Canada is known for having a great healthcare system, and it could get better as the country continues to invest in businesses and entrepreneurs innovating in the sector. These investments will undoubtedly bring forward new technologies and help accelerate the development of life-changing treatments. As the country’s healthcare system continues to grow, these are some of the top biotech companies to know about.
Top Biotech Companies in Canada
- Pfizer
- Takeda
- Novo Nordisk
- Zymeworks
- MedAvail
- Deep Genomics
Top Biotech Companies in Canada to Know
Pfizer researches and develops drugs for the treatment of a huge range of diseases and conditions, from depression to pain syndromes to cancer. It has offered the pharma and healthcare industries constant progress since its founding in 1848, with a presence around the world. Pfizer is hiring team members for its Canadian teams.
Deep Genomics uses its machine learning engine to discover novel biological mechanisms that can be suitable therapeutic candidates. According to the company, its artificial intelligence capabilities help it find genetic mutations in DNA and understand how mutations can cause diseases.
Based in Montreal, Inversago Pharma is a privately owned biotech company that develops new therapies based on peripherally acting CB1 inverse agonists. The company aims to provide new treatment options for patients affected by metabolic conditions such as diabetic kidney disease, diabetes and hypertriglyceridemia.
MedAvail designs and manufactures pharmacists-controlled prescription medicine vaults used in hospitals and pharmacies. The vaults dispense the correct medication for patients and come equipped with robotics systems and two-way teleconferencing.
Nicoya aims to improve human life using nanotechnology to increase the affordability and ease of use of scientific instruments. One of its developments, Alto, can accelerate drug discovery using a fraction of the sample volume traditionally required. Since its founding in 2012, the company has grown to a team of over 100 employees who are experienced in the nanotechnology and biotechnology sectors.
Zymeworks develops multifunctional biotherapeutic treatments for difficult-to-treat cancers. To develop treatments, the company uses protein engineering techniques and antibody-based technologies to discover and make therapeutic advances. According to the company, it has various therapies currently in clinical trials.
Genus is an animal genetics company that uses ethical breeding and genetics practices to ensure the global food system continues to nurture healthy, productive animals that yield affordable, high-quality proteins. Since its founding in 1941, the company has grown to market in more than 70 countries, serving more than 40,000 customers globally.
With over a hundred years of experience, Novo Nordisk develops medical treatments to defeat chronic diseases. The company began as a research company to fight diabetes, but now it treats a host of illnesses including obesity, Alzheimer’s and sickle cell disease. Novo Nordisk employs a rigorous process for research and testing before making its treatments medically available.
Takeda is a global biotech company developing treatments across various medical fields including oncology, gastrointestinal and rare diseases, among other areas. The company works with local regulatory agencies when developing products. In Canada, Takeda develops treatments for conditions like ADHD and Hunter Syndrome.
Genevant is a nucleic acid delivery company that boasts the industry’s most robust and expansive lipid nanoparticle patent estate and decades of expertise in nucleic acid drug development. Founded in 2018, the company is headquartered in Vancouver.
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