Free press releases distribution network?

Agency / Source: Toronto Region Research Alliance (TRRA)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Intellectual Capital and Strong Economy Attract Life Sciences Companies Says PwC Report - Toronto's strong, stable economy and depth of intellectual capital are attracting major investment from the world's leading life sciences companies
Intellectual Capital and Strong Economy Attract Life Sciences Companies Says PwC Report

 

PRZOOM - /newswire/ - Toronto, Ontario, Canada, 2011/07/08 - Toronto's strong, stable economy and depth of intellectual capital are attracting major investment from the world's leading life sciences companies.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ranked #2 overall in the recent PricewaterhouseCoopers (PwC) Cities of Opportunity report, the Toronto Region – the centre of Canada’s life sciences industry – is attracting new research and manufacturing investment from the world’s leading life sciences companies. Toronto also ranks second in intellectual capital and innovation according to the PwC report.

Canada’s economy has out-performed other G7 countries and has experienced a solid recovery. The economy has expanded for six consecutive quarters since the third quarter of 2009, fuelled by a strong rebound in consumer and business expenditures. Canada is the only G-7 country to have regained the output lost over the recession and to have posted significant employment growth since June 2009.(1)

“A strong, stable economy and a vibrant research and innovation environment are important considerations when companies make investment decisions,” says Patrick Draper, President & CEO of the Toronto Region Research Alliance (TRRA). “That’s why the Toronto Region is an attractive location for life sciences companies to invest in global R&D and manufacturing operations.”

Talent is another major draw. In addition to the highly-educated and skilled workforce, over 100,000 immigrants from all corners of the world settle in the Toronto Region each year. “The workforce is smart, talented and globally-oriented, ’ says Draper. “They keep their international perspective and connections which is an advantage for global companies.”

Recent investments include:
• Sanofi Pasteur opened its new $CDN 101 million vaccine research and development facility. As the North American Centre of Excellence in analytical and bioprocessing R&D for Sanofi Pasteur globally, Toronto is playing a lead role in advancing Sanofi Pasteur’s global vaccine pipeline. The Government of Ontario invested $ CDN 13.9 million in this project.
• GlaxoSmithKline Canada announced a $ CDN 30 million expansion to its state-of-the-art advanced manufacturing facility. This expansion will help bring new products to market and enable the global supply of the company's dermatological products. The Government of Ontario will invest $ CDN 3.6 million in this expansion project.
• GE Healthcare opened the first global Pathology Innovation Centre of Excellence (PICOE) in Toronto. The centre will give pathologists and clinical partners the resources to accelerate research and development and testing for new digital pathology solutions. The Health Technology Exchange (HTX), an Ontario government agency, invested $ CDN 2.25 million in this $ CDN 17 million project.

For more information about the Toronto Region and the life sciences sector, visit trra.ca/lifesciences

(1) Source: fin.gc.ca/ec2010/efp-pef-03-eng.asp#a6

About Toronto Region Research Alliance (TRRA)
The Toronto Region Research Alliance (TRRA.ca) is a regional economic development organization promoting increased investment in research and innovation to further economic prosperity. TRRA focuses on retaining and growing foreign investment into regional organizations; attracting innovative, research-intensive foreign companies to locate here; promoting enhanced research intensity among regional businesses; and advancing initiatives to strengthen research and innovation capacity. TRRA is a public-private partnership funded by the government of Ontario and is a key partner in delivering Ontario's Innovation Agenda. TRRA also receives financial support from the government of Canada, and a wide range of regional stakeholders from the private and academic sectors.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Toronto Region Research Alliance (TRRA)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Pharma/BioTech/Nutrition articles,
CATCH Visitors via Your Competitors Announcements!


Intellectual Capital and Strong Economy Attract Life Sciences Companies Says PwC Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Ruth Lewkowicz - TRRA.ca 
416-673-6686 rlewkowicz[.]trra.ca
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Toronto Region Research Alliance (TRRA) securities in any jurisdiction including any other companies listed or named in this release.

Pharma/BioTech/Nutrition via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Toronto Region Research Alliance (TRRA) / Company Profile


Read Pharma/BioTech/Nutrition Most Recent Related Press Releases:

BD Announces Adoption of Windows 10 ‘Internet of Things’ for the Pyxis™ ES System
Greenphire Named to Deloitte 2016 Technology Fast 500™
Genentech Showcases New Clinical Data Across a Variety of Blood Diseases at American Society of Hematology 2016 Annual Meeting
BD Collaborates with JDRF to Focus on Extended Wear Innovations for Insulin Infusion Delivery
BD Launches First Syringe Designed for Use with Humulin® R U-500 Insulin
MDxHealth Announces Unique CPT Code Awarded for ConfirmMDx from the American Medical Association
BD MAX™ Vaginal Panel Receives FDA Market Authorization to Detect Most Common Causes of Vaginal Infections
Greenphire Receives EU-US Privacy Shield Certification
The 2016 Georges Mathé Prize Recognizes Research on the Immunological Determinants of the Response to Breast Cancer Treatment
MDxHealth Announces Agreement with HIFU CLINIC Prostate Cancer Center for Distribution of SelectMDx in Poland

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today