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Greater Montréal: a Thriving Health Tech Hub the World's Best Economic Promotion Agency at Your Service

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Greater Montréal: a Thriving Health Tech Hub the World's Best Economic Promotion Agency at Your Service Greater Montréal: A Thriving Health Tech Hub The world's best economic promotion agency at your service 2 Content 01 02 03 04 Life Sciences: A Strategic A Unique Interconnected & A Deep and Growing Pool Attractive Operating Sector for Québec Collaborative Ecosystem of Highly Qualified Talent Costs and Incentives 05 Montréal International’s Personalized, Free and Confidential Services 3 A strong and growing metropolis, strategically located in North America Population ▪ 4.3 million residents Economy ▪ Fastest economic growth in Canada MONTRÉAL in 2018 and 2019 TORONTO ▪ $2.6 billion in foreign direct investment VANCOUVER CHICAGO LONDON in 2019 supported by Montréal International BOSTON PARIS Location NEW YORK ▪ 82 municipalities, 1 metropolitan area WASHINGTON ▪ A 90-minute flight to Boston and New York City ▪ Less than a one-hour drive to the U.S. border LOS ANGELES Source: Conference Board of Canada, 2020; Statistics Canada, 2020; Montréal 4 International Analysis. 01 Life Sciences: A Strategic Sector for Québec Downtown Montréal © Henry MacDonald Québec’s ambitious Life Sciences Strategy Four key objectives Two goals 1 Increase Investment in research 1 Attract $4 billion of private investment in and innovation in all life sciences Québec by 2022 2 Foster the creation of innovative companies Make Québec one of the Top 5 North and ensure their growth 2 American life sciences clusters by 2027 3 Attract new private investment 4 Further integrate innovation into health and social services network Two priority niches to position Québec internationally 1 Precision medicine 2 Big Data in the health sector 6 Source: 2017-2027 Québec Life Sciences Strategy. Many key programs within the Québec strategy are fostering the Health Tech sector Creation of an innovation bureau and the Chief health innovation strategist position Creation of an innovation support fund Optimized and accelerated process for the integration of innovative health technologies 7 Source: 2017-2027 Québec Life Sciences Strategy. 02 A Unique Interconnected & Collaborative Ecosystem Canada’s fast growing medical device market Ranked th 8 globally* US $6.7 B 5.7% Medical device market size Compound annual growth (2017) rate in revenues 2016- 2021(in US$) *The Canadian medical device market was ranked 8th in the world in terms of value in 2017. 9 Source: BMI Research’s Worldwide Medical Devices Market Factbook 2017, Invest in Canada, 2017: http://www.ic.gc.ca/eic/site/lsg-pdsv.nsf/eng/h_hn01736.html. Québec boasts a thriving health tech sector Distribution of jobs in Québec’s Québec life sciences and health tech sector life sciences and health tech (%) Natural health CRO 2,130 jobs 4,028 jobs 56,000 2.0% Medical devices Total jobs (80% concentrated 14.0% 6,359 jobs in Greater Montréal) 22.0% Québec health tech sector CMO of all jobs and 5,938 jobs 20.0% ▪ 40%+ ▪ 50%+ of companies 19.0% Medical devices Digital health 2.0% Digital health Biotech 5,434 jobs 151 companies 169 companies 721 jobs 21.0% 6,400 jobs 5,400 jobs Pharma 6,209 jobs 10 Source: Montréal InVivo, 2017; Ministère de l’Économie, de la Science et de l’innovation, 2017. 1 0 Numerous Health Tech companies are booming in Montréal Foreign subsidiaries Local companies 11 Major hub to boost business partnerships throughout the region Click here to visit our interactive map of companies Legend Innovation centre – fall 2020 Trudeau Industrial park / innovation cluster International Airport University Hospital Centre University 12 World-renowned scientific excellence centres and infrastructures Montréal is reputed for its collaborative approach Research centres (Research – Industry – Government) Recent major investments in cutting-edge infrastructures: CHU Sainte-Justine, McGill University Centre hospitalier Mother & child Health Centre de l’Université de university hospital (MUHC) Montréal (CHUM) center 500,000 220,000 80,000 ambulatory ambulatory ambulatory visits/year visits/year visits/year 13 Source: CHUM, 2020; MUCH, 2020; CHU Sainte-Justine, 2020. Montréal has developed an internationally-acclaimed expertise in several fields Oncology Cardio-vascular Neuroscience Infectious Aging and metabolic and mental diseases diseases health Cellular therapy, Medical imaging Precision medicine Big Data and regenerative medicine and cytometry (genetics, genomics artificial intelligence and proteomics) Rare diseases 14 Many opportunities for foreign investors within the Montréal’s Health Tech strategic axes Connected health Imaging and simulation Human performance Personalized health ITC VISUALIZATION PREVENTION DIAGNOSIS ▪ Patient autonomy patient ▪ Diagnosis support ▪ Biomarkers