A biomanufacturing site is coming to Canada’s Prince Edward Island
Prince Edward Island may be known more to readers of the Anne of Green Gables series of books, but a new effort by the local and national authorities looks to turn the picturesque island into a hub for biomanufacturing and biotech activity.
The governments of Canada and Prince Edward Island are placing a CAN 50 million ($37.4 million) investment into what is being dubbed the BioAccelerator, with the project being spearheaded by Prince Edward Island BioAlliance, a local business organization. According to an email from a PEI BioAlliance spokesperson, both the Canadian government and the local government contributed CAN 25 million ($18.7 million) to the project.
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