Gold Leaf Awards

Celebrating the Best in Canadian Biotech


2026 Gold Leaf Award Winners

The Gold Leaf Awards celebrate the individuals and companies driving progress across Canada’s biotech ecosystem—from breakthrough science and bold company growth to leadership that’s shaping the Canadian ecosystem. Meet the 2026 winners, and learn more about their contributions.

The Biotech Company of the Year Award celebrates a distinguished organization that has made significant contributions to the Canadian biotechnology sector. This award honours companies that have demonstrated exemplary performance and innovation in one or more of the following areas

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  • Technological Advancements: Success in developing and implementing groundbreaking biotechnological innovations that have the potential to transform the biotech industry.
  • Achievement of Business Milestones: Recognizing the company’s ability to reach business milestones that signify growth, market presence, and operational excellence within the biotech landscape.
  • Development of a Robust and Diverse Product Pipeline: The establishment of a solid and diversified pipeline that reflects the company’s commitment to addressing a wide array of healthcare needs, ensuring long-term sustainability, and impact in the biotech field.

This award underscores the recipient’s role as a pillar in the Canadian biotech community, showcasing their dedication to pushing the boundaries of science and business to foster innovation, drive industry progress, and contribute to the advancement of biotechnology in Canada.

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Xenon Pharmaceuticals is a neuroscience-focused biopharmaceutical company dedicated to drug discovery, clinical development, and commercialization of life-changing therapeutics for patients in need. Xenon’s lead molecule, azetukalner, is a novel, potent KV7 potassium channel opener in late-stage clinical development for the treatment of epilepsy, major depressive disorder and bipolar depression. Xenon is also advancing an early-stage portfolio of multiple promising potassium and sodium channel modulators, including KV7 and NaV1.7 programs in Phase 1 development for the potential treatment of pain. Xenon has offices in Vancouver, British Columbia, and Boston, Massachusetts.

The Promising Biotech Company of the Year Award is designed to spotlight small and mid-sized pre-commercial companies that have set themselves apart from their peers through exceptional achievements and forward-thinking approaches. This award seeks to recognize those organizations that are paving the way towards innovative solutions for current challenges, highlighting their potential to significantly impact the biotech industry. The areas of achievement include:

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  • Technological Advancements: Celebrating companies that have made significant strides in biotechnology through innovative research, development, and application of new technologies. This includes breakthroughs that have the potential to transform healthcare, agriculture, environmental sustainability, and more.
  • Business Milestones: Acknowledging companies that have reached critical business milestones, demonstrating strong growth potential, strategic leadership, and the ability to overcome obstacles. This includes notable achievements in funding, scaling operations, or achieving key regulatory milestones.
  • Potential for Strategic Partnerships: Recognizing companies that have shown early indications of forming significant partnerships, which could amplify their impact on the biotech landscape. This includes collaborations with academic institutions, industry leaders, or other organizations that can provide complementary strengths and resources.

The “Promising Biotech Company of the Year Award” is not just an acknowledgment of past and present accomplishments but also a testament to the recipient’s potential to drive future innovations and contribute to the global advancement of biotechnology. This award honours those companies that embody the spirit of innovation, showcasing a promising trajectory in the biotech sector.

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Ripple Therapeutics is a privately held, clinical stage company focused on improving ophthalmic therapeutics with controllable, sustained drug delivery. Our patented technology platform is based on a discovery that drugs can be chemically engineered into controlled release pharmaceuticals without polymers. These proprietary prodrugs undergo surface erosion to enable a constant sustained drug release and are highly engineerable to tailor drug dose and duration to the specific indication. The strength of this platform has driven major industry partnerships, including a collaboration and option-to-license agreement for a next generation prostaglandin implant with AbbVie (NYSE: ABBV) worth up to $290 million in milestones and royalties, as well as development and option-to-license agreements with Glaukos Corporation (NYSE: GKOS) and Bausch + Lomb (NYSE/TSX: BLCO) to leverage Ripple’s proprietary technology platform to create sustained release implants of targeted APIs for both glaucoma and retinal diseases. Ripple’s proprietary product focus is a 6-month sustained release Complement Factor B Inhibitor for Dry Age-Related Macular Degeneration (AMD), the most common form of AMD affecting ~170 million people worldwide.

