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Ontario - The Future of Canada’s Biotech Industry
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More than half the country's brand-name pharmaceutical
and medical devices industries, and almost half the medical biotechnology
industry are located in Ontario.
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Ontario is North America's 3rd largest regional
concentration of biotechnology firms and the 6th largest in revenues
earned.
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The province's bio-medical sector employs more than
33,000 highly educated people and posted more than $1.0 billion in
revenues in 2002.
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The biotechnology sector is built on world-class science
and is involved in leading edge research in molecular biology and medical
genetics.
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Ontario's pharmaceutical sector employs more than
15,000 talented people and includes global giants like GlaxoSmithKline,
Amgen, Biogen, Genzyme, Eli Lilly, Pfizer and home-grown stars like
Biovail Corporation, Apotex, and Patheon.
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Ontario has achieved worldwide recognition as a site
for clinical trials because of its large and ethnically diverse patient
population and a centrally managed public health-care system.
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Ontario's medical devices sector employs more than
19,000 highly educated people and comprises more than 500 manufacturing
companies that include global subsidiaries as well as niche-driven
domestic companies.
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Ontario's agricultural-biotech / bioproducts sector
employs more than 6,000 people, including 700 scientists and invests $166
million annually in agricultural-food research at 12 world-class
institutions.
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This sector works closely with the manufacturing sector
in the production of bio-chemicals and bio-fuels.
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Ontario ranks in the top three jurisdictions in North
America in terms of workforce and R&D expenditures in the
agricultural-biotechnology sector.
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