[ focus ]for the bioeconomy

Ag-West Bio Inc. 2007 Annual Report

[vaccines & immunology]

[health & nutrition]

[biofuels & bio-products]

[infrastructure]

AboutAg-West Bio

Ag-West Bio is a key linking agency forSaskatchewan’s life sciences industry. We buildon existing capabilities and resources to achievestrong and profitable sectors in biotechnology,biofuels, bio-products, health and nutrition.Ag-West Bio responds to the needs of memberorganizations and Saskatchewan stakeholderswith a variety of services, and addresses barriersto innovation in the operating environment.

Ag-West Bio:

• Directs investment toward growing firms withgreater responsiveness and efficiency than thetraditional financial sector

• Enhances the mobility of information byfacilitating networking

• Raises awareness by public institutions ofindustry positions on important issues throughthe organization of direct contact opportunitieswith the private sector

• Provides a focal point for action and visibleleadership within the industry

A history:Ag-West was founded in 1989 to initiate, promoteand support the growth of Saskatchewan’s agri-cultural biotechnology industry by fostering thecommercialization of related technologies. A re-organization in 2004 saw Ag-West Biotech mergewith two complementary provincial associations;Bio-Products Saskatchewan and the SaskatchewanNutraceutical Network. Ag-West Bio emerged fromthe amalgamation with a focus on commercializ-

ation of biological applications in agriculture,environment, industry, energy and bioprocessing,as well as nutrition and health.The creation of Ag-West Bio was a logical organ-izational progression because of the economicopportunities presented by the emerging bio-based economy. It is based on Saskatchewan’scomparative agro-ecological advantages, its life

science industry base and its unique science andinnovation infrastructure. Saskatchewan now hasa single organization bringing a coordinatedapproach to capturing maximum economic, socialand environmental value.

“The range, depth and qualityof services that Ag-West Bio

provides in support ofSaskatchewan’s life sciencesindustry continue to grow.Saskatchewan is the clear

Canadian leader in thedevelopment of its ag-biotech,

nutraceuticals, functional food,and bioproducts and bioenergy

sectors. Keep up the good work.”~ Peter McCann ~

Executive Director, Industrial and EnvironmentalBiotechnology for BIOTECanada

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A Letterfrom the

Chair

Messagefrom thePresident

~Armand LavoieOver the past three yearsI have had the privilege toact as Chair for Ag-West Bioand witness tremendousachievements. Whether our focus was on com-mercialization through investments, mentorship orfacilitation, business leadership, public relations,communications or strategic events, Ag-West Biohas delivered the highest quality results.I am stepping down from Chair of the Ag-West BioBoard of Directors at a time of growth, as theorganization forges ahead as a major player infurthering Saskatchewan’s bio-economy. This hasbeen made possible with the support of Sask-atchewan Agriculture and Food and my deepestthanks are extended to their Department.I have thoroughly enjoyed my time as Board Chair.I thank the other Members of the Board for yourtireless efforts, and for sharing your expertise andwise counsel.To the new board members becoming a part of thisdynamic organization, I welcome you and lookforward to working with you to help Ag-West Bioposition Saskatchewan as a global bio-economypowerhouse.

~ Dr. Ashley O’SullivanGrowing concerns about theenvironment and a demandfor green technologies isdriving the bio-economy.

Ag-West Bio continues to lead the way forSaskatchewan, adding value through investmentsand business support activities in new technologies,leading-edge science and emerging companies.An important event this year was the releaseof a report entitled Building Saskatchewan’sBio-economy: A Life Sciences Strategy. The reportacknowledges fierce global competition andthe importance of staying ahead of the curve. Itgives detailed recommendations to enableSaskatchewan to remain a leader in theglobal bio-economy. Following through on theserecommendations has become a priority forAg-West Bio, and local support has been strong.On behalf of Ag-West Bio’s staff and directors, Iextend our sincere gratitude to SaskatchewanAgriculture and Food for your support. To ourmembers and stakeholders, thank you for yourinvolvement in our organization; we are committedto your continued success. To the Board of Directors;thank you for sharing your knowledge andexperience with us, and for the time you’vecommitted to our mission. It has been our pleasureworking with all of you this past year.

