OBEST Teams Announced at OBIO 2011 AGM...

OBIO 2011 AGM OBIO’s AGM launched the Implementation of OBEST (Ontario Bioscience Economic Strategy Team) – industry’s plan to build a sustainable and commercial bioscience industry. Implementation Team Co-Chairs are leading teams of committed stakeholders advancing projects to help Ontario companies grow; create jobs and commercialize products. Vera Belaoussoff (verabelaoussoff@obio.ca), OBEST Project...

Bioscience Industry Leaders Discuss Issues That Ma...

On May 31, 2011 OBIO together with event sponsors, Sanofi, Torys, BDC and PWC hosted the Second Annual Quebec/Ontario Bioscience CEO dinner. The tradition started in 2010, to provide bioscience industry leadership with a unique opportunity to connect and discuss industry issues in a relaxed interacitve setting while enjoying a fine meal and refreshments. Building on last year’s positive word of mouth, the 2011 event was...

CEO-LED ADVOCACY WINS $3-MILLION FINANCING...

NEWS RELEASE CEO-LED ADVOCACY WINS $3-MILLION FINANCING FOR EXPORT-FOCUSED ONTARIO BIOSCIENCE COMPANIES New treatments and technologies for common diseases have global market potential TORONTO (July 27) – Four Ontario bioscience companies engaged in the development of groundbreaking new drug therapies and a diagnostic screening technology have each been awarded up to $1 million in financing to fund clinical trials and...

The Best Laid Plans – How OBIO™ is loo...

Innovation and Bioscience go hand and hand. It is a symbiotic relationship – both depend on one another. Yet, for Ontario, a province teeming with groundbreaking initiatives in the bioscience field, there is something missing. A broken link between this would-be flourishing industry and reality. True, the recession of 2008 to 2009 hit the industry hard, but the seeds of insufficiency were planted far earlier. For most...

Sustainability and Growth in 2011 and beyond...

Ontario Bioscience Industry Generated Recommendations for Sustainability and Growth in 2011 and beyond The 2010 OBIO Survey speaks to the persistence of challenges in accessing capital and impediments to accessing both funding and markets. The survey serves as a scorecard for existing government programs and as an important source of industry-led ideas for supporting the growth and commercial potential of Ontario’s...

Economic strategy team tackles challenges facing t...

NEWS RELEASE: Economic strategy team tackles challenges facing the future of Ontario health-science companies Once the world’s third largest biotechnology cluster, province’s bioscience sector now struggles for survival. Industry leaders map out evergreen strategy for sustainability TORONTO, November 10 – Thought leaders from every facet of Ontario’s health-science sector and all regions of the province, working...

CEOs Speak Out About Issues Affecting Their Abilit...

By Gail Garland In the summer of 2009, the CEOs of Ontario’s SME bioscience companies came together at the open invitation of Ontario Bioscience Industry Organization (OBIO) for a meeting hosted in Gowlings Toronto boardroom. On the agenda was a discussion of the future of Ontario’s bioscience industry and its unprecedented lack of access to capital, a worsening situation threatening the sustainability of the...

Discussion Notes: Quebec/Ontario Bioscience CEO Di...

What Quebec/Ontario Government funded programs are most effective? First and foremost, as entrepreneurs our duty is to create shareholder wealth with products and services the marketplace demands.  This cannot be substituted with or diverted by any government funding program. Quebec:  Tax holidays for key employees; tax exemption for new products developed in Quebec Quebec’s SR&ED tax credit regime is a...

Funding Opportunities in 2009-2010 for Bioscience ...

Funding Opportunities in 2009-2010 for Bioscience Companies:  What CEOs Need to Know About Ontario’s ETF and BIP Programs.  This OBIO event was held on Sept. 11, 2009 in Mississauga. The panel presentations are archived within the “Ministry of Research and Innovation” folder at:   http://hosting.epresence.tv/UTM/1/Page/Published/99.aspx Click on the “OBIO – OETF Launch Panel” event.  Password:...