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Industry News

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$500M Cambridge Biotech Research Hub Abruptly Closes

Arena BioWorks was supposed to be a breath of fresh air for the Greater Boston life sciences market, but its bright bulb just went out.
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The Globe and Mail (Ontario Edition)Peter Singer

Overcoming Canada’s innovation barrier will lead to more productivity

The latest federal budget includes $1.7-billion for attracting international talent, a welcome investment in a country where we struggle to turn scientific discoveries into innovations that drive economic growth.
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The Globe and Mail (Ontario Edition) Joe Friesen

Universities could jump to hire foreign researchers if Ottawa allocates funds

Universities have been waiting to see what direction the federal government will take as other countries have jumped on the potential hiring opportunity created by recent instability in U.S. academic funding.
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The Globe and Mail Chris Hannay

Vimy Pharma: Company says product won’t be available in January, still aiming for 2026

As the race among drug makers heats up to deliver a generic form of the blockbuster drug Ozempic next year, Vimy Pharmaceuticals Inc., a new entrant to the field, is aiming to produce a made-inCanada version.
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The Globe and Mail (Ontario Edition) Alanna Smith

With measles elimination status in peril, country faces a wake-up call

Canadian health experts equipped with binders of information on the prolonged measles outbreak will travel in November to Mexico City, where an international committee will determine whether Canada maintains its elimination status for the disease.
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WSJ: Harun Ozalp/Anadolu/Getty Images

Why Biotech’s Rally Can Last This Time

After years on the sidelines while investors piled into the next big thing in AI or crypto, biotech is back in focus. The question is whether this rally marks a real recovery or just another short-lived bounce.
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Photo: CBC Steven Senne/The Associated Press)

Why ‘organ chips’ could transform cancer treatment and drug testing

Lab-made technology with living tissue could guide future drug development, scientists say.
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Photo: CBC News/Jacquelyn Martin/The Associated Press)

RFK Jr. cancels $500M US in funding for vaccine development, targeting mRNA

The U.S. Department of Health and Human Services, helmed by Health and Human Services Secretary Robert F. Kennedy Jr., has pulled funding and cancelled contracts for vaccine development projects involving mRNA technology.
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Canada’s Life Sciences Real Estate Team - News update
Photo Illustration by Leah Abucayan/CNN

How a Trump-fueled brain drain could be the rest of the world’s brain gain

Months into President Donald Trump’s second term, as his administration wages an unprecedented war on the country’s top universities and research institutions,
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