BC providing nearly $195m in grant funding for life sciences research

The grants will also help attract, develop and retain research talent and support job creation and health research employment and training in B.C.

“B.C. has so much to be proud of as we come through the last two years of the pandemic as a global leader in new health technologies, treatments and vaccines,” said Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation. “This new funding is a significant step to establishing a life sciences hub to support the sector’s growth and diversification and to anchor B.C. as a worldwide leader and developer of new talent, research capacity and life-changing innovation.”

Throughout the pandemic, B.C.’s life sciences research sector and businesses earned international recognition for their roles in developing new technologies, treatments and vaccines now used around the world.

Virtually every COVID-19 vaccine candidate that reached late-stage development in 2020 used components developed or manufactured by a B.C. scientist or company.

As outlined as a key new action in the StrongerBC Economic Plan, B.C. will launch a Life Sciences and Biomanufacturing Strategy to position the province as a worldwide life sciences hub by nurturing new talent, developing new lab space, leveraging the research capacities of B.C.’s post-secondary sector and supporting employment across the sector.

by Caden Fanshaw

BC providing nearly $195m in grant funding for life sciences research

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