Ag-West Bio’s vision: creating

value in agriculture, food, health

and bio-based industries through

leadership in the application of

science and technology for the

benefit of Saskatchewan people.

Our mission is to lead and support

the development of an economi-

cally viable life sciences cluster in

Saskatchewan in a way that will

translate into significant economic

benefits and spin-offs to the

Saskatchewan and Canadian

economy. Ag-West Bio Inc. will

expedite the commercialization of

value-added products by linking

knowledge and investment with

science and enterprise in the

development of products that

satisfy market needs.

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Ag-West Bio:focus on teamworkThe Staff and Board of Directors at Ag-WestBio are committed to serving the life sciencescommunity in Saskatchewan. We are proudof this province, and working to advance thebio-economy is our focus.

A number of people have joined our staff thisyear. Darcy Pawlik has recently moved fromCommunications Director to Director ofRegulatory Affairs, Kevin Haakensen isAg-West Bio’s Investment Analyst, andLois Krauter leads the Ag-West Bio team asGeneral Manager.

Ag-West Bio’s Staff

Dr. Ashley O’SullivanPresident and CEO

Ron KehrigVice President, Biofuels and Bio-products

Dr. Lisette MascarenhasVice President, Health and Nutrition

Lois KrauterGeneral Manager

Darcy PawlikRegulatory Affairs Director

Kevin HaakensenInvestment Analyst

Susan KuzmakExecutive Assistant

Shelby SluthAdministrative Assistant

Jazmin BolañosProject Coordinator

Jackie RobinCommunications Assistant

Communications Officer andAccounting Assistant to be announced

Ag-West Bio’s Boardof Directors

Armand Lavoie (Chair)VP, Western Canada,Foragen Technology Ventures Inc.

Abdul JalilDirector of Research Branch,Saskatchewan Agriculture and Food

Pete DesaiPresident, Desai & Desai Inc.

Ian NewtonManaging Director, Ceres Consulting

Ian McPhaddenProducer

Robert MorganPresident and CEO, POS Pilot Plant

Brigitte WestonGlobal Clearfield Development Manager,BASF Plant Sciences

Kevin GellatlyVP, Alliances, Performance Plants Inc.

John HyshkaChief Financial and Operating Officer,Phenomenome Discoveries Inc.

Karen ChadAssociate VP Research,University of Saskatchewan

Susan MilburnVP, Raymond James Ltd.(observer)

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A focus for excellence: the Life Sciences Sector Study

strategy designed to bring focus, build critical mass,help the province grow a sustainable bio-economyand compete internationally.The report makes 20 specific recommendationsto address a wide range of factors. Theserecommendations include:• Building leadership in biofuels,

bio-products, nutrition, health andwellness

• Capitalizing on strengths inimmunology, vaccines and contractresearch services

• Increasing investment in researchand development

• Developing, attracting and retaininga talented work force

• Increasing the number and strengthof Saskatchewan’s life sciencecompanies

• Attracting risk capital• Communicating the strengths of

Saskatchewan in the life sciences

Saskatchewan’s life sciences business community,our scientists, investors and entrepreneurs, primaryproducers, policy makers, and governments willdetermine the success of our province’s bio-economy. The community has identified itspriorities through this report; the challenge willbe in maintaining a disciplined focus.Ag-West Bio is here to facilitate the efforts ofthe stakeholders and foster the strengths theyencompass to compete on a global level.

Lynne Yelich and Eric Cline look on as Ron Kehrigspeaks at the release of the Life Science Sector Study.

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“The Government ofSaskatchewan is proud to supportAg-West Bio Inc. Their leadership

and cooperation with theConference Board of Canada to

develop Building Saskatchewan’sBio-economy: A Life Sciences

Sector Strategy, a new vision forthe province’s life science sector,

will help ensure a prosperousfuture for Saskatchewan’sbio-economy and citizens.”

