From: Entrevestor
Date: Dec. 12, 2024
The life sciences association is seeking a successor to its long-time CEO.
PEI BioAlliance is seeking a new CEO after long-time leader Rory Francis announced his retirement.
Founded in 2005, the PEI BioAlliance supports a bioscience cluster on the island of more than 60 companies with an annual combined revenue of over $600 million, which is expected to grow to $1 billion of revenue in 2030, the group said in a statement.
Francis has spent the last twenty years championing the development of the cluster. Most recently, he secured the investment to develop a $50 million BioAccelerator that will give local small and medium-sized enterprises access to the type of best-in-class facilities essential to compete in the global biomanufacturing market, the group said.
“We wish Rory, our tireless champion, all the best in his retirement and we recognize the pivotal role he has played in the success of so many life sciences companies. His talent to bring partners together and enthusiasm for business in the province will be missed,” said Charmaine Noonan, Chair of the Board of Directors, PEI BioAlliance.