BioForward and BIOQuebec, Quebec’s largest biosciences network, will sign a memorandum of understanding to form a cooperative relationship, the organizations announced recently.

“This step will take us both a long way in growing our dynamic and robust biohealth clusters and will have a crucial impact on the economic growth of both regions,” BioForward CEO Lisa Johnson said in a statement. “I am pleased that the Quebec Government Delegation Office in the Midwest made this introduction, resulting in today’s agreement that will benefit our respective regions and businesses.”

According to a release, the memorandum will underscore the two organizations’ shared efforts to advance cooperative relationships with research, development and manufacturing, as well as encourage and promote the growth of the life sciences industry, leveraging each agency’s comparative advantage to support high-quality and sustainable development.

The official signing will occur on March 25.