Ministry of Economic Development and Growth
Province Partners with Apotex to Invest in New Technology
Etobicoke, ON – Aug 30, 2017
Ontario is partnering with Apotex Inc. to invest in new technology and product development at its Etobicoke facility, creating 325 new jobs and retaining 1,265 positions.
Shafiq Qaadri, MPP for Etobicoke North, and Yvan Baker, MPP for Etobicoke Centre, made the announcement today on behalf of Brad Duguid, Minister of Economic Development and Growth.
Apotex is the largest Canadian-owned pharmaceutical company and also among the country’s top pharmaceutical spenders on R&D. The company develops, manufactures and distributes more than 300 generic, affordable pharmaceuticals that are exported to 115 countries worldwide.
With support from Ontario’s Jobs and Prosperity Fund, the company is investing in new manufacturing technology and processes that will expand the company’s product range and enhance productivity.
Strengthening Ontario’s life sciences sector is part of our plan to create jobs, grow our economy and help people in their everyday lives.
Listen to the audio below: