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.

Source: Deloitte and BioAlberta 2013 State of the Industry Report

 Graph_LifeSciences

Areas of expertise

Alberta’s areas of expertise within the life sciences industry include:

Agricultural Biotechnology

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.

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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.

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Health services

The health service subsector includes: consulting, distribution, health networks, hospital support services and management, diagnostic imaging, laboratories, and telehealth/telemedicine.

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Nanotechnology and Advanced Materials

Alberta has had significant success in the commercialization of nanotechnology and advanced materials with leading companies.

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Omics

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.

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Health Biopharmaceuticals

Discover the province’s biopharmaceuticals industry, a stable of the Alberta economy.

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