Cutting-Edge Life Sciences

Canada’s thriving life sciences industry includes world-class research institutions, business incubators and healthcare institutions. It’s a big draw for global companies that have invested more than $4.8 billion in Canada’s life sciences industry since 2017.

Industry Spotlight

Canadian life sciences include research, development and manufacturing of medical devices, diagnostics, natural health products, and pharmaceuticals and biopharmaceuticals, such as vaccines.

Canada’s biotechnology sector is constantly pushing back the frontiers of knowledge. The economic benefits to Canadians from the industry are immense and a key driver of the country’s economy.

7th in the world on the 2021 Nature Index Source: Nature Index

5.3% growth in pharmaceutical and medicine manufacturing in 2021 Source: Canada Real GDP by Industry

12,000 businesses in Canada’s bio-economy in 2019 Source: BioTalent Canada

200,000 jobs in 2019 Source: BioTalent Canada

$4.8 billion in investments since 2017 Source: fDi Markets and PitchBook
Retrieved: May 24, 2022

1,579 estimated new jobs in 2021 Source: fDi Markets and PitchBook
Retrieved: May 24, 2022

WHO’S WHO: 2021 life sciences investments in Canada

Together with our partners, Invest in Canada facilitated projects with global companies in Canadian life sciences in 2021. Here’s a sampling of investments that created over 800 announced jobs in the industry.

What’s Happening: Life sciences & pharmaceuticals

Canada’s pharmaceutical industry is helping to drive our success as a global life sciences hub. The following R&D players are part of Canada’s thriving research ecosystem:

Invest in Canada – FDI Report 2021
Invest in Canada’s FDI Report 2021 highlights how foreign direct investment reached a 15-year high last year, creating new jobs, a greener future and sustainable growth. http://ow.ly/ZPUc50JxtNj
http://ow.ly/7GUJ50JxuaJ
FDI Report 2021 by @invest_canada highlights how foreign direct investment reached a 15-year high in 2021, creating new jobs, a greener future and sustainable growth. http://ow.ly/ZPUc50JxtNj
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