How Is the Canadian Biotechnology Evolving: A Comparison of the 1997 and 1999 Biotechnology Use and Development Surveys - ARCHIVED
Articles and reports: 88F0006X2003003
Results show that biotechnology companies in Canada are experiencing rapid growth and that Statistics Canada is now capturing more biotechnology activity. For example, between 1997 and 1999, Canadian biotechnology firms grew in number with core biotechnology firms increasing from 282 firms to 358. They brought in $1.9 billion in biotechnology revenues in 1999, compared with $813 million in 1997; they spent around $827 million on biotechnology research and development in 1999, compared with $494 million in 1997.