The Province is providing $195M in funding in life sciences

The province is providing 195-million dollars in grant funding to help attract and retain top researchers in the life sciences field.

Jobs Minister Ravi Kahlon says Michael Smith Health Research B-C will get 116-million dollars while Genome BC will get the rest in order to spur innovation.

This is big! 🙌🙌
BC’s #lifesciences sector is creating medical #innovations & #research that improve health care delivery around the world! https://t.co/TbmshAwBCu

— Brenda Bailey, MLA (@BrendaBaileyBC) March 2, 2022

Kahlon says the province wants to leverage B-C's contributions to developing and manufacturing COVID-19 vaccines towards learning how to deal with future pandemics.

He says the funding could also help advance research in a range of areas including the development of new medications, rapid diagnostic tests for diseases and clean technology.