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London calling: Island animal health companies explore international opportunities

Led by the Prince Edward Island BioAlliance, a delegation of Island-based animal health and nutrition companies flew to the United Kingdom for today’s opening of the Animal Health Investment Europe 2020 forum, which runs until February 26, 2020.

While in London, company executives and organization representatives from PEI’s bioscience cluster will explore opportunities to expand markets, establish partnerships, and raise capital to fuel expansions. The BioAlliance and Innovation PEI will promote PEI for its concentration of expertise in animal health and nutrition product development and commercialization. Exports of cluster companies’ innovative products also enhance PEI’s importance as an active participant in the global market for animal health and nutrition products.

“By attending this forum, we will also identify companies that are poised for investment and expansion into North American markets, and will introduce them to the advantages of a PEI location,” said Rory Francis, Chief Executive Officer, PEI BioAlliance. “Specifically, we are seeking European companies and multinationals that see strategic value in a Prince Edward Island location because of our cluster’s science and technology capabilities and our strength in assisting early stage companies in commercializing their products.”

Another reason for attending the forum is to further heighten industry awareness of VetHealth Global 2021. June 22 to 24, 2021, will mark the eighth time that the PEI BioAlliance has drawn international companies and investors to Charlottetown for VetHealth Global, its signature business conference on veterinary health and nutrition. Every two years, more than 200 global industry executives, regulators and investors converge on the Island to explore partnering opportunities, discuss trends and challenges affecting companion and food animals, and tour PEI’s cluster facilities.

“Opportunities for an early stage company like ours to connect with the global network of decision-makers in the animal health sector are invaluable,” said Dr. Andrew Trivett, CEO of Fieldetect, a UPEI spinout that is developing an on-farm diagnostic tool for early identification of virus-based diseases for swine and other livestock applications.

PEI’s delegation includes representatives from: BioTraceIT, The Center for Aquaculture Technologies, FieldEtect, MicroSintesis, Simini Technologies, VetNow, Natural Products Canada, Synapse, Innovation PEI and the PEI BioAlliance.

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