Canada’s biotechnology sector has expanded rapidly in the last decade, in terms of industry-wide revenues, the launch of new companies, and in the continued diversification of products. Canada is one of the top five countries in the world in this vital field. Canada’s high international standing in biotechnology is a reflection of its leading-edge research, a proven entrepreneurial approach that emphasizes clusters and partnerships, and an established financing and venture capital base. The federal government’s leadership in the areas of economic and innovation policy has contributed to Canada’s success in biotechnology, by stimulating the development of a critical mass of research infrastructure; large pools of post-graduate and post-doctoral researchers; world-class academic, public and private sector research investigators; entrepreneurs; and a supportive business climate.