The federal government is investing $6 million to support the growth of British Columbia's life sciences sector, helping early-stage companies access research facilities.
The funding, provided through PacifiCan's Regional Innovation Ecosystems program, will help establish a new life sciences innovation centre in Vancouver, expected to open in 2026.
Harjit Sajjan, minister of emergency preparedness and minister responsible for PacifiCan, announced the investment. The funds will go to adMare BioInnovations, a national life sciences organization. The funds will contribute to constructing a 30,000-square-foot facility, including HVAC upgrades, installing plumbing and electrical systems, and purchasing laboratory equipment.
The new centre will address Vancouver's growing demand for wet lab space, essential for life sciences companies conducting hands-on research and drug development. Many startups begin their work in research institutions with access to shared lab space but require dedicated facilities to scale their innovations and attract investment.
Once operational, the centre will provide turnkey wet lab and office space for up to 10 companies at a time, giving them the infrastructure needed to develop life-saving therapies and medical advancements. In addition to lab access, companies will benefit from adMare's talent development programs, which aim to foster innovation and strengthen BC's life sciences industry.
Minister Sajjan emphasized investing in critical lab infrastructure to support local businesses. "In British Columbia's thriving life sciences sector, local innovators are creating health solutions needed worldwide," Sajjan said in a statement. "By partnering with organizations like adMare BioInnovations and investing in critical lab infrastructure in Vancouver, PacifiCan is creating the right conditions for industry growth."
Gordon McCauley, president and CEO of adMare BioInnovations, highlighted the centre's long-term benefits, noting that companies will be able to scale, attract investment, and create high-quality jobs. He said that as businesses grow and move into their facilities, they will make room for a new generation of startups, driving continuous innovation in the sector.
The investment is expected to maintain and create over 100 high-quality jobs in BC. The province is also contributing $10 million to the project.