MBiz | December 2017

BUILDING MANITOBA’S SCIENCE SECTOR

As a non-profit, LSAM strives to grow Manitoba’s vibrant life science industry. It collaborates with members, stakeholders, government officials and other organizations to achieve excellence in this competitive industry. Through its training and development programs, LSAM drives Manitoba’s bio science community forward, providing members with valuable resources, information, and opportunities to grow. Want to learn more about bio science in Manitoba and read our full industry survey? Visit www.lsam.ca! * 162 companies participated in the 2016 survey with a 57% response rate.

In 2016, the Life Science Association of Manitoba (LSAM) conducted a survey on the province’s healthy and prosperous bio science sector. We measured all aspects of the sector to get a better understanding of their overall contribution to our local economy. Manitoba’s bio science sector consists of three primary industries: bio health, agricultural biotech (ag biotech) and industrial biotech. These industries combined have created major opportunities to build a strong base of highly skilled and knowledgeable workers in our province.

WHAT WE LEARNED

FACT 1: Manitoba’s bio science sector saw a significant revenue increase in 2016 – especially in bio health. Revenue for 2016 was approximately $978,800,000.

FACT 2: Manitoba’s bio science sector was a major contributor to Manitoba’s economy thanks to its high share of exports.

82%

OF THE SECTOR’S $978M IN ANNUAL REVENUES ARE EXPORTS THAT DIRECTLY INCREASE MANITOBA’S GDP. IS THE AVERAGE BIO SCIENCE SALARY IN MANITOBA.

BIO HEALTH 77% / 750M AG BIOTECH 16% / 158M INDUSTRIAL 7% / 70M

77K

At Southport our goal is to establish a world-class business centre balanced with lifestyle, wellness and recreation facilities.

Commercial Opportunities Southport is continuously looking to develop and improve our site. We work with you to develop your company and ensure the continued success of Southport.

Land Use & New Development Great opportunity for growth at Southport with 607 hectares of land to build on (including 80 hectares airside). The majority of lots available are serviced and ready to be built on immediately.

• Financing options • Affordable lease rates • Project management expertise

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