Canada and UK's biotech trade groups BIOTECanada and BIA to strengthen cross-Atlantic cooperation

BIOTECanada and BioIndustry Association (BIA), the industry associations representing the bioscience sectors of Canada and the UK, respectively, have agreed to work together to increase opportunities for companies.

The two trade associations yesterday signed a Memorandum of Understanding at the BIO 2011 Convention in Washington, which aims to strengthen collaboration between the biotechnology sectors in the two nations. These two nations have a history of collaboration in many sectors. Recognizing the biotechnology industry as an economic driver of our current and future economy, great benefits exist in a strategic partnership between Canada and the UK.

“The BIA is delighted to have established this partnership with BIOTECanada and we look forward to working together with them in future. This collaboration recognises the significance of the Canadian biotech sector and its potential for partnerships between our members and BIOTECanada’s members,” said BIA chief executive Nigel Gaymond.