In the past, a new biotech company would hire a full team of senior executives, lease a building, buy equipment and hire scientists and technicians.

Coincident with Ms. Decelles' arrival, Dr. Clarissa Desjardins, outgoing CEO, is leaving to manage a start-up biotechnology company.

If these studies are effective, Roberts is optimistic that the new material could become the basis for a biotech company.

But in this article, Cloutier dispels these myths while giving us the inside scoop on what it takes to grow a new biotech venture in the province.