About the industry
Alberta has long been a powerhouse of life sciences research and development, and it is home to over 200 life sciences companies.
Industry fast facts
- The majority of Alberta’s life science companies operate in the health biotechnology, agricultural biotechnology, and medical technology and devices
- Revenues for this growing sector are estimated to be $1.5 billion annually.
- Collectively, Alberta companies and institutions have attracted some of the world’s largest and most successful corporations and researchers to partner with Alberta.
- Nearly 16% of companies are active in more than one sector.
Areas of expertise
Alberta’s areas of expertise within the life sciences industry include:
Ag-biotechnology is a subsector of biotechnology involving the tools employed to understand and manipulate the genetic makeup of organisms for use in the production or processing of agricultural products.
Medical Technologies and Devices
Key components in Alberta’s medical devices and technology industry include: assistive & diagnostic devices, hospital equipment, medical imaging and medical/surgical supplies.
The health service subsector includes: consulting, distribution, health networks, hospital support services and management, diagnostic imaging, laboratories, and telehealth/telemedicine.
Nanotechnology and Advanced Materials
Alberta has had significant success in the commercialization of nanotechnology and advanced materials with leading companies.
Omics technologies include the detection of genes (genomics), mRNA (transcriptomics), proteins (proteomics) and metabolites (metabolomics) from a patient or animal sample. Alberta has internationally renowned expertise, infastructure and resources in genomics, transcriptomics, proteomics and metabolomics.
Discover the province’s biopharmaceuticals industry, a stable of the Alberta economy.
Date Updated: Wed, 26 Mar 2014 04:10:37