The Industry Leadership (Ecosystem Builder) Award recognizes an individual who has exhibited unparalleled vision and leadership in the Canadian biotechnology sector, with a significant impact on a global scale. This award celebrates visionary leaders who have not only contributed to the advancement of biotechnology in Canada but have also set new benchmarks for excellence across the industry. Key areas of achievement for this award include:

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  • Promotion of Industry Growth: Recognizing leaders who have demonstrated a steadfast commitment to fostering the growth and development of the biotechnology industry within Canada. This includes efforts to enhance innovation, support startups, and attract investment, thereby strengthening Canada’s position on the global biotech stage.
  • Achievement of Significant Milestones: Honouring individuals who have been instrumental in reaching pivotal milestones that have propelled the industry forward. This includes groundbreaking discoveries in biotech research, securing substantial investments, advancing the development of new technologies or therapies, and pioneering unique business models that are shaping the biotech industry landscape.

The “Game-Changing Industry Leadership Award” is designed to acknowledge those exceptional leaders whose contributions have not only propelled their organizations to new heights but have also inspired change and progress throughout the Canadian biotech ecosystem. Their visionary leadership, coupled with a commitment to innovation and excellence, exemplifies the transformative impact one individual can have in advancing biotechnology both domestically and on a global platform.

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Allen Eaves, OC, OBC, MD, PhD, FRCPC, was the Founding Director of the Terry Fox
Laboratory for Cancer Research for 25 years and Head of Clinical Hematology at the University
of British Columbia for 18 years during which he built one of Canada’s first bone marrow
transplant programs with a focus on stem cell research. Currently Professor Emeritus of
Hematology at UBC since 2006, he has devoted himself to building STEMCELL Technologies
Inc, a company he founded in 1993 to provide novel and standardized tissue culture reagents
for stem cell research, regenerative medicine and those doing cancer and immunological
research. Always profitable, and with 97% of its sales outside of Canada, STEMCELL is
Canada’s largest biotech company with over 1800 employees and a global network of sales
offices and distribution centres serving 30 thousand customers.

Dr. Eaves has received many awards including: the Order of Canada, the Order of BC,
Business Laureate of BC Hall of Fame, the BC Innovators Hall of Fame, the SCI Canada
Medal, the Canadian Stem Cell Network Trailblazer Award, the LifeSciences BC Lifetime
Achievement Award, the BC CEO Awards Lifetime Achievement Award, and the Ernst & Young
Pacific Region Entrepreneur of the Year.

Dr. Eaves has published over 200 papers in leading peer-review scientific journals. He has been elected President of the International Society of Cell Therapy, President of the American Society of Blood and Marrow Transplantation, founding Treasurer of the Foundation for the
Accreditation of Cell Therapy, and has been a Member of Health Canada’s Expert Working Group on the Safety of Organs and Tissues for Transplantation. He sat on the boards of The Canadian Stem Cell Foundation, The Canadian Stem Cell Network, The CCRM, Mitacs, and
The Banff International Research Station for Mathematical Innovation and Discovery. He is passionate about providing excellent tools and reagents for researchers and creating rewarding employment for those who love science.

