RE:NASDAQ and Access to CapitalThis is the scale of investment Ronnie Miller oversaw...
$500 million.
MISSISSAUGA, ON, Oct. 16, 2020 /CNW/ - Hoffmann-La Roche Limited (Roche Canada) is pleased to announce a major jobs investment into Ontario's life sciences industry. At a time when Canada and the world are looking to the sector to lead in testing, treatment and post-pandemic economic recovery, this investment will bring up to 500 highly skilled and specialized full-time positions to the province of Ontario. This $500 million investment over five years will establish Roche's Global Pharma Technical (PT) Operations site at its Canadian pharmaceutical headquarters in Mississauga. By the end of 2020, Roche will have hired 200 skilled jobs and up to 300 more by the end of 2023.
"Ontario was selected for this investment based on a strong competitive business environment, exceptional talent pool, and a government committed to fostering growth in the sector," says Ronnie Miller, President & CEO of Roche Pharmaceuticals, Canada. "We applaud the hard work done by the Government of Ontario and the Premier's Office to foster a business environment that can compete internationally to attract investment opportunities, and Roche's commitment to add up to 500 specialized positions is a direct result of these positive changes."