The Biotech City: your north american gateway to biosuccess
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The Biotech City: your north american gateway to biosuccess

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The Biotech City is a biopharmaceutical and life sciences cluster in Greater Montreal, located near an international airport and subway network. The life sciences sector in Laval is comprised of more ...

The Biotech City is a biopharmaceutical and life sciences cluster in Greater Montreal, located near an international airport and subway network. The life sciences sector in Laval is comprised of more than 90 companies and institutions, many of which are leaders in Canada’s science economy and which employ some 5,000 people within a four-kilometre radius

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The Biotech City: your north american gateway to biosuccess The Biotech City: your north american gateway to biosuccess Document Transcript

  • MONTREAL-TRUDEAU (YUL) MONTREAL-MIRABEL FREIGHT (YMX) LAVAL MONTREAL THE BIOTECH CITY YOUR NORTH AMERICAN GATEWAY TO BIOSUCCESS Boston 1h 15min Toronto 1h 10min New York 1h 25min San Francisco 6h 25min London 6h 45min Paris 6h 50min jobs companies institutes and organizations in investments from 2001 to 2013 5 000 86 11 More than $3B A BUSINESS AND SCIENCE CENTRE
  • PRODUCTION C LINICAL TRIAL S RENTAL SPACE INCUBATOR PRE-CLINICAL DEVELOPMENT DEVELOPMENT PROPERTIES RESEARCH INSTITUTES DISCOVERY CENTRE NATIONAL DE BIOLOGIE EXPÉRIMENTALE (CNBE) INRS-INSTITUT ARMAND-FRAPPIER QUEBEC BIOTECHNOLOGY INNOVATION CENTRE (QBIC) THE BIOTECH CITY ALL DEVELOPMENT PHASES: ONE SITE
  • Montreal (QC) Boston (MA) Chicago (IL) Frankfurt (GER) London (EN) San Diego (CA) San Francisco (CA) Toronto (ON) 20 40 60 80 100 120 THE QUEBEC ADVANTAGE Operating costs among the lowest of the G8 Given its affordable labour, capital and operating costs, Quebec is one of the most attractive locations in the world for biopharmaceutical development, drug manufacturing and clinical trials. PHARMA MANUFACTURING BIOMEDICAL R&D CLINICAL TRIALS Quebec’s generous tax and R&D incentives The net cost of a $100 expenditure on R&D can be as low as $50. The tax credit is refundable during the R&D process. Foreign researchers and experts may qualify for a five-year provincial income tax exemption. At 26.9%, corporate income tax in Quebec is one of the lowest in North America. An innovation-based economy Quebec offers biopharmaceutical corporations a 27.5% tax credit rate for R&D salaries. At the heart of the Canadian healthcare industry Nearly half of Canada’s healthcare companies and the majority of the country’s basic and clinical research activities are concentrated in the Montreal region. A highly qualified pool of talent • 400 companies and 25,000 employees in life sciences industry • 10,000 researchers in public biomedical research centres • 5,000 graduates each year in biopharmaceutical-related programs Source: Investissement Québec, September 2013 AVERAGEANNUALOPERATINGCOSTS View slide
  • ContractResearchOrganizations(CRO) Pharmaceutical InformationTechnology Biotechnology ResearchCentres/Organizations Consulting/Service/Distribution MedicalDevicesandResearch Nutraceuticalandcosmeceutical 9% 7% 12% 11% 20% 19% 5% 17% THE BIOTECH CITY THE DIVERSITY OF LIFE SCIENCES The Biotech City is a biopharmaceutical and life sciences cluster in Greater Montreal, located near an international airport and subway network. The life sciences sector in Laval is comprised of more than 90 companies and institutions, many of which are leaders in Canada’s science economy and which employ some 5,000 people within a four-kilometre radius. The hub is made up of companies specializing in biotechnology, pharmaceuticals, medical equipment, CROs and information technology. The Biotech City is also home to an integrated life sciences technology park built around two research institutes, a business incubator, laboratory facilities and development lots. The Biotech City helps drive the life sciences industry • Promotes networking among businesses, investors, research institutes and government agencies • Organizes and participates in biopharmaceutical sector events • Represents the life sciences sector on a local and international level The Biotech City will support you in your implementation project • Assistance in finding lots, sites and facilities • Guidance and support through all administrative steps • International mobility expertise 1555 Chomedey Blvd., Suite 100 Laval, Quebec H7V 3Z1 CANADA Telephone: 450-978-5066 | Fax: 450-978-5970 info@citebiotech.com | www.citebiotech.com Partners A POLE OF View slide