BIOQuébec and Life Sciences Ontario Announce Strategic Collaboration to Strengthen Sector Growth

LAVAL, Québec & TORONTO--(BUSINESS WIRE)--BIOQuébec and Life Sciences Ontario (LSO), two leading life sciences associations, are proud to announce the signing of a Memorandum of Understanding (MOU) to enhance collaboration and foster growth across Québec and Ontario. In today’s economic climate, strengthening interprovincial partnerships is crucial to driving innovation, resilience, and new opportunities in the life sciences sector.

Ontario and Québec are home to Canada’s largest life sciences hubs, offering significant potential for growth. Through this collaboration, LSO and BIOQuébec will work together to create new opportunities by facilitating connections, sharing resources, and expanding access to funding and markets. By leveraging their respective networks and expertise, both organizations aim to strengthen collaboration, helping life sciences companies scale and compete on a broader stage.

This initiative represents a significant step toward strengthening the life sciences sector between Ontario and Québec. Reducing interprovincial barriers and improving business environment will create new opportunities for growth and success among member organizations. Enhanced connectivity and collaboration between the two provinces will foster stronger cross-provincial partnerships, driving innovation and reinforcing Canada’s position as a global leader in life sciences.

"LSO and BIOQuébec's long-standing relationship over the years has evolved into a formal alliance that will directly benefit our members and strengthen Canada's life sciences sector as a whole. Now, more than ever, we need to work closely across provincial borders to make Canadian life sciences globally competitive. By combining our strengths, we're creating opportunities for our sector to collaborate, and our collective impact on healthcare and economic growth to be maximized."
– Jason Field, President and CEO of Life Sciences Ontario

"This collaboration establishes a strategic alliance between Québec and Ontario’s life sciences ecosystems, facilitating greater collaboration and expanding access to resources, networks, and market opportunities. By working together, we are providing our members with the tools and support they need to succeed in a globally competitive industry, driving innovation, and contributing to the continued growth of Canada’s life sciences sector."
– Benoît Larose, CEO of BIOQuébec

Key Benefits for Association Members:

• Access to cross-association events focused on life sciences knowledge sharing, advocacy and partnerships
• Preferential registration rates for all partnered events
• Expanded networking and business development opportunities through joint activities and commercial missions

About BIOQuébec

BIOQuébec is a non-profit association, entirely financed by its members. It represents nearly 270 companies and organizations active in Quebec's life sciences and health technologies industry. BIOQuébec is the voice of the industry, promotes networking and economic development, and acts as a link between the private sector and stakeholders. Learn more about BIOQuébec: https://www.bioquebec.com/

About Life Sciences Ontario (LSO)

Life Sciences Ontario (LSO) is a member-funded, not-for-profit organization with a legacy of more than 35 years advancing the success of Ontario’s life sciences sector. LSO collaborates with government, academia, industry, and other life sciences organizations in Ontario and across Canada to promote and encourage commercial success throughout the sector. LSO is an effective conduit for delivering policy options to governments and is dedicated to promoting Ontario’s life sciences sector internationally. Learn more about LSO: https://lifesciencesontario.ca/