~ Honourable Mark Wartman ~Minister of Agriculture and Food

Being an industry leader in the twenty-firstcentury is a challenging task. It requires foresight,ambition, as well as specific skills and resourcesto maintain a competitive advantage. To identifythe province’s strengths and determine where our

efforts should be focused, areport was commissioned byAg-West Bio, Industry Canada,Saskatoon Regional EconomicDevelopment Authority,Saskatchewan Agriculture andFood, Saskatchewan Industryand Resources and WesternEconomic Diversification.Building Saskatchewan’sBio-economy: a LifeSciences Strategy was

developed by the ConferenceBoard of Canada after consultation with over100 life science leaders in Saskatchewan. It is a

A message fromDr. Lisette MascarenhasSaskatchewan’s legacyof invigorating theCanadian health caresystem sets the foun-dation for a leadershiprole in the conceptionand development ofproducts and services

related to health and nutrition for both humansand animals.Ag-West Bio works to support Saskatchewan-based entrepreneurs and researchers developand commercialize their existing and newproducts and services. In the past year we havesupported Saskatchewan companies in path-finding and developing nutritionally enhancedfoods or feed, functional foods, natural healthproducts and nutraceuticals. Furthermore, wehave enabled the development and growth ofbiodiagnostics companies. These products andservices represent the future of the health andnutritional sciences industry in Saskatchewan.A growing interest in the need for personalized,predictable and preventative medicine is thedriving force that is revolutionizing present dayhealthcare. Ag-West is enabling Saskatchewanfirms to take advantage of these emergingopportunities.Many chronic diseases, such as type 2 diabetes,are related to diet and nutrition; therefore, ourapproach to health and nutrition in Saskatchewanis to emphasize the interface between agricultureand health sectors. For a region with 40 percentof Canada’s agricultural land, combined withresearch and processing expertise and infra-structure, functional foods, nutraceuticals andnatural health products are a logical fit and

Health &Nutrition

provide an enormous opportunity to diversify andadd value.Success in the health and nutrition area arisesfrom our expertise in agriculture, food and naturalproducts science, food processing technologies,pharmacy and nutrition, medicine, and animalscience — all areas of strength for Saskatchewan.Being involved with committees and boards suchas Nutri-net Canada, and Western CanadianFunctional Foods and Natural Health ProductsNetwork has helped Ag-West Bio facilitate manyendeavors of various companies. Some examplesinclude helping companies develop productconcepts, business mentoring, pathfinding andinvestments for products and services. Theseactivities are carried out in various markets, suchas human and adult animal surgical materials,companion animal food, beverages, nutraceuticals,pharmaceuticals, cosmeceuticals, diagnostics,functional foods and natural health products.

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The first annual AnimalHealth and NutritionWorkshop (Research toBusiness Excellence)brought experts togetherto explore research andbusiness opportunities andhighlight new discoveriesin the field.

Transforming animal health issues such as zoonotic diseases into scientific disciplines and protectinglivestock and humans are major strengths for Saskatchewan-based research institutes such as VIDO.Provincial strengths in agriculture are the basis for not only nutritional aspects of human health anddisease prevention and management but also as a focal point for animal health and nutrition. Thesedevelopments ensure that the province will benefit from the overlap and shared characteristics of thesectors. By hosting events like this, unique to Saskatchewan, Ag-West Bio is helping to facilitategrowth in the industry.

Almost 24,000 attendees from morethan 75 countries converged at theIFT Food and Expo 2007 in Chicagoto hear about the latestdevelopments in food scienceand technology, learn aboutthe hottest products andtrends, and forge newprofessional partnerships.Ag-West Bio and theSaskatchewan FoodIndustry DevelopmentCentre co-led theSaskatchewandelegation on theexhibit floor to intriguethousands of

attendees with their innovative food ingredients and services. Agriculture and Agri-FoodCanada, CanMar Grain Products, FarmPure Foods, Mustard Capital Inc. and POS PilotPlant completed the delegation. With an overwhelmingly positive response, Ag-West Bioplans to continue leading enthusiastic teams of new and emerging Saskatchewan companiesto high profile global events such as the IFT in the future.

