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Health
Neovasc Reducer Implanted in First US Patient
Shares of the Canadian medical devices company Neovasc Inc. (TSX:NVCN) (NASDAQ:NVCN) jumped over 20% today after the company announced that its first Neovasc Reducer for the treatment of refractory angina had been implanted into a US ... [Read]
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Drug Manufacturers
Why Have Solid Biosciences Shares Risen Nearly 50%?
Solid Biosciences shares are up! Shares of the Massachusetts-based drug manufacturing company Solid Biosciences Inc. (NASDAQ:SLDB) rose nearly 50% after it was announced on Monday that the US Food and Drug Administration (FDA) had removed ... [Read]
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Biotechnology
ObsEva SA Reaches Clinical Trial Endpoint – Shares Jump +25%
The Swiss-based biotechnology company ObsEva SA (NASDAQ:OBSV) has announced that it has reached the endpoints of its clinical trial with shares jumping over 25% after the announcement was made. The company, which focuses on developing ... [Read]
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Biotechnology
Verastem Inc. Announces Stock Offering to Consonance Capital – Share Rise +15%
Massachusetts-based biopharmaceutical company Verastem Inc. (NASDAQ:VSTM) announced on Thursday that it would be offering approximately seven million shares of the company’s common stock to Consonance Capital (private). Shares of the company rose over 15% on ... [Read]
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Cannabis
Hydropothecary Corp Greenhouse Expansion Approved, License Received!
Quebec-based medical cannabis company The Hydropothecary Corporations (TSXV:THCX) has finally received its phase one licensing for a 250,000-square-foot greenhouse expansion from Health Canada. The company has been preparing for the expansion for months and has more ... [Read]
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Cannabis
WeedMD and Revive Therapeutics Enter Cannabis R&D Agreement
Ontario-based medical cannabis company WeedMD (TSX:WMD) has entered into an agreement with the biotechnology company Revive Therapeutics (TSX:RW). The announcement, which was released on Wednesday, has said that both companies will collaborate on the research ... [Read]
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Cannabis
Isodiol International Acquires 51% of Round Mountain Technologies
Vancouver-based pharmaceutical company Isodiol International (CSE:ISOL) (OTC:ISOLF) has announced that it has entered into an agreement to purchase 51% of Round Mountain Technologies (RMT) LLC. Isodiol will purchase 52% interest in RMT for $250,000 USD in Isodiol stock and ... [Read]
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Biotechnology
Galmed Pharmaceuticals Shares Surge Nearly 150% After Phase 2B Study
Shares of the Israeli biotechnology company Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) surged nearly 150% on Tuesday after the company released its results on the Phase 2B ARREST study. The study was meant to focus on the ... [Read]
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Cannabis
MPX Bioceutical Corp. Completes Acquisition of Canveda
The Toronto-based medical cannabis company MPX Bioceutical Corporation (CSE:MPX) announced that it had completed its acquisition of the medical cannabis company Canveda Inc., on Monday. MPX purchased Canveda for a total of $18.12 million CAD, with $3.12 million ... [Read]
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Biotechnology
Vical Inc. Reports Failed Phase 2 Trial of Herpes Vaccine
California-based biotechnology company Vical Incorporated (NASDAQ:VICL) released, on Monday, the results of its Phase 2 herpes simplex virus-2 (HSV-2) therapeutic vaccine. Unfortunately, the trial failed to meet its primary endpoint, so the company has decided ... [Read]