News Feed Item

Parliamentary Secretary Mike Lake Champions Canada at BIO 2014, North America's Largest Biotechnology Conference

SAN DIEGO, CALIFORNIA -- (Marketwired) -- 06/24/14 -- Industry Canada

Mike Lake, Parliamentary Secretary to the Minister of Industry, today took part in the 2014 BIO International Convention, the world's largest gathering of delegates from biotechnology and pharmaceutical firms and scientific leaders. The Canadian delegation, well over 900 strong, included representatives from about 80 companies from all regions of the country.

During his remarks at the opening of the Canada Place pavilion, Parliamentary Secretary Lake promoted pharmaceutical investment in Canada. He highlighted the many competitive advantages of investing in Canada, including high-quality research capabilities and partnership opportunities, as well as the lowest debt-to-GDP ratio and business operating costs in the G7.

Parliamentary Secretary Lake will also take part in the BIOTECanada Gold Leaf Awards ceremony, which recognizes Canadian excellence in the life sciences.

Quick facts

--  Canada's life sciences industry contributed more than 65,000 jobs and
    $40 billion to Canada's economy in 2010.
--  The Canadian pharmaceutical sector has a range of players, including
    firms that have grown in Canada as well as global companies, involved in
    developing and manufacturing diagnostics tools, drugs and vaccines.
--  Canada is recognized around the world for its strength in health
    research and expertise in clinical trials. Our biopharmaceutical small
    and medium-sized enterprises make up one of the larger R&D product
    pipelines in the world. Canada also has comparative advantages in
    manufacturing, with emerging capabilities in specialty processes.
--  Canada's world-class health research institutions and research networks
    are integral partners in knowledge translation. Many global biotech
    players have significant investments in Canada as well as strategic
    partnerships with our researchers and companies.
--  Through Economic Action Plan 2013, the $200-million Advanced
    Manufacturing Fund was created to encourage the establishment of
    innovative, first-in-class facilities in Canada. This will apply
    significantly to the life sciences.
--  Canada's economy is widely recognized as one of the world's strongest.
    For the past decade, Canada has led the G7 in economic growth. For the
    sixth consecutive year, the World Economic Forum has declared our
    banking system the soundest in the world.
--  The government is making renewed investments in many national Centres of
    Excellence (such as the Centre for Drug Research and Development in
    Vancouver and the Quebec Consortium for Drug Discovery in Montreal) and
    providing support for a new research-industry partnership program at
    Genome Canada. These programs help turn our incredible innovative
    capacity into medicines benefiting patients.


"Our government's top priority is creating jobs and economic growth. Investment in Canada's innovative life sciences network is an important part of that plan. The competition for countries to lead the bioeconomy is intense. That's why we have worked to position Canada as the best place in the world to do business. In my discussions with firms at the BIO International Convention, it became clear that we have a remarkable opportunity in Canada to attract investments and leverage our strengths in science, innovation and manufacturing. We have many competitive advantages, including a highly educated workforce, acknowledged strengths in scientific research and a sound business environment. Our companies are primed for success and competing globally."

- Mike Lake, Parliamentary Secretary to the Minister of Industry

Associated link

- Life Science Industries page on the Industry Canada site

Follow us on Twitter: @industrycanada

Jake Enwright
Press Secretary
Office of the Minister of Industry

Media Relations
Industry Canada
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: implemen...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
DXWorldEXPO LLC announced today that Dez Blanchfield joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Dez is a strategic leader in business and digital transformation with 25 years of experience in the IT and telecommunications industries developing strategies and implementing business initiatives. He has a breadth of expertise spanning technologies such as cloud computing, big data and analytics, cognitive computing, m...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...