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Life Sciences Ontario Sector Report

Ontario has all the building blocks to be the next global leader in Life Sciences Siso LSO LIFE SCIENCES ONTARIO People working in the life sciences sector understand its broad impact on Ontario's economy. Yet for many reasons, it wasn't easy to find well-defined data that clearly measured and reported these economic contributions. Life Sciences Ontario has met this need. Our 2015 sector report proposes a new standard for capturing the economic impact of Ontario's life sciences sector. We hope it will help governments and regulators to make informed evidence-based decisions to help the life sciences sector grow even further. The full report's available at bit.ly/LSOSectorReport. This inforgraphic summarizes some of the key findings. The Life Sciences Industry at a Glance Drugs and 27,465 Pharmaceuticals 22,605 Research, Testing, and Medical Job Distribution Laboratories by Sub-Sector Medical Devices 24,625 and Equipment Agricultural Feedstock 8,041 and Chemicals 82,737 Jobs at 5,645 Firms 20% Decline in VC Funds Ontario's share of Canadian venture capital (VC) since 2001 25.1% Job Growth <2% Total Equity Raise on TSX/TSXV since 2001 146,800 Total Jobs Direct, indirect and induced impacts 2.18% R&D Expenditure as a % of GDP -$40+B Revenues 18.9% Unemployment Rate Facing youngest science graduates 26.5% Higher Wages than provincial avg. 63% Firms have less than 10 Employees Ontario Ranked in North America's Top 3 in Number of Life Sciences Establishments California Ontario Florida 82,737 Jobs with an average annual wage of $58,193 generating.. = 150 Jobs $448 M $21.6 B in income tax to Ontario's GDP Canadian Patents Applied/Awarded 2012 Ontario 2427 Patents Applied 1089 Patents Awarded Ontario's Life Science Graduation Rate has increased by +27% while the national average is 10% Québec Alberta B.C. from 2006-11 Life Sciences Ontario LSO advocates for the economic SLSO strategies needed to drive greater growth in our sector LIFE SCIENCES ONTARIO sharing this infographic online You can help by t in Joining LSO to help create an even stronger AND life sciences sector in Ontario #lifesciences Source: Life Sciences Ontario Sector Report 2014 http://bit.ly/LSOSectorReport Created using symbols from The Noun Project collection. Corn Symbol by Christopher Anderson; Pills Symbol by Wilson Joseph; Beaker Symbol by Ken Messenge; California-Bear and Florida Symbols by Leonardo Schneider; Building Symbol By Lil Squid; Businesspeople Symbol by Icons Pusher.

Life Sciences Ontario Sector Report

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People working in the life sciences sector understand its broad impact on Ontario's economy. Yet for many reasons, it wasn't easy to find well-defined data that clearly measured and reported these eco...

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