Janssen Inc. Welcomes Recognition of Health/Bio-Sciences Innovation

TORONTO, March 22, 2017 /CNW/ - Janssen Inc. welcomes the recognition of the health/bio-sciences industry in the 2017 Federal Budget as an economic driver and key area of investment in innovation. We look forward to working with the government to build on this recognition by engaging in meaningful and constructive dialogue about how the innovative life sciences sector can continue to contribute to the affordability and sustainability of our healthcare system for all Canadians. We believe life sciences should be central to Canada's innovation strategy.

In order for the sector to reach its full potential, we encourage government leadership to ensure the full health/bio-sciences ecosystem is supported from start-up innovators to commercialization. While the focus on superclusters, talent and scaling are positive steps, in order for Canada to achieve global leadership we must ensure that we have aligned and supportive policies through the ministries of health, innovation, economic development, finance, science and technology.

Our ability to invest in innovation in Canada is directly related to a supportive policy environment for the life sciences sector. Janssen is committed to the Canadian research community and our actions underscore this sentiment. Since 2014, we have committed more than $1 billion in a number of initiatives to contribute to and attract global life sciences investments to Canada.

We are committed to collaborating with government and all other relevant stakeholders to establish a strong research and innovation-based economy and ensure Canadians have access to the best possible healthcare now and in the future.

For more information, visit www.janssen.com/canada/about/innovation.

About the Janssen Pharmaceutical Companies 
At the Janssen Pharmaceutical Companies, we are working to create a world without disease. Transforming lives by finding new and better ways to prevent, intercept, treat and cure disease inspires us. We bring together the best minds and pursue the most promising science. We are Janssen. We collaborate with the world for the health of everyone in it. Learn more at http://www.janssen.com/canada/. Follow us on Twitter @JanssenCanada.

SOURCE Janssen Inc.

For further information: Media Contact: Laura Espinoza, Office: (416) 382-5156, Mobile: (647) 629-1687