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Will AI Expertise Push Canada Forward As A Biopharma Hub?

 
• By David Wild

In Canada, an impressive roster of machine learning companies and institutions highlights the research being conducted there. However, a paucity of VC funding and few experienced C-suite leaders has stunted the commercialization of great ideas. 

Strong Science, Innovation and World-Renowned Research Centers Place Canada On The Map • Source: Shutterstock

With a population one-tenth the size of the US, Canada often sits in the shadow of its neighbour to the south. But when it comes to the quality of its life sciences research and biotech innovation, it stands shoulder-to-shoulder to the US. Life sciences stakeholders have been slowly taking more notice. 

Versant Ventures is a global biopharma venture capital firm that has two of its six offices located in Canada and dedicates 20% of its US $4.2bn fund to Canadian...

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