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PEI Bio Sector Aims for 4X Growth

The PEI BioAlliance has released its 2021-25 Strategic Plan, setting in motion its plan to almost quadruple private sector revenue in the Island’s bioscience cluster to $1 billion within nine years.

Now 16 years old, the BioAlliance is a collaborative organization that harnesses the talents of the private sector, government and academia to develop a thriving bioscience sector on P.E.I.

Within the five-year scope of the current strategic plan, the BioAlliance aims to increase private-sector revenues of its members from $265 million to $500 million by 2025 and increase employment from 2,200


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