Part of The Investment Attraction Series presented by

Spotlight on Investing in PEI’s Bioscience Sector

Published on June 15, 2021

Rory Francis / CEO - PEI BioAlliance

Dr. Russell Kerr / Research Fellow - Nautilus Biosciences CRODA

Dr. Rabin Bissessur / Interim Associate VP Research and Dean of Graduate Studies - University of Prince Edward Island

Deborah Dullen / Co-Founder and President - BioTraceIT

Multinationals and foreign companies are casting their eyes towards Prince Edward Island, attracted to the talent, business environment and academic institutions that are supporting the growth of its innovative and adaptable bioscience sector.

With over 60 companies operating within the bioscience industry between the shores of PEI, the sector is one of the province’s key value propositions to international investors far and wide. Through this Spotlight with four leaders from within this growing industry, we present to the top competitive advantages that enable biosciences in PEI to thrive.

Takeaways

Prince Edward Island has a long history of world-leading innovation in the biosciences due to high-quality talent and academic institutions that support the entry of skilled workers.
Charlottetown has strong regional and provincial relationships that create a strong network to support the growth of early-stage and high-growth companies in the biosciences sector.
Foreign investment has been growing in the PEI bioscience sector with many startups and small companies attracting and getting acquired by large multinationals.
Quality of life in Prince Edward Island is quite high, with affordable living and close proximity to nature, allowing companies to retain bioscience talent.

Watch or Read the Expert's Full Interviews

Growing Investments in PEI's Bioscience Sector Rory Francis CEO - PEI BioAlliance “We have a very dynamic bioscience cluster.”

PEI: The Value of a Small Province Dr. Russell Kerr Research Fellow - Nautilus Biosciences CRODA “Because of our size, we can bring decision-makers together.”

PEI's Wide Expertise in Bioscience Dr. Rabin Bissessur Interim Associate VP Research and Dean of Graduate Studies - University of Prince Edward Island “The bioscience sector has been growing rapidly.”

The Right Networks for Business Growth in PEI Deborah Dullen Co-Founder and President - BioTraceIT “Prince Edward Island offers an A-Team in bioscience.”