Biotechnology (red, green and white!) offers personalized medicine, new drugs, diagnostics and solutions to help the world community address challenges such as climate change.
|Health and Medicine||Agricultural & Food||Industrial Bioproducts (White)|
|Vaccines||Value-added plants and animals||Bioplastics|
|Gene therapy||Forest Products||Biocatylsts|
The new global “BioEconomy” emerging from advances in biotechnology currently represents over 4,200 companies, US $20 billion in research and development per year and earnings of over $60 billion annually in product revenues.
From a national perspective, biotechnology helps Canada compete internationally and enables exportation of Canadian products to new markets by creating value-added industries in the health, pharmaceuticals, agriculture and natural resources sectors. The Government of Canada continues to commit itself to being a world leader in biotechnology with funding levels approaching $861 million on biotechnology scientific activities.
Critical Canadian successes in biotechnology have led to hundreds of products in the healthcare, agriculture, and environmental sectors.