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Montréal: An interconnected life sciences industry

Greater Montréal is among the top 10 life sciences and health technologies hubs in North America. Several major investments have recently been made in fields such as biopharmaceutics and artificial intelligence in healthcare.

With access to finance, an entrepreneurial mindset and a top expertise, Greater Montréal boasts a critical mass of potential strategic partners.

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55,000+
jobs in private companies in Québec
Several
thousand researchers in public organizations
85%
of the ecosystem is based in Greater Montréal
$1,6B
in private investment in life sciences supported since 2018
32,000+
university and college students in LSHT-related programs

Montréal is the place to be for foreign companies invested in innovation.

Companies that come to Greater Montréal become part of a research network that stands at the cutting edge of advances in the industry! The city offers complementary strengths in the fields of biopharmaceuticals, diagnostics, medical devices, health technologies and artificial intelligence. This diverse expertise encourages both business and research collaboration.

Map of Greater Montréal’s LSHT ecosystem

  1. A critical mass of ground-breaking companies
  2. A strategic and complementary position in relation to the largest LSHT centres in North America
  3. A large talent pool, with 15 university institutions nurturing the sector
  4. The most competitive operating costs among the 20 largest cities in Canada and the United States
  5. A 29% tax credit for scientific research and experimental development

They chose Montréal

“Our expansion into Montréal emphasizes our dedication to pushing the boundaries of science and technology within the pharma-tech sector. We are excited to tap into Montréal’s thriving ecosystem and collaborate with the exceptional talent present in the city.”

Petrina Kamya

President, Insilico Medicine Canada

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Contact our experts

Stéphanie Doyle

Senior Director, Europe & Life Sciences

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Sector profiles

Discover why Montréal is a life sciences and health tech hub.

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