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In July, Ag-West Bio led the Saskatchewan Solutions Team to IFT Foodand Expo 2007 in Chicago.

Biofuels &Bio-products

A message fromRon KehrigThe age of biology is uponus and presents manyopportunities! Ag-West Biois ensuring Saskatchewantakes advantage of newscience-based businessopportunities. With

science, business and policy interests alignedtowards reducing our environmental footprint andcreating alternatives to petroleum-based fuels andother industrial products, the bio-economy isgrowing stronger and attracting capital here.The biofuels industry and related renewableenergy products and technologies provide agreat opportunity to develop sustainable energy,and through integrated biorefineries, otherancillary high-value products. We are committedto ensuring Saskatchewan takes advantage of itsability to not only grow biomass, as starch,cellulose, fibres and plant-based oils, but also todevelop viable systems and business relation-ships to capture value through applied productsand processes.Saskatchewan is already well positioned with astrong research foundation in plant based productsand a healthy group of technology companies in

the bio-economy space. Ag-West Bio is busyfollowing through on the recommendation madeby the Conference Board of Canada to establishan industry-led centre for biofuel and bio-productsresearch and development. This further alignmentof R&D capacity and resources will have us “firingon all cylinders” to deliver on new and next gen-eration biofuel and bio-product opportunities.Saskatchewan’s position as a powerhouse in thebio-economy is dynamic, with an active communitycontinually pursuing innovative ideas and businessventures.Ag-West Bio is active on many committees thatplay a major role in the bio-economy, including:the Executive Committee of the Farm LeadersAdvisory Group; the Saskatchewan BiofuelsDevelopment Council; the External Advisory Panelfor the Canadian Biomass Innovation Network;BIOCAP Canada Inc.; the Advisory Board for theFeeds Innovation Centre; the National Bio-Products Program Committee, BIOTECanada Inc.– Industrial and Environment Committee and theAAFC Oilseeds Roundtable – Non-Food UsesSub-committee.Ag-West Bio ensures that an active communi-cations network is maintained relating to theinterests of its stakeholders. Understanding therelevant information is an important factor in thecommercialization of local goods and services.

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Two of Ag-West Bio’s objectives are to facilitateknowledge sharing and offer networkingopportunities. A number of workshops were heldthroughout the year to bring together industryand business leaders with our members and thecommunity.In October 2006, Ag-West Bio hosted over 170local, national and international delegates duringthe bio-logical futures™ III conference held atthe Delta Bessborough in Saskatoon.The conference featured 28 nationaland international speakers andhighlighted recent advances in the bio-productsindustry, including updates on bio-energy, bio-materials, bio-based chemicals and co-products.

“Saskatchewan’s critical mass ofscientists working with its innovative farmers

will play a significant role in ensuring theresponsible use of its large land base and its

water resources to grow crops and feed animalsthat will supply the many diverse products

required by the future bio-economy.”~ Graham Scoles ~

Acting Dean, College of Agriculture and Bioresources, U of S

February marked another success in the series of Plant Bio-Industrial OilsWorkshops presented by Ron Kehrig, Ag-West Bio’s VP of Biofuels and Bio-products, and Wilf Keller, Director of Research at National Research Council -Plant Biotechnology Institute. Scientists, industry leaders and academics gatheredin Saskatoon to learn about the latest developments in Plant Bio-Industrial Oils andnew opportunities arising from the bio-economy.In March, Ag-West brought Jeremy Tomkinson, Director of the UK NationalNon-Food Crop Centre, to Saskatoon to conduct a one-day Bio-products andBio-processes seminar.

