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Life Sci Mississauga

Life Sci Mississauga

Life Sci Mississauga
July 24
11:43 2015

Mississauga’s Life Sciences Sector employs thousands of knowledge based workers.

Mississauga continues to develop scientific discoveries and new processes. These innovations help Canadians live longer, better lives.

Mississauga’s life sciences sector features exceptional talent, innovative companies, and the convergence of the many supports required to propel this leading economic cluster forward. Mississauga is home to 380 life sciences companies employing more than 25,000 people. While the life sciences industry globally has undergone a period of consolidation, Mississauga continued to increase its level of employment, adding over 5,000 employees to the sector for the period 2003-2007. Our companies are innovators, business leaders, and community builders and this sector is a strong, vibrant, and leading component of the Mississauga business community.

Mississauga’s core Life Sciences sector includes bio-pharmaceuticals and pharmaceuticals, biotechnology, diagnostics, nutraceuticals, equipment and devices, health care, laboratories, and suppliers of specialized medical and hospital equipment and supplies, sales and distribution, medical information and service providers, and consulting firms providing service to biomedical or biotechnical areas.

“Mississauga is the second largest life sciences cluster in Canada. Our Pill Hill community is a thriving hub of global life science businesses,” says Mayor Bonnie Crombie. “The University of Toronto at Mississauga, home to the Mississauga Academy of Medicine, undertakes important life science research and graduates a wealth of human capital in the fields of commerce, healthcare, and medicine.”

These services enjoy broad support within the community with 21 nearby universities and colleges as well as through specialized education programs at the University of Toronto at Mississauga, an internationally renowned research-based university offering one of the few Masters of Biotechnology programs in Canada, as well as a Masters of Innovation Management. There is also the Research, Innovation, Commercialization Centre (RICC). Launched in 2008, RICC is a notfor-profit organization that supports the development of innovation and entrepreneurship in Mississauga and area. Since its inception, the RIC Centre has worked with over 750 companies to take technical innovations to market.

For investors looking to expand current Life Sciences operations, Mississauga offers a number of strategic advantages beginning with its location in the heart of a major air, road and rail network with a solid infrastructure makes it a cost-competitive base for companies. The City is home to Canada’s largest international airport and within a day’s drive are North America’s richest markets with access to 164 million consumers. Our location is pivotal for the distribution of products and to surpass logistical and transportation requirements. As part of the Greater Toronto Area (GTA), we are also one of North America’s largest business centres. Mississauga is Canada’s sixth largest city with a population of more than 700,000 and is recognized as Canada’s safest city.

Mississauga’s dynamic business community and thriving knowledge sectors benefit from a highly skilled talent force, compelling R&D and investment incentives, choice of locations, competitive costs, a strategic location with ready access to consumer and industrial markets, and convergence of ideas and resources within an innovative environment.

Come, be a part of our growing sectors and experience the spirit of innovation. For more information on Mississauga’s Key Economic Sectors, including Life Sciences visit www.mississauga.ca/portal/ business/keysectors.

 


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