CHUM Research Centre

CHUM Research Centre
Rx&D

Rx&D
MEDEC

MEDEC
BIOQuebec

BIOQuebec
PreThera

PreThera
MEDTEQ

MEDTEQ
CHU Sainte-Justine

CHU Sainte-Justine
NEOMED Institute

NEOMED Institute
Institute for Research in Immunology and Cancer

Institute for Research in Immunology and Cancer
CQDM

CQDM
IRICoR

IRICoR
Institut de Cardiologie de Montreal

Institut de Cardiologie de Montreal
Genome Quebec

Genome Quebec
Q-CROC

Q-CROC
CHU de Quebec

CHU de Quebec
Research Institute of the McGill University Health Centre

Research Institute of the McGill University Health Centre
Sherbrooke Innopole

Sherbrooke Innopole

April 08, 2014 12:02 ET

Key players in the life sciences and health technologies congratulate the new Quebec Government and reiterate their commitment for a more prosperous and healthy Quebec

MONTREAL, QUEBEC--(Marketwired - April 8, 2014) - Key players in the Quebec life sciences and health technologies (LSHT) have joined together to offer their sincere congratulations to all newly elected members to the National Assembly and to premier designate Philippe Couillard, and his new Quebec Government. They wish to take this opportunity to express their eagerness to work with government officials to build a more prosperous and healthy Quebec.

Along with their commitment to research, development and accessibility of technological advances that contribute to the quality of life of Quebecers and the sustainability of the healthcare system, these key Quebec LSHT stakeholders want the government to make their industry a priority area of economic and scientific policy in Quebec.

To achieve this, they recommend a more integrated and coherent government vision as well as a coordinated action between economic development, science and technology and health ministries. It is essential to foster public-private partnerships in research and development and better leverage innovations within the healthcare system. Research and innovation in the LSHT industry and its effective dissemination throughout the health system, is an integral part of the solution as Quebec faces the many challenges associated with an aging population and constantly growing healthcare needs.

For the last 20 years, Quebec has made the unanimous choice to build a knowledge-based economy through innovation. The LSHT industry has always cooperated with the Quebec Government and reiterates its commitment to propel the province towards clinical excellence in the field.

Appropriate support and a competitive environment for the LSHT industry would generate many tangible benefits, such as better health outcomes, efficiencies in the health system and economic benefits across Quebec. Compared to the average of all Quebec economic sectors, the LSHT industry, with its more than 40,000 jobs in Quebec (including 17,000 jobs from subsidiaries of foreign companies), creates 70% more added value per direct job, offers wages that are 42% higher, and generates nearly double the tax revenues per job.

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