Ontario Partnering with Biolab Pharma to Create Life Sciences Jobs in Ontario

Biolab Pharma Ltd. Chooses Ontario for its First International Facility

Ontario is partnering with Biolab Pharma Ltd. to help the company retrofit its first international facility outside Brazil, creating 40 new highly skilled jobs in the province.

Biolab Pharma develops, manufactures and commercializes prescription medicine and is a leader in cardiology and dermatology drugs. It is one of the ten largest pharmaceutical companies in Brazil.

With support from Ontario’s Jobs and Prosperity Fund, the company is retrofitting a 13,000 square foot research development and innovation (RD&I) facility in Mississauga. It will also invest in new equipment and special software to improve its research capabilities. These enhancements will help the company develop and commercialize innovative products for the North American and European markets.

Strengthening Ontario’s life sciences sector is part of our plan to create jobs, grow our economy and help people in their everyday lives.

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Brad Duguid

“Our government is excited that Biolab Pharma chose Ontario for its first international site. Today’s announcement is a testament to the province’s competitive and innovative life sciences sector and highly skilled workforce. This is an excellent example of how strategic partnerships can help drive economic growth and create high value jobs in the province.”

Brad Duguid

Minister of Economic Development and Growth

Charles Sousa

“Ontario’s private sector is at the forefront of economic growth, tapping into our highly skilled workforce to fill the jobs of tomorrow. Through the Jobs and Prosperity Fund alone, businesses have created or retained more than 35,000 jobs, including 40 announced today at Biolab Pharma. These partnerships contribute to the strong and sustained growth of the Ontario economy, with over 794,500 net new jobs created since the recession. We are proud that our strategic investments are helping businesses across Ontario grow and prosper.”

Charles Sousa

Minister of Finance

“We are pleased to partner with the Ontario government on this exciting initiative as we expand our operations internationally. Our new facility will help us sharpen our competitive edge and better serve our customers by continually improving and creating innovative products.”

Cleiton de Castro Marques

CEO, Biolab Pharma Ltd.

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