Today, Roche Canada and the Government of Ontario along with Invest Ontario announced a significant investment in Mississauga of more than $130 million over five years. This investment will create up to 250 new jobs in innovative areas like artificial intelligence (AI), machine learning, computational biology and data analytics. This further expands our city’s Life Sciences sector, with an emphasis on the rapidly growing field of bioinformatics.
Mississauga’s Life Sciences sector is thriving and is an economic engine for Ontario and Canada. With over $2.7 billion in contributions to GDP, this announcement reinforces our city’s position as a leader in Life Sciences. We thank Premier Ford and the Government of Ontario as well as Roche Canada’s President and CEO Brigitte Nolet and Matheus B Vieira, President and General Manager, Roche Diagnostics Canada for their support and investment in Mississauga. We are excited to see what’s next as Roche continues to expand and contribute to our community’s success.
Read the full press release on the Invest Ontario website here.