On Thursday, September 22, 2022, Life Sciences BC will hold the 24th Annual Life Sciences BC Awards presented by FARRIS. This is an opportunity to celebrate the life science sector's many achievements amongst peers, family and friends. As Canada's fastest-growing life sciences sector, our British Columbia ecosystem has never been stronger seeing unprecedented momentum in scientific discovery, innovation, and attraction of capital and talent. In addition, BC life science innovation has been at the forefront of the global response to COVID-19. This Life Sciences BC Annual Awards event will acknowledge and honour the efforts of all those who have invested their life's work in advancing successful health innovations.
The awards will recognize the achievements of individuals, companies and organizations that have had success in endeavouring to advance discoveries from bench to bedside. At the center of the life sciences sector is improving the lives of patients.
The 24th Annual Life Sciences BC Awards is presented by FARRIS.
This award is designed to recognize a company working in the life sciences and/or biotechnology industry in BC, who has demonstrated a significant contribution to the development of the sector. The award highlights the accomplishments of a company who has impacted and strengthened relationships with external supporters favouring the sector.
Must have achieved or is nearing significant commercial success Must be recognized for their commitment to promoting and supporting the life sciences industry in BC Must have contributed significantly to the development or success of the life sciences industry in the BC community in the past year Has positive impact on more than one organization in the BC life sciences community
This award honours an individual or an organization that from January 1st, 2021 - March 31st, 2022 have positively impacted on the life sciences sector in BC. Organizations eligible to win this award include, but are not limited to the areas of law, finance, accounting, economic development, incubation, clinical research and consulting. This award is also open to significant collaborations, transactions or innovations that have taken place with companies in the life sciences sector.
Advisor and/or engagement in a major transaction that had a transformative impact on a business (wider business impact, such as the development of new markets, products, services and/or technologies and the creation or retention of quality employment opportunities in BC) Advisor or organization has proven to offer quality services and/or solutions as recognized by collaborators Advisor or organization has proven ability to demonstrate return on investment Proven ability to present creative and innovative solutions that benefit BC's life sciences community in the short and long term
This award acknowledges the outstanding contributions of corporations that significantly impacted the BC life sciences sector from January 1st, 2021 - March 31st, 2022. The award highlights the positive engagement with the sector that have directly resulted from active agreements and/or collaboration that this corporation is now involved in BC.
Company can be located inside or outside the province of BC Must be recognized for their commitment of promoting and supporting the life sciences sector in BC Must have contributed significantly to the development or success of the life sciences sector Has positive impact on more than one organization in the BC life sciences sector Investment and/or collaboration can cover a broad range of impacts (e.g. employment, supply chain, prototype development)
This award is presented to a company developing a non-biopharmaceutical medical technology that stood from January 1st, 2021 - March 31st, 2022. by achieving major milestones. This award acknowledges a unique solution or product that clearly demonstrates an alternative solution or a next-stage development in medical technology.
Company must be a medical device, diagnostics, digital health, AI or e-health company located in BC Company must have at least two years of operating results Company has raised greater than $5M in capital or company's annual revenue exceeding $3M Company has a minimum of 10 employees, or full-time equivalents, including consultants The featured/key product or solution of the organization must be commercialized Company has excellent and proven execution of business strategies Company holds effective leadership following a clear vision Company has a key market position/opportunity and/or sustainable strategic advantages leading to strong business results Has been involved in a significant transaction in the last 15 months
This award is presented to a company that is operating in the BC life sciences sector and whose accomplishments stood out from January 1st, 2021 - March 31st, 2022, by a strong overall performance. This performance may be measured by achieving major milestones such as moving the business from an early stage to a more mature company, raising significant funds, launching a product on the market and/or achieving or nearing commercial success.
Company is headquartered in BC with majority of their operations here Company must have more than five years of operating results Company has secured capital of greater than $25M in capital or company's annual revenue is projected to reach in excess of $10M Company has excellent and proven execution of business strategies Company has demonstrated effective leadership following a clear vision Company has a key market position/opportunity and/or strategic advantages leading to strong business results
This award is presented to an exceptional senior executive in celebration of an outstanding career within the life sciences sector. The individual's contributions may be an innovation, new knowledge, or ways to improve professional practice. The performance will be based on several factors including financing, partnerships, accomplishments of milestones and growth.
May currently be living outside of BC, but must have made the majority of their contributions in BC Lasting impact of contribution(s) throughout their career Demonstration of leadership and inspiration to others in the sector Mentored young and upcoming members of the life sciences sector Overcoming of obstacles throughout their career Positive influence on the sector on a provincial, national and/or international level Was involved in significant deals that benefited the BC life sciences sector
This award is presented to an early-stage life sciences company which, although not yet achieving commercial success, has demonstrated outstanding performance and realized significant milestones from January 1st, 2021 - March 31st, 2022 and is positioned well for potential future commercial success.
Company is headquartered in BC with their majority of operations here
Company must have more than two years of operating results
Company has added a minimum of 10 employees or full-time equivalents (including consultants), in the last two years
Company has a proven ability to secure capital (through public, private or other sources) and has raised a significant round of capital in the last two years
Company has had a key transaction from January 1st, 2021 - March 31st, 2022 that will benefit the company's growth
Company has a key market position/opportunity and/or strategic advantages with the possibility of leading to strong business results in the future
Strategic decisions made by management (e.g. ability to raise capital, demonstrated ability to achieve profitability) that led to significant growth or expansion from January 1st, 2021 - March 31st, 2022
This award honours an individual or group located in BC who/that has received significant national or international recognition in the field of genomics/omics including bioinformatics and systems biology.
