AbbVie and BioLabs Team Up to Support Life Sciences Innovation in Canada
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AbbVie has partnered with BioLabs to support life sciences innovation in Canada by becoming the founding sponsor of BioLabs University of Toronto. The partnership aims to accelerate life science research and benefit people living with serious diseases.
AbbVie, a global biopharmaceutical company, has expanded its partnership with BioLabs by becoming the founding sponsor of BioLabs University of Toronto. The new facility, located in Toronto's MaRS Discovery District, provides 40,000 square feet of laboratory and collaboration space for up to 30 emerging biotech startups. The partnership aims to accelerate life science research and support Canadian life sciences entrepreneurs. AbbVie will offer the annual AbbVie Biotech Innovators Awards, providing a recipient with laboratory and office space, mentorship, and access to shared equipment. The collaboration supports Ontario's life sciences sector, which employs over 74,000 people, and aligns with the Ontario Life Sciences Strategy to establish a biomanufacturing and life sciences hub. The partnership will foster innovation, growth, and the translation of scientific insights into clinical impact.
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