Seven Oaks Capital Corp.is pleased to announce that it has entered into a binding letter agreement dated January 29, 2023 (the "Definitive Agreement") with Rimon Hedge Funds Ltd.
Did you know?
Total Industry Revenue
The total industry revenue for the bioscience industry in 2021 was estimated to be $9.9 billion. Manitoba's bioscience sector is a broad and diverse sector with businesses working in the areas of health biotech, ag-biotech, and clean biotech.
The bioscience industry contributes over $5.2 billion in direct provincial GDP, making the bioscience industry one of the province's top major industries with respect to Direct GDP Contribution.
Jobs in Bioscience
Jobs in bioscience create significant opportunities for Manitoba. Current estimates show that there are more than 14,300 full-time equivalents (FTE) working in Manitoba’s bioscience sector.
The Industry in Manitoba
Winnipeg is a remarkable centre of discovery. When you delve into synergies among biotechnology, agriculture and biosciences, you’ll understand why. Winnipeg is home to the Canadian Science Centre for Human and Animal Health, the only Level 4 bio-containment lab in the country. We’re also host to the Chronic Disease Innovation Centre, the Canadian Centre for Agri-food Research in Health and Medicine, and the Richardson Centre for Food Technology and Research.
Winnipeg is the leading pharmaceutical manufacturing centre in Western Canada, and it’s also home to major informatics research organizations actively supporting e-health and data analytics.
All of this cost-effective innovation is built on a solid foundation comprised of the University of Manitoba, over 30 additional R&D institutions and a growing number of private-sector firms.
Manitoba remains one of the largest agricultural bioscience bases in Canada and there is vast potential to grow the sector here.