Life Sciences 2020: The Future is Here

TOP VC-FUNDED COMPANIES (2019)

COMPANY

ROUND MONEY RAISED LEAD INVESTORS

Repare Therapeutics

2

$82.5M

Cowen Healthcare Investments (Kevin Raidy)

Laurent Pharmaceuticals

$3.0M

Cystic Fibrosis Foundation Therapeutics

My Intelligent Machines

1

$1.9M

Laurent Pharmaceuticals

3

$1.3M

DropGenie

1

NA

enGene

5

NA

Lumira Ventures (Gerry Brunk)

Genia Photonics

1

NA

In-Q-Tel

MyX Therapeutics

NA

JLABS

Optina Diagnostics

2

NA

MEDTEQ

Tavec Pharmaceuticals

2

NA

Sanderling Ventures (Robert McNeil)

RENT VS. VACANCY COMPARISON

SUBMARKET STATS

Asking Rents

Vacancy Rate

AVG. ASKING RENT ($/SF)

INVENTORY (TOTAL SF) VACANCY

$10.00 $12.00 $14.00 $16.00 $18.00

10.0% 12.0% 14.0% 16.0%

Laval

$18.23 Net

4,350,250 13.7%

Vacancy Rate

St. Laurent

$14.26 Net

7,091,374 20.8%

0.0% 2.0% 4.0% 6.0% 8.0%

$0.00 $2.00 $4.00 $6.00 $8.00

Average Asking Rent $/sf

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

Source: Cushman & Wakefield Research

NOTABLE LEASE TRANSACTIONS (2019)

TENANT

SF

LANDLORD

ADDRESS

SUBMARKET

LEASE TYPE

Innovaderm

37,245 Terra Incognita

3530-3540 Saint-Laurent Boulevard

Downtown East

New

Prometic Life Sciences Inc.

16,745 Cominar

440 Armand-Frappier Boulevard

Laval

Renewal

Theratechnologies

14,992 Yale Properties Inc.

2015 Peel Street

Financial Core

New

NOTABLE SALE TRANSACTIONS (2019)

ADDRESS

SUBMARKET SF

BUYER

SELLER

PRICE

TENANTS

255 Norman Street

Lachine

65,000 Groupe Shapiro

Anachemia Canada Co.

$3.4M

N/A

(9396-9319 Québec Inc)

3014 Anderson Street

Terrebonne 8,000 Emco-Inortech ULC Gestion Larmarc inc.

$1.3M

N/A

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Contributors: Kristina Bowman, kristina.bowman@ca.cushwake.com; George Meletakos, george.meletakos@ca.cushwake.com