Laval, Québec – September 10, 2024 – BIOQuébec, BioNJ, and Choose New Jersey have announced a new Memorandum of Understanding (MOU) aimed at enhancing cooperation between the life sciences sectors in Québec and New Jersey. The agreement was signed during Choose New Jersey’s Governor-led economic mission in Canada.
“New Jersey is the home of innovation with a thriving life sciences sector reaching new heights through collaboration with industry partners abroad,” said Governor Murphy. “The partnership between BIOQuébec and BioNJ is a step forward in delivering crucial results to advance research and development, education, and overall growth by fighting for patients’ interests in New Jersey and beyond.”
The MOU outlines a framework for cooperation that includes sharing best practices, promoting bilateral events such as trade missions, and participating in joint conferences. This collaboration aims to expand the reach and impact of the life sciences communities in both regions on a global scale.
BIOQuébec’s CEO Benoit Larose commented on the partnership: "We are excited to partner with BioNJ through this Memorandum of Understanding. In the current global context, where the life sciences industry faces both unprecedented challenges and opportunities, it is crucial for trade associations like ours to nurture strong relationships with international partners. Such collaborations not only mitigate the risks associated with volatile supply chains for industry but also create opportunities to generate value for our members."
Debbie Hart, President & CEO of BioNJ, remarked: "Across Québec, the United States, and especially here in New Jersey, numerous companies have forged longstanding and well-established strategic partnerships. Alliances like the one between BioNJ and BIOQuébec serve as catalysts for innovation."
Wesley Mathews, President & CEO of Choose New Jersey added: “As New Jersey’s leading business attraction organization, Choose New Jersey is proud to facilitate this powerful collaboration to bring together New Jersey and Quebec’s formidable life sciences sectors to bolster both economies.”
Further details on specific events arising from this partnership will be shared with members in upcoming months.
About BIOQuébec:
BIOQuébec represents over 220 companies in Québec's life sciences industry. It promotes networking and economic development while acting as a bridge between private sector stakeholders.
About BioNJ:
BioNJ represents 400 research-based life sciences organizations across New Jersey's healthcare ecosystem. It advocates for medical innovation and health equity while providing resources such as access to government leaders.
Reporters interested in more information on the New Jersey Canada economic mission may contact Mahen Gunaratna (mahen.gunaratna@nj.gov) or Ingrid Austin (iaustin@choosenj.com).
For more information:
Benoit Larose
CEO
BIOQuébec
blarose@bioquebec.com
514-217-1167
Randi Bromberg
Sr. Vice President, Communications & Marketing
BioNJ
RBromberg@BioNJ.org
609-890-3158
