PEI Life Sciences Post Banner Year

Prince Edward Island’s bioeconomy has already surpassed its 2025 growth targets, posting a gangbusters $575 million in revenue in 2021, exceeding 2020’s figure by about $200 million.
Survey data from industry group the PEI BioAlliance of more than 65 companies of varying ages indicates the sector now employs more than 2,300 people, having added 400 new jobs since the beginning of the pandemic.