5 Biotech Companies in Canada

These biotech companies are developing new treatments and technology to improve healthcare.

Written by Abel Rodriguez
Published on Feb. 16, 2024
5 Biotech Companies in Canada
Photo: Shutterstock

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

  • Takeda
  • Novo Nordisk
  • Zymeworks
  • MedAvail
  • Deep Genomics

 

Top Biotech Companies in Canada to Know

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.   

Takeda Is Hiring | View Open Roles

 

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.   

Novo Nordisk Is Hiring | View Open Roles

Related ReadingHealthcare Companies in Canada to Know

 

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.   

 

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.  

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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.

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