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11:12 am

Intellipharmaceutics jumps on clinical trial results, IND filing for abuse-deterrent pain drug

Intellipharmaceutics International (TSE:I) (NASDAQ:IPCI) said it is looking forward to guidance from the FDA after submitting an investigational new drug (IND) filing for Rexista Oxycodone XR tablets, and a pre-IND submission for Regabatin, a non-generic extended release version of pain drug pregabalin, following phase I test results.

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Monday, March 30, 12:08 pm

NioCorp says preliminary economic study for Elk Creek due out in 2-3 wks

NioCorp Developments (TSE:NB)(OTCQX:NIOBF) says it has delayed the release of its preliminary economic study for its flagship niobium project in Elk Creek to include potential changes resulting fro...


10:47 am

Hayward Tyler opens Shanghai office as it eyes nuclear and chemicals market opportunities

Speciality engineering firm Hayward Tyler has opened up an office in Shanghai as it seeks to take advantage of opportunities in the Chinese energy, power and chemical markets.


  • UnitedHealth to buy Catamaran for $12.8bln to boost its pharmacy business

    UnitedHealth Group (NYSE:UNH), the largest U.S. health insurer, agreed to buy pharmacy benefit manager Catamaran (NASDAQ:CTRX) (TSE:CCT) for about $12.8 billion in a move to boost its pharmacy benefit business. UnitedHealth will pay $61.50 a share, financing the acquisition with cash and debt, the companies said in a statement today.

  • Future Shop's doors close as Best Buy consolidates in Canada

    Best Buy said it would immediately close 66 Future Shop stores across Canada, while 65 others have been temporarily closed to allow for their transition to Best Buy outlets.

  • Wall Street holds gains after consumer spending edges up 0.1%

    U.S. stock futures rose sharply higher in early trading Monday, after breaking a losing streak at the end of last week. Still, all three major U.S. averages posted steep weekly losses, and with the first quarter ending tomorrow, the S&P 500 is barely positive for the year.

  • Israel Chemicals to reap benefit of growing African potash demand via Allana Potash deal

    ICL, the world’s sixth largest potash producer, already held 16.36 percent of Allana’s shares as part of a strategic alliance between the two companies formed in February 2014. 

  • Blackberry swings to surprise profit, revenue falls short of expectations

    Blackberry, a Canadian technology company, reported a surprise profit in its fiscal fourth quarter, but revenue fell well short of market expectations. Shares gained in New York. Net income was $28 million, or $0.05 per share, in the three months ended February 28, compared with a net loss of $148 million, or $0.28 per share, a year earlier, the Waterloo, Ontario-based company said.

  • Investors to keep close eye on BlackBerry's revenue tomorrow

    The Waterloo, Ontario-based company is still trying to secure its future with new smartphones but, demand for its software has continued to outperform the hardware division and it is expected to post losses of US$0.04 per share for the quarter that ended on February 28, according to consensus estimates.

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