Bio technology cluster toronto

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Bio technology cluster toronto

  1. 1. Bio-Technology Cluster Toronto<br />By: Leo Chow<br />
  2. 2. Cluster Definition <br />A business cluster is concentrated of interconnect business, suppliers, and associated institutions in a particular field. <br />The main purpose of clusters are to increase productivity with which companies can compete, nationally and globally. <br />
  3. 3. Biotech Cluster In Toronto<br />Toronto is Canada’s largest biotech cluster, fourth largest in North America and among the top 10 in the world<br />Researchers in Toronto are world-known for their strength in genomics, proteomics and bioinformatics<br />
  4. 4. Biotech Facts<br />More than 100 medical / biotech companies<br />Nine Toronto teaching hospitals and more than 30 specialized institutions receive over $400 million annually to conduct advanced world-leading research<br />More than half of Canada’s pharmaceutical companies, as well as 80% of generic drug manufactures are in Toronto<br />
  5. 5. Growing biotech cluster<br />Premier of Ontario, Dalton McGuinty, going to Israel and the West Bank to promote Ontario’s innovative life sciences company. <br />
  6. 6. Growing Biotech Cluster (Cont’d)<br />Emerging clusters between Toronto and Vancouver <br />Saskatoon tops in KPMC ranking (second most competitive with populations of one million people or fewer<br />Biotechnology companies get the benefits of government and universities supports<br />
  7. 7. Canada gets a D in Innovation<br />Rank 14th among 17 industrialized nations for its ability to turn knowledge into money-making products and services<br />Canada has fallen behind due to a complicated and slow regulatory process , and a reluctance of domestic companies to buy products developed in Canada<br />
  8. 8. Biotech V.I.P<br />Dr. Calvin Stiller - a professor at University of Western Ontario<br />Helped built medical science and develop medical technology into the Canada industry! <br />
  9. 9. Major Players in Research and Pharmaceutical <br />University of Toronto medical school is Canada’s largest<br />Samuel Lunenfeld Research Institute - Canada’s largest centre for genetics research<br />The Hospital for Sick Children<br />Apotex and Novopharm<br />
  10. 10. Supporting Systems<br />MaRS Discover Centre <br />Centre for Cellular and Bimolecular Research<br />Not for profit Toronto Biotechnology Initiative <br />

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