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AgriculturalBiotechnology

By playing an integral role on a variety of highprofile committees and Boards, such as Chairmanof ABIC, Vice Chair of Genome Prairie, Board ofAgriculture Council of Saskatchewan andBioTalent Canada, Ag-West Bio stays in tune withthe pulse of the nation. We also participate in anadvisory capacity on the Biofuels Opportunities forProducers Initiative, Canada-Ireland BioLink andNational Institute of Agricultural Biotechnology inIndia.Ag-West Bio is a strong proponent of the researchand development infrastructure housed in theprovince. We make every effort to promote theircapabilities in a variety of publications, by leadinginternational delegations through their facilitiesand introducing important contacts to localresearchers, business people and governmentofficials. We believe a great deal of the province’ssuccess is directly related to the efforts of theseinstitutions and the leaders that bring them to life.

“Ag-West Bio is extremely proud ofthe success of the ABIC conference.The event has grown to become oneof the world’s premiere conferences

on agricultural biotechnology.”~ Dr. Ashley O’Sullivan ~

Ag-West Bio President and CEO and ABIC Foundation Chair

University of Saskatchewan: TheCollege of Arts and Science, theCollege of Medicine, the WesternCollege of Veterinary Medicine, theVirtual College of Biotechnology andthe College of Agriculture and Bio-resources focus on the life sciences.The university brings together human,plant and animal science to enableinterdisciplinary research.

Agriculture and Agri-food CanadaSaskatoon Research Centre:Specializing in agricultural bio-technology. Research farms inSaskatoon, Melfort and Scottfocus on improved germplasmof oilseed and forage crops, cropproduction and pest controlpractices for the Parkland regionand products and processes thatexpand the utilization of Prairiecrops.

Vaccine and Infectious DiseaseOrganization (VIDO): A world leaderin the research and development ofvaccine and immunotherapeutictechnologies for livestock andhumans. Credited with five “worldfirsts” in animal vaccine research,and is expanding into human healthapplications.

The ABIC Foundation is a not-for-profitorganization, managed by Ag-West Bio and

overseen by a board of directors withrepresentation from several countries.

The Foundation’s goal is to ensure on-goingopportunities for continuous learning and

networking within the ag-biotech communitythrough the ABIC conference.

ABIC 2008 will take place in Cork, Ireland.

Ag-West Bio promotes our strongresearch infrastructure which isanchored by world-class facilitiesincluding:

Prairie Agricultural Machinery Institute (PAMI):Applied research, development and testingorganization in evaluating agricultural machinery,and developing new technologies, equipment andstrategies for traditional and new farmingpractices.

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University of Regina: The Universityis involved with the PetroleumTechnology Research Centre alongwith Natural Resources Canada,Saskatchewan Industry andResources, and the SaskatchewanResearch Council.

National Research Council – PlantBiotechnology Institute (NRC-PBI): Key research areas includecrops for enhanced human health,cell technologies, lipid biotech-nology, molecular and developmentgenetics, plant natural products andprotein research.

POS Pilot Plant: Contract research,toll processing, and analyticalservices organization that specializesin extraction, fractionation, purifi-cation and modification of bio-basedmaterials.

Saskatchewan Research Council(SRC). Develops tests for assessinggenetic diversity and collaborativeefforts to develop new vaccines andgene therapy products.

Canadian Light Source Inc. (CLS).Canada’s only synchrotron focusingon biotechnology, pharmaceuticalsand medicine; mining, naturalresources and the environment; andadvanced materials, informationtechnology and micro systems.

Ag-West led theSaskatchewanSolutions Team

to BIO 2007 inMay. Ag-West Bio is

a founding member of BIO, which hasbecome the world’s largest bio-technology conference and tradeshow. The team, comprised of theCanadian Light Source, InnovationPlace, Performance Plants, PrairiePlant Systems, Saskatchewan Industry andResources and Saskatchewan Research Council,spread the stories of success and capabilitiesencompassed in Saskatchewan’s life sciences cluster.Ag-West Bio organizes and promotes eventsdesigned to educate the Saskatchewan public andstakeholders during National BiotechnologyWeek in September. Each year the Saskatchewanschedule of events gets better.At ABIC 2007 in Calgary, Ag-West Bio will host aSaskatchewan networking meeting on Monday,September 24th designed to allow internationalrelationships to be forged with Saskatchewanstakeholders.

