Life Sciences BC 2021

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LIFESCIENCES 2021 PUBLISHED BY BUSINESS IN VANCOUVER

SEIZING THE MOMENT TO BOLSTER LIFE SCIENCES IN B.C. Genomics has helped power the fight against COVID-19 PASCAL SPOTHELFER

The COVID-19 pandemic has put the spotlight on science and research unlike any other time in recent history. Life sciences allowed us to understand the SARS-CoV-2 virus faster than any disease-causing organism ever before. Data science facilitated the exchange of information and unprecedented global collaboration among scientists. One technology, however, stands out – genomics. This past year was a watershed moment for genomics and this transformational science clearly demonstrated its value. From the earliest days of the pandemic, genomics was critical to the public health response. Genomic sequencing led to a deep understanding of the virus and allows for the tracking and surveillance of mutations and variants. Genomics informed immunologists’ understanding of how our immune system builds defences against the virus. Genomics was essential for vaccine developers to produce new vaccines for clinical trials at record speed. The list goes on. Genomics will continue to play a prominent role in fighting the pandemic, monitoring the effectiveness of public health measures, adaptation of vaccines to variants and future pandemic preparedness. Now, as the federal government looks to invest in rebuilding Canada’s biomanufacturing capacity, B.C. is well positioned to play a leading role. B.C. has demonstrated a remarkable ability to mobilize in response to the COVID–19 pandemic. Over the past year, governments, not-for-profit organizations, academia and industry have come together to provide a coordinated and collaborative response to the pandemic. The capacity and willingness to collaborate in British Columbia continues to be a differentiator for B.C.’s life science ecosystem. The COVID-19 pandemic has shown in a dramatic way that science, research and innovation must not be an afterthought

– they are essential to the wellbeing and success of our province. While our province has excelled in discovery and application, there remains an opportunity to further support the translation of research innovations into commercial success, thus helping promising B.C.-based companies grow, while generating returns that benefit all British Columbians. Genome BC’s approach to innovation aims to support the practical translation of ideas and research outcomes into new or improved products, services, processes, systems or social interactions. A key pillar of our strategy will be a funding program that fits into the landscape of programs offered by government and others, while matching the needs of the genomics ecosystem we support. This is further supported by our Industry Innovation Fund, which provides support to qualifying companies looking to scale-up operations and to boost their competitiveness during a critical time in their evolution. Genome BC’s success illustrates what can be done with limited funds if leveraged properly and by working closely with the ecosystem in sync with government priorities. Jurisdictions around the world with strong and growing life science sectors include anchor companies as an essential ingredient to attract talent and the capital investment that grow the local ecosystem. Genome BC and others have worked hard to help build this capacity within our province by investing in people and businesses to develop, attract and retain worldclass talent and intellectual property. Companies such as AbCellera and Precision NanoSystems are homegrown success stories that have been years in the making and are the result of the ingenuity and drive of outstanding entrepreneurs who received the right support at the right time. We now have to ensure that established life science companies like these are retained in B.C., by providing them with an environment that allows them to be globally competitive, while continuing to foster many other promising early stage businesses. This combination of outstanding research, anchor companies, entrepreneurial start-ups and highly educated talent in a collaborative ecosystem will yield amazing economic and social benefits. É Pascal Spothelfer is president and CEO of Genome British Columbia.

THIS PAST YEAR WAS A WATERSHED MOMENT FOR GENOMICS AND THIS TRANSFORMATIONAL SCIENCE CLEARLY DEMONSTRATED ITS VALUE

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