnology companies in Canada had ten or more employees, including 20 per cent with 25 or more in 2017, and that those numbers are expected to escalate to 77 per cent, and 43 per cent, respectively, by 2021.

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