“Saskatchewan has a greatnumber of strengths and it is

important to showcase them toan international audience

when we have the chance.”~ Murray McLaughlin ~

Director of Business Development, Canadian Light Source

Right: RCMP in red serge tryout the curling game in theSaskatchewan booth at BIO 2007in Boston.

Below: The SaskatchewanSolutions Team at BIO 2007.

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CommercializationEconomic Impact AssessmentBuilding on past results compiled by Dr. PeterPhillips, Dr. Stuart Smyth completed an economicimpact study to assess the success of Ag-WestBio’s Commercialization Fund. It was found that$10.4 million was invested in 57 projects involving45 companies, creating an estimated 1,268 personyears of R&D employment in Saskatchewan since1989.Ag-West Bio’s investments have allowed the firmsin the portfolio to leverage an additional $74.3million from other funding sources. Ag-West Biounderstands that in most cases additional fundswill be required to help investee companies reachtheir full potential. Therefore, while we nurtureexisting relationships, we place a strongemphasis on forging new connectionswith financing organizations such asGolden Opportunities, Clarity Capital,Avrio Ventures, and SAINT angelinvestors.The total aggregate GDP impact of the$10.4 million invested by Ag-West since1989 is nearly $760 million. Over its first 18years, the fund generated an economic ratioof $55 per $1 invested and a tax recoveryratio of 8.3 to 1. We are extremely proud ofthe accomplishments of our investeecompanies and are committed to the growthof Saskatchewan life science companies.This year’s investmentsAg-West Bio was pleased to announce theinvestment of $300,000 in a Saskatoon basedcompany, Quantum Genetics Canada Inc. Theyhave developed a tool to predict optimal dates toship market ready cattle, resulting in significanteconomic gains to producers.

Quantum Genetics’ test relies on the propensity ofan animal to deposit fat as determined by geneticmarkers associated with an individual animal’sgenotype. This optimization of efficiency is an

innovative tool thatsignificantly adds to theagricultural value chain.A strong, comprehen-sive business plan candetermine the successor failure of an idea. Forthe third year, Ag-WestBio’s Business PlanWorkshop providedentrepreneurs one onone consultations withbusiness experts fromthe University of

Saskatchewan. Participants had the opportunityto complete a business plan, and gain some

business savvy to increase the odds ofsuccess for their business ventures.

Leigh Marquess ChiefOperating Officer ofQuantum Genetics Inc.

“The investment fromAg-West Bio will helpus reach key business

milestones.”~ Leigh Marquess ~

Chief Operating Officer, Quantum Genetics Inc.

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NaturalHealthProducts

Regulatory AffairsWith the appointment of a full-time RegulatoryAffairs Director, Ag-West has been able to focusmore intently on regulatory issues affectingSaskatchewan’s bio-economy.

Canadian agricultureoperates in a highly

regulated environment.In many instances, theinability of Canada’sregulatory environ-ment to keep pace with

technological advancesis impeding the ability of

Canadian companies toinnovate and commercializenew products.Ag-West Bio representsSaskatchewan’s life

science industry in theprovincial and federalregulatory system, high-lighting industry concernsand issues and working toeffect change in an effortto make the regulatoryprocess more transparent,timely, efficient and costeffective.To understand the

regulatory issues facing thebio-economy, a series of consultations with industrystakeholders were conducted. These meetingswere based around three basic sectors served byAg-West Bio: agricultural biotechnology; naturalhealth products and functional foods; and bio-products and bio-processes.