Scientific contribution to advancing the relevant fields of genomics, proteomics, bioinformatics or systems biology, including both the scientific task and how that task contributed to the resolution of the issue Multiple successful and key efforts utilizing original techniques or research methods in the relevant fields Monumental work and innovative ideas and/or viewpoints Commitment to collaborative and interdisciplinary research Technical and/or non-technical scientific achievement and/or challenge New successfully executed research of national and/or international importance Proven outcomes, benefits and/or extraordinary results Publication in peer-reviewed journal and citations of work by other authors
Life Sciences, Biotechnology, Biotech, Industry Association, Science
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LifeSciences British Columbia is an industry-funded association that supports and represents the life sciences community of British Columbia through leadership, facilitation of investment and partnering, advocacy, and promotion of our world-class science and industry.
All life sciences sectors, from biopharmaceuticals and medical devices, to bioproducts and bioenergy, forest, agricultural and marine biotech, are integrated into our organization and all that we do, ensuring that no life sciences sector is working in isolation — and that all sectors come together in a comprehensive, complementary and coordinated fashion.
Throughout the year, LifeSciences BC undertakes numerous programs and projects in support of these sectors. These include public policy initiatives, facilitating linkages between global industry and our local organizations, raising the profile of our industry internationally and thus facilitating investment and global partnering opportunities, and helping nurture economic development in British Columbia through the life sciences industry.
What does LifeSciences BC do?
Here are just a few of the activities LifeSciences BC carries out under our four strategic areas:
1. Active Facilitation of Investment and Partnering
LifeSciences BC connects our Members and Sponsors to global investors and strategic partners through several avenues including:
LifeSciences BC's on-line directory of companies, research institutions and technologies
Regular targeted strategic partnering events with top-tier multinationals
Co-producing of the annual BioPartnering North America, the largest stand-alone biopharma partnering event on the continent, and an event that regularly attracts delegates from over 25 countries
Our Life Sciences Ambassador Programme, whereby Members' and Sponsors' international business development objectives are supported by a seasoned LifeSciences BC executive on the ground in Europe. This representative is also connected to a global network of fellow Ambassadors in order to build the international partnerships companies are looking for.
Hosting of additional international conferences in British Columbia such as BIO's 2008 Pacific Rim Summit on Industrial Biotechnology and Bioenergy
Regular hosting of incoming business and research delegations from around the world, and coordination of outgoing BC missions to leading international clusters
2. Advocacy and Public Policy Development
LifeSciences BC is regularly consulted by local, national and international bodies on a variety of issues related to science and technology, research and innovation. Through these consultations, we ensure that the BC life sciences industry has a voice at every table, and that voice is one of credible insight into not only the development of our local life sciences industry, but how science and technology affects the lives of everyone globally.
LifeSciences BC also proactively ensures that life sciences is a key priority on the agendas of our various levels of government, and positions the industry as a valuable partner in bettering our city, province and country. By working directly with government on a vast array of policy recommendations, we aim to create an environment which enables the successful execution of Members' and Sponsors' business development goals.
Following are just a few examples of our advocacy efforts and successes:
Development of our position paper, Building World-Class Biotech Businesses in BC — a blueprint for both government and industry to reach our full potential as a leading life sciences cluster
Formal submissions to key consultations such as the BC Conversation on Health and annual budget planning cycles
Leading role on the Pharmacare Taskforce, a collaboration between academia, industry and government whose twelve recommendations on BC's Pharmacare program were accepted in their entirety by the Provincial Government
Collaboration with the Provincial Government to gain approval for enhanced federal Intellectual Property and Data Protection
Introduction of changes to the provincial International Financial Activities Act to provide companies deriving income from life sciences patents tax savings of up to $8 million/year
3. Marketing and Promotion of our World-Class Science and Life Sciences Industry
LifeSciences BC actively works to raise the local, national and international profile of the companies and research institutions that make up British Columbia's life sciences industry. These efforts have led to major international exposure for Members and Sponsors, and subsequent investments and partnering deals. Below are some of the promotion vehicles we continually manage and utilize:
A coordinated strategic British Columbia presence at major international life science conferences such as BIO, BioPartnering Europe, The World Congress on Industrial Biotechnology, BioJapan and AusBiotech to name just a few
Production of the Annual LifeSciences BC Awards to recognize exceptional individuals and companies for their contributions to the industry, and to highlight to the local community, the importance of the life sciences sectors
A robust website that receives over 15,000 hits a month, and that acts as a central portal into all things life sciences in BC, including industry news and events, statistics and information, business development opportunities, resources, employment opportunities, and much more
Biolinks — LifeSciences BC's monthly electronic life sciences newsletter distributed globally to over 5,000 key contacts
4. Development and Support of our Human Capital Through Member Mentoring, Education and Networking
Through LifeSciences BC, Members and Sponsors are provided the opportunity to get informed on the latest issues affecting the industry, get connected to their peers, and get personal advice from industry leaders and experts. Following are just a few ways in which we enable this:
LifeSciences BC's BC Excels Mentorship Program for executives from emerging companies seeking to enhance their own professional development, and their company's product plan, commercialization and intellectual property protection strategies
Quarterly Breakfast Speaking Series featuring national and international industry leaders and local companies
Medical Device and BioProducts and BioEnergy Seminar Series to address topics of specific relevance to members from these sectors
Monthly Industry Roundtables on topics of relevance to all member sectors
Our Annual Salmon Barbeque — a networking event that every year brings together over 200 members of the broad life sciences community
Delivery of Biotech 101 — Biotechnology and Beyond: Introduction to the Life Sciences Industry two-day course for non-scientists
Delivery of the sanofi-aventis BioTalent Challenge — a science fair competition for high school students where they are mentored by a scientist from our community