HARNESSING INNOVATION
Canuck executives endeavor to build Canada’s bio-entrepreneurial culture . . . one success at a time
Bio-entrepreneurialism. It’s quite a mouthful. By definition, it means the art or the endeavor of organizing,managing, and assuming the risks of a science- or biotechnology-based business or enterprise.
“Commercializing R&D is not for the faint of heart, the impatient or the poor,” Dr. Jacques Simoneau, Executive Vice President, Investments, Business Development Bank of Canada (BDC) said in a May 2008 speech to the House of Commons Standing Committee on Industry, Science and Technology. “Turning an idea into a successful company is very risky, complex and expensive. It takes patience, specialized knowledge, superior management skills and lots of money.”
|
|
Canada’s biotech enviroment – Our experts weigh in
To get a handle on the state of the current biotechnology industry in Canada, Bio Business consulted several company and association leaders to gain their unique perspectives. Below, our panel discusses everything from the lack of funding in the Canadian industry and the current tax environment, to human resources and talent issues most affecting their businesses.
|
|
|
|
|
 Canadian-Chaired Group Releases Critical Study of IP Laws
A new study released by an international coalition of experts calls upon governments across the world to consider a massive restructuring of intellectual property laws.
The report was released in September by members of the International Expert Group on Biotechnology, Innovation and IP, a group chaired by McGill University’s Prof. Richard Gold.
|
|
|
|
Expenditures in Higher Education R&D Near $10 B
According to Stats Canada, spending on research and development in the higher education sector amounted to $9.6 billion for the fiscal year of 2006/2007. This includes money used in affiliated research hospitals, experimental stations and clinics.
|
|
|
Canada Painfully Slow at Adopting Modern Medical Technology, Report Says
 A new study by independent research organization the Fraser Institute says Canada is painfully slow in adopting new medical technologies which could provide faster and more efficient identification and treatment of disease.
|
|
