PEI-based bioscience companies manufacture diagnostic kits, drugs and other health products used in the treatment of diseases. Their work impacts the fight against cancer and the development of fish vaccines and specialty oils used as additives in foods and personal care products. The PEI BioAlliance is a cluster of over 30 of these companies, academic research institutes and government partners dedicated to building the bioscience industry in Prince Edward Island. Through collaborative efforts between these groups, the PEI BioAlliance has seen tremendous growth in region, resulting in a tripling of the numbers of companies, a doubling of the number of jobs in the sector (to over 800) and a doubling of company revenues (to over $90 million per year).
The PEI BioAlliance has also been a resource for start-up companies and local programs and services. Over the past six years, the PEI BioAlliance has tapped into the national and international bioscience scene, attracting researchers and businesses pursuing new opportunities. PEI’s bioscience companies are well-integrated into the Island economy, many of which operating out of world-class facilities including those at the National Research Council Institute for Nutrisciences and Health at the UPEI campus – one of many points of leverage for the PEI BioAlliance.
Business Review Canada offers daily updates on the different business sectors within the Canadian market. Once a month, the brand releases its digital magazine highlighting the top stories, including interviews with the major players, from around the industry. Business Review Canada also recognizes associations like the Prince Edward Island BioAlliance who are influencing Canadian business on the regional, national and international levels.
To learn more about the Prince Edward Island BioAlliance, please visit Business Review Canada here : http://www.businessreviewcanada.ca/
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