Publication

Toronto Q2 2024 Life Sciences Market Report

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Market Highlights

  • Acorn, a biotechnology company based in Toronto, has raised $8.1 million to enhance access to regenerative medicine through cell preservation.
  • The Ontario government is investing $40.0 million to support the growth and innovation of life sciences companies and biomanufacturers, enabling them to develop life-saving medicines and technologies and compete globally.
  • Sanofi celebrated the opening of its cutting-edge 200,000 square foot (sf) biomanufacturing facility, the largest of its kind in Canada, which will be dedicated to producing vaccines for whooping cough, diphtheria, and tetanus.

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