Ontario’s Bioscience Industry – Transl...

The Ontario Bioscience Industry Organization (OBIO) works to advance the development and growth of a sustainable, commercially – driven, life sciences industry in Ontario. OBIO is a private sector, membership-based organization representing Ontario’s human-health bioscience industry. Key among Ontario’s bioscience strengths are a pipeline of high value, early stage intellectual property and start-up...

Leveraging the $7 Million Fund – Designated ...

During the fall of 2009, with Ontario’s bioscience industry fighting for survival due to an inability to raise capital in the midst of a world-wide economic crisis, OBIO mobilized industry CEOs to take action. With a sense of urgency derived from the need for a plan to ensure the survival of the industry, OBIO organized its first province-wide consultation process ultimately generating a set of recommendations for industry...

Q1 2010 Canadian Healthcare Review...

Financing Public Canadian healthcare companies completed equity and convertible debt financings during this quarter for total gross proceeds of $236.0 million (Appendix 1). The largest financing in the sector was the only financing in the Services group, $86.3 million by Extendicare. The largest financing in the Therapeutics group was $34.5 million from a rights offering by Wex Pharmaceuticals, with 97.6% of the shares being...

OBIO Releases Biotechnology Industry Consultation ...

OBIO Biotechnology Industry Consultation Report November 2009 (Download PDF / View Online) Executive Summary The Ontario government has recognized the importance of the emerging knowledge economy to the province’s future prosperity. The biotechnology industry is an important part of a knowledge economy. The confluence of external and internal factors has converged to create an unprecedented crisis in this sector. The...

The Canadian Blueprint: Beyond Moose and Mountains...

Biotechnology is creating products and processes that improve our quality of life. Just as importantly, biotechnology is also creating high-quality jobs for Canadians in every part of the country; rewarding, knowledge economy jobs. No matter where we live, we all have a stake in the bio-based economy. The “Canadian Blueprint” is a strategy that will enable us to take full advantage of all the opportunities biotechnology...