The following regulatory needs were identified:• Harmonization with the U.S. and other countries• Clear, concise guidelines and simplicity of

submission packages• Consistency in regulations and regulatory

decisions• Better interdepartmental communication• Timelines and accountability• Risk-based assessments

The notion thatagriculture can serveas a solution providerto all Canadians,whether for food,industrial products orrenewable energy, willtake us into new facetsof science andregulation. For Canadato lead the global bio-economy, investment is

needed. Maintaining and enhancing our science-based regulatory system will put Canada in acompetitive position to attract foreign R&D dollars.An efficient and predictable regulatory system isa large part of the equation; the removal ofrestrictive regulatory policy and factors inhibitinggrowth must be addressed.Ag-West Bio is taking a leadership role in theprovince to guide, educate and inform stakeholdersof the current and emerging regulatory, standardsand trade issues, and help them work their waythrough the regulatory processes and communicateeffectively with government. This is achieved by

attending workshops and serving on variouscommittees that deal with regulatory issues toensure stakeholders are apprised of current issues.In June, Ag-West Bio and the University ofSaskatchewan Crop Development Centre co-hosted a workshop to discuss issues associatedwith Canada’s approach to novel regulationand present suggestionsto federal officialsregarding waysto improve thesystem.

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Communicating the Saskatchewan Advantage

Communicating Saskatchewan’s successesand embracing our science and technologycommunity through our various publications isproving to be valuable to our members. Overthe past year, Ag-West Bio was mentioned innumerous publications. Our position as aleader and a reliable source for informationregarding the bio-economy is clearly recog-nized. This status also increases promotionalopportunities for our stakeholders.

around the world. This on-line publication coverstopics ranging from agricultural biotechnology,health and wellness, and bio-products, toinformation about innovations, regulations andfinance opportunities. We review events hosted byAg-West Bio, and boast the accomplishments ofSaskatchewan’s life science companies.SUCCESS is a special publication directed atpoliticians to help keep them informed about crucialmatters in which they can make a difference. Policyand regulation issues are brought to the forefrontas well as current topics requiring their attention.Three new information pieces that give an overviewof Ag-West Bio’s sectors were published in January,as well as a special feature piece on the biofuelsand bio-products industry. These items are postedon our website. Printed copies are available uponrequest and are readily distributed nationally andinternationally.Our bi-weekly news clipping service, E-news,continues to keep members informed about new

technologies, issues, trends andopportunities regarding today’slocal and global bio-economy.Ag-West Bio’s website remainsa centre for information andupdates about our own activities,publications and events, alongwith government publications,regulatory and financinginformation. Listings of relatedevents around the world andlinks to websites of interest to

our stakeholders can also be foundalongside information about our members.

Ag-West Bio’s effortswere highlighted at apress conference inMay announcing therelease of the LifeScience Sector Studyand the QuantumGenetics investment.Eric Cline, formerMinister of Industryand Resources, wasinvited to make theannouncement andspoke to the oppor-

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Eric Cline speaks at the releaseof the Life Science Sector Study.

tunities present in the province’s life sciencesindustries. We were also pleased to host LynneYelich, Member of Parliament for Blackstrap andSandra Schillo, Senior Research Associate withthe Conference Board of Canada. Many stake-holders were present, eager to show their supportand encourage us to follow through on the recom-mendations outlined in the report.Ag-West Bio’s second edition of Bio-Solutions magazine was a great success.Articles highlighted opportunities in the bio-economy, financing of startup companies,Saskatchewan’s infrastructure advantages, bio-refineries and the ethanol industry, genomicsand nutrigenomics — and much more. We weredelighted to see not only an increase in content,but a greater variety of authors. We hope tocontinue communicating Saskatchewan’sstrengths and accomplishments through thismedium for years to come.The Bio-Bulletin is distributed bimonthly to over2,500 individuals involved in the life sciences

Ag-West BioMembershipAg-West Bio’s 110 members are a valuablepart of our organization. Keeping theminformed and connected is an important goalfor Ag-West. Networking events, workshopsand ambassadorship opportunities are allavailable to our members at discountedprices. Benefits include our bi-weekly E-news,a “members only” section of the website andour in-house resource library. Member profilesand contact information is posted to ourwebsite.

Ag-West can offer members assistance infinding matching grants and investments, andthe opportunity to access direct investmentcapital through our commercialization fund.

Join Ag-West Bio today to bebetter informed of the issues,

challenges and opportunitiesfacing the bio-economy.

