As an industry, life sciences is on the move in North America. It is growing quickly – and its development is substantially enabled by cryogenic gases. So let’s take a look.
What is life sciences exactly? It is a broad church. It encompasses businesses and organizations involved in the scientific study of living organisms, such as micro-organisms, plants, and animals. This includes biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, and more.
In North America, the industry could be said to be led by biotech companies focusing on medical devices, diagnostics, drugs, and digital health solutions. It also includes agricultural and environmental biotech firms.
It is a space that leans heavily on research and development (R&D), with companies investing in developing new treatments, technologies, and products. And it is also a highly regulated environment, with agencies like the Food & Drug Administration (FDA) in the US and Health Canada overseeing product approvals and safety.
... to continue reading you must be subscribed
