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Why Major Pharma Companies are Choosing Montreal’s Life Sciences and Health Tech Sector

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Why Major Pharma Companies are Choosing Montreal’s Life Sciences and Health Tech Sector

By Montréal International

Why Major Pharma Companies are Choosing Montreal’s Life Sciences and Health Tech Sector

By Montréal International
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Québec has one of the largest ecosystems for life sciences and health tech in all of North America, with 80% of this ecosystem located in Montréal.

Life sciences businesses in Montréal benefit from its world-class university hospitals and collaborations between industry, government and research institutes.

Some of the areas where Montréal has established world-renowned expertise include oncology, infectious diseases, neuroscience and mental health, regenerative medicine for rare diseases, precision medicine, and Big Data and AI.

Montreal’s status as an AI hub presents a considerable advantage for life sciences, providing the ability to accelerate and enhance developments.

An extensive and growing talent pool of highly qualified workers and a business-friendly taxation system are two further reasons why a series of international life sciences companies have opted to expand their operations in Greater Montréal recently.

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