Corporate MembersAbove Board Technologies (R&D) Corp.Advance-Tek Consulting Inc.Agriculture & Agri-Food Canada -

Saskatoon Research CentreAgriculture and Agri-Food CanadaBanda Marketing GroupBASF Plant Science Ltd.Becker UnderwoodBioriginal Food & Science Corp.Canadian Bioenergy CorporationCanadian Light Source Inc., U of SCanMar Grain ProductsCan-Oat MillingCevena Bioproducts Inc.CST Commercialization Services TeamCypress Agri Energy IncDow AgroScience CanadaEmerald Seed ProductsERCO WorldwideFarmPure Inc.Foragen Technologies Management Inc.Foreign Affairs and International

Trade CanadaFytokem Products Inc.Genome PrairieGuardian BiotechnologiesHeads-Up Plant ProtectantsIndustry Liaison Office, U of SInfraReady Products (1998) Ltd.Innovation PlaceLaprell’s Beehive Products Inc.Linnaeus Plant Sciences IncMaple Leaf Bio-ConceptsMarch Consulting Associates IncMCN BioProducts Inc.Milligan Bio-Tech Inc.Mold Solutions LLC CanadaMustard Capital Inc.National Research Council -

Plant Biotechnology InstituteNew Era NutritionNipawin Biomass Ethanol

New Generation Co-opNorthern Vigor BerriesPfizer Canada Inc.PharmEng Technology Inc.Phenomenome Discoveries Inc.

Philom Bios Inc.Pioneer Hi-Bred Ltd.Prairie Agricultural Machinery InstitutePrairie Plant Systems Inc.PricewaterhouseCoopers LLPQuantum Genetics Canada Inc.Sangster’s Health CentresSaskatchewan Canola

Development CommissionSaskatchewan Flax

Development CommissionSaskatchewan Food

Industry Development CentreSaskatchewan Industry & ResourcesSaskatchewan Research CouncilSaskatoon Regional Economic

Development AgencySaskEnergy Corp.SNC-Lavalin AgroThe Pathfinders Research & ManagementThe Saskatoon Colostrum Company Ltd.Titan Clean Energy Projects CorporationToxTest - Alberta Research Council Inc.

E-news is a bi-weekly newspublication that is only availableto Ag-West Bio members.

Canadian Institute of Food Scienceand Technology

Centre québécois de valorisation desbiotechnologies

Greater Saskatoon Chamber of CommerceHealth Care Products

Association of ManitobaManitoba Food Processors AssociationPOS Pilot Plant CorporationSaskatchewan Advanced Technology

AssociationSaskatchewan Environmental Industry &

Managers AssociationSaskatchewan Food Processors

AssociationSaskatchewan Fruit Growers AssociationSaskatchewan Herb & Spice AssociationSaskatchewan Trade and Export

PartnershipWestern Canadian Functional Food and

Nutraceutical Network

Individual MembersJohn CulleyLes BeresLen BykowskiKen GrahamIan NewtonMercedes AlcockPete DesaiElizabeth NashGarnet MartinRobert KallioGV ShankarMary Ellen HodginsMorris JohnsonSanjeev SinghSteve Mamchur

Ian McPhaddenKathy JohnsonNeil WagnerSusan MilburnMichael OelckJoanne PostHugh CampbellKaren ChadRavi Chibbar

University of Saskatchewan,College of Commerce

Victoria Park Capital Inc.Vaccine and Infectious Disease

Organization, U of SWalker Seeds Ltd.

Associate MembersAusBiotechBioAlbertaBioMed SABIOTECanadaCanadian Bioenergy AssociationCanadian Health Food Association

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Microscopes

are symbolic of

scientific research,

and have changed

dramatically

over the years.

The Canadian

Light Source houses

the synchrotron,

the most powerful

of investigative tools

for viewing the smallest

particles on earth.

Ag-West Bio Inc. 101-111 Research Drive, Saskatoon, SK, Canada S7N 3R2 Email: agwest@agwest.sk.ca Web: www.agwest.sk.ca. Tel: 306-975-1939. Fax: 306-975-1966

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