The Community Leadership (Research & Innovation) Award is designed to honour the visionary minds and rising stars who are shaping the future of the biotech industry through their exceptional dedication and innovative contributions. This award acknowledges individuals who have exhibited remarkable leadership and commitment in the following settings

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  • Academic Excellence: Celebrating individuals at universities who have distinguished themselves through groundbreaking research, academic achievements, and the ability to inspire and lead their peers towards new horizons in biotechnology.
  • Research Innovation: Recognizing peers in research laboratories who have demonstrated unparalleled dedication to advancing biotechnological research, developing innovative solutions, and contributing to the scientific community’s body of knowledge.
  • Entrepreneurial Spirit in Pre-commercial SMEs: Honouring leaders within pre-commercial small and medium-sized enterprises (SMEs) who have shown extraordinary vision in steering their companies towards impactful biotechnological breakthroughs, thereby laying the groundwork for future commercial success.

The “Leadership Award” is not merely a recognition of what has been achieved, but a celebration of the potential to drive transformative change in the biotech industry. It highlights the recipient’s role in laying the foundation for the solutions that will address the most pressing challenges faced by society today and in the future.

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Dr. Massimiliano “Max” Paganelli and Dr. Claudia Raggi are a powerful physician-scientist duo pioneering the future of regenerative medicine. Their collaborative journey began with a shared foundation in medicine and advanced training at elite European institutions, including the Sapienza University of Rome and the Catholic University of Louvain. Together, they have bridged the gap between benchside stem cell biology and bedside patient care, transforming a breakthrough scientific discovery into Morphocell Technologies, a leading-edge biotech company developing cell therapies and engineered tissued aimed at treating severe organ deficiencies, beginning with liver disease.

Dr. Raggi is an internationally recognized expert in human development, stem cell biology, and regenerative medicine. She has pioneered novel approaches to engineering functional human tissues for therapeutic applications and is the mastermind behind Morphocell’s core innovation, having invented the company’s proprietary induced pluripotent stem cell (iPSC)-based platform technology. As Chief Scientific Officer of Morphocell, Dr. Raggi commands a multidisciplinary team of scientists and engineers, masterfully guiding the complex cell therapy development, stem cell differentiation, manufacturing and preclinical translation of functional human tissues from raw discovery toward human clinical trials.

Dr. Paganelli seamlessly connects clinical reality with corporate strategy. A renowned pediatric transplant hepatologist, Stem Cell Network investigator, CIHR/FRQS-funded scientist, and Associate Professor at the Université de Montréal, Dr. Paganelli heads the Liver Tissue Engineering and Cell Therapy Laboratory at CHU Sainte-Justine. Since 2019, he has channelled his front-line clinical expertise into leading Morphocell as President and CEO, securing vital funding and scaling the company into a multi-facility enterprise.

By combining Dr. Raggi’s world-class tissue-engineering breakthroughs with Dr. Paganelli’s clinical leadership and strategic corporate vision, this dynamic team has successfully accelerated stem cell therapies out of the lab, toward real-world application. Their paradigm-shifting work stands as a testament to the power of collaborative translational science, offering a future where liver failure and other life-threatening conditions can be cured without the need for traditional, scarce organ transplants.


Gold Leaf Awards Advisory Group

BIOTECanada’s Gold Leaf Awards started 20 years ago recognizing the remarkable individuals and companies who have made significant contributions to the biotechnology industry and ecosystem in Canada.

Given the industry’s recent momentum, and public interest in solutions, BIOTECanada created an independent, robust, and informed process for the governance, nomination, and selection process of the Gold Leaf Awards. An independent advisory group, comprised of respected leaders from across BIOTECanada’s membership, plays a key role in evaluating award categories, reviewing nominations, and selecting recipients, and BIOTECanada thanks them for their contributions:

2026 Gold Leaf Awards Advisory Group:

  • Brian Bloom – Bloom Burton & Co.
  • Stéphanie Michaud – BioCanRx
  • Maxime Pesant – Fonds de Solidarité FTQ
  • John Norman – Gowling WLG (Canada) LLP
  • Shermaine Tilley – CTI Life Sciences Fund
  • Penny Walsh – Canadian Alliance for Skills and Training in Life Sciences (CASTL)

Thank you to our Gold Leaf Awards Reception sponsors: