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Speaking volumes Paul Lirette, Chairman of the Board of Directors, and Frank Béraud, CEO of Montréal InVivo, discuss their overall impressions of 2015 and their aspirations for the future. WHAT PROJECTS MOSTLY MARKED 2015? Paul Lirette: It was the opening of NÉOMED Laval, an organization that represents a new research and development model in Quebec. It should also consolidate initiatives like this one, which represent genuine hubs for SMBs and start-ups. And if I may make a foray into 2016, there’s also the allocation of funds for Early Stage Clinical Trial (ESCT), which should help Quebec and Montréal stand out in the international arena. Frank Béraud: Although many projects are integral to our efforts, the most significant for me is the Early Stage Clinical Trial (ESCT) Initiative. This project served as a driving force for members of the cluster and Life Sciences Working Group (LSWG), who selected it as a priority project. FB: For me, it’s probably the lack of a large Quebec LSHT company. Organizations of this magnitude have enormous project and talent drawing power for any region. We must do everything we can to develop one this size in Greater Montréal. MR. BÉRAUD, YOU TOOK THE REINS OF MONTRÉAL INVIVO IN JULY 2015. IF YOU HAD TO SUM UP THIS YEAR IN ONE WORD, WHAT WOULD IT BE? FB: I would say “intensity“. It was an intense year on a personal level because of my new role, of course, but our sector, too, was firing on all cylinders. Montréal InVivo was one of the organizations to play an active role in the LSWG. In particular, we fueled a number of data projects and studies, which contributed to debate and discussion. WHAT MAKES YOU THE PROUDEST? FB: Our team! I am particularly proud that Montréal InVivo can count on a pool of diverse skills. Whether it’s about science, business, management or marketing, our team has the ability to meet the multiple needs of our cluster. Good company is always worth seeking when it comes to achieving your goals! WHAT IS THE LSHT SECTOR’S BIGGEST CHALLENGE TODAY? PL: The factors that make any city attractive are mainly based on three cornerstones: talent, a competitive cost structure and market access. Out of them, the most troubling — and the biggest challenge for me — is to ensure, as an industry, we have the talent we need to develop the cluster and the next generation of LSHT success stories. 2 WHAT WOULD IT TAKE TO MAKE IT HAPPEN? FB: Five success factors are, in my opinion, necessary, including a complete funding chain — from the start-up stage to commercialization — a skilled workforce, favourable public policy, an entrepreneurial spirit and positive public opinion. It would also, needless to say, take a little luck!