and home-based care SPORTS MEDECINE ▪ Near-patient tests ▪ Mobile applications SURGICAL APPLICATIONS Injury prevention ▪ Wellness ▪ Surgical planning Performance improvement CUSTOM SOLUTION ▪ Healthcare logistics ▪ Guiding ▪ Implants ▪ Electronic medical record ▪ Surgical robots REHABILITATION ▪ Targeted treatment ▪ Optimisation of operations ▪ Prostheses MEDICAL TRAINING ▪ Physiotherapy NEUROSCIENCE TELEHEALTH ▪ Health personnel ▪ Environment adjusment ▪ Telemedicine ▪ Specialized training ▪ Recovery CARDIOLOGY ▪ Remote monitoring ▪ Biomechanics ▪ Remote training ORTHOPEADICS BIG DATA ▪ Diagnostic assistance ▪ Tailored treatment ▪ Genetic profile ▪ Predictive analysis ▪ Internet of things ENABLING TECHNOLOGIES Textiles BioMEMS Biomaterials Plastics/Polymers Nanotechnology 15 Source: MEDTECH, Strategic Axes, 2018. World-class Health Tech university research chairs ▪ Canada Research Chair in orthopedic ▪ Canada Research Chair in 3-D Imaging and Engineering & NSERC/Medtronic Industrial Biomedical Engineering ▪ Research Chair in Spine Biomechanics Chairholder: Jacques de Guise Chairholder: Carl-Éric Aubin ▪ Canada Research Chair in Biomaterials and ▪ Canada Research Chair in Quantitative Magnetic Endovascular Implants Resonance Imaging Chairholder: Sophie Lerouge Chairholder: Julien Cohen-Adad ▪ Canada Research Chair in Engineering Innovations in ▪ Canada Research Chair in Medical Imaging and Spinal Trauma Assisted Interventions Chairholder: Yvan Petit Chairholder: Samuel Kadoury ▪ Canada Research Chair in Vascular Optical Imaging ▪ Canada Research Chair in Micro and Chairholder : Frédéric Lesage Nanobioengineering ▪ Canada Research Chair in Medical Nanorobotics Chairholder: David Juncker Chairholder: Sylvain Martel ▪ Canada Research Chair in Biosynthetic Interfaces ▪ Canada Research Chair in Fabrication of Chairholder: Marta Cerruti Advanced Microsystems and Materials Chairholder: Daniel Therriault ▪ Canada Research Chair in Mechanobiology of ▪ Canada Research Chair in Biomedical Imaging the Pediatric Musculoskeletal System and Healthy Aging Chairholder : Isabelle Villemure Chairholder: Habib Benali ▪ Canada Research Chair in biomedical data-mining Chairholder: Neila Mezghani 16 Examples of flagship programs to accelerate discovery, development and commercialization Consortium for Industrial Research and Innovation in Medical Technology Business incubator dedicated to high-tech companies, for instance medical technologies and manufacturing Accelerator for medical technology companies Accelerator for digital health created by MEDxlab Centre québécois d’innovation en biotechnologie (CQIB) and Campus des technologies de la santé (CTS) Startup accelerator and entrepreneurial community located within Concordia University Connector and facilitator for the neurotechnology community providing key resources and technological initiatives 17 Concordia’sAerial view ofNew Montréal Science skyline hub TransMedTech Institute, a unique transdisciplinary open innovation hub ▪ Supports the development of next-generation Confirmed initiatives since 2017: medical technologies for important diseases to facilitate their implementation in the health system ▪ 47 projects in development and industry ▪ 7 Chairs /recruited professors ▪ Living Lab focused on users and needs dynamics ▪ 40 Platforms fostering transdiscinplinary and intersectoral collaborative research, open innovation and ▪ 84 Students / 3 training programs (entrepreneur, creativity. industry, academic) ▪ Partners and founding institutions ▪ 74 Scientits/clinicians ▪ 63 Partnering institutions companies ▪ 36 HQP 18 Source: TransMedTech, 2019. Strong venture capital funding from various players in Québec ▪ More than US$2.7 B in VC in Montréal between 2018 and 2020 Private venture capital ▪ Six of Canada’s ten most active VCs in 2020 are based in Greater Montréal ▪ Example of funding for life sciences companies: raised US$82.5 M – September 2019 raised US$80 M – October 2018 raised US$60 M – May 2020 Institutional partners raised US$37 M – January 2020 raised US$30 M – July 2020 raised US$29 M – July 2017 19 Source: Canadian Venture Capital & Private Equity Association, 2018, 2019 and Q3, 2020; Canadian Report “Money Tree”, PwC Canada | CB Insights, 2019. Montréal is home to Canada’s AI cluster headquarters Canada's AI supply chain supercluster Québec’s AI organization fostering the development of Québec’s AI ecosystem Other health related Canadian superclusters a cross-industry The Innovative collaboration in healthcare, Manufacturing supercluster: communications, technology manufacturing 4.0 20 Downtown Montréal © Montréal International Mila, a thriving AI hub in the Mile-Ex neighborhood ▪ With 600+ researchers, Mila is the world’s largest academic research lab specialized in deep learning and reinforcement learning ▪ A collaborative ecosystem of AI researchers, startups and major companies ▪ Examples of
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