The two companies intend to negotiate and enter into a master agreement.
Did you know?
Total Industry Revenue
The total industry revenue for the bioscience industry in 2016 was estimated to be over $2.5 Billion. Manitoba's bioscience sector is a broad and diverse sector with businesses working in the areas of biohealth, ag biotech and industrial (cleantech) biotech.
Manitoba’s bioscience sector contributes significantly to the Manitoba economy through its high share of exports. 82% of its $2.5B in annual revenues are exports, directly increasing Manitoba’s GDP.
Jobs in Bioscience
Jobs in bioscience create significant opportunities for Manitoba. Current estimates show that there are more than 5,600 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 Functional Foods and Nutraceuticals.
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.
At BAM, We're here for you...
Our mission is to enable commercial success for Manitoba’s bioscience companies by acting as a catalyst for innovation, by expanding the sector’s skills and workforce development, and by leading with one unified voice to create local and global engagement. Our focus is on attentive, proactive and timely services and programs to over 100-member organizations and the sector at large. We constantly strive to understand the services and initiatives you, the members’, value most, and then create partnerships and programs to deliver those services.