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Pfizer, BioNTech get Canadian approval for BNT162b2 Covid-19 vaccine

Pfizer, BioNTech get Canadian approval for BNT162b2 Covid-19 vaccine

US pharma giant Pfizer and German biotech company BioNTech have bagged Health Canada approval for their BNT162b2 Covid-19 vaccine. The BNT162b2 vaccine has been authorized to be used in Canada under the regulator’s Interim Order Respecting the Importation, Sale and Advertising of Drugs for Use in Relation to Covid-19. Canada has now joined the UK […]

BetterLife Pharma to acquire assets of Transcend Biodynamics

BetterLife Pharma, a Canadian biotech company, has agreed to acquire 100% of the assets of Texas-based Transcend Biodynamics, for $10 million in an all-stock deal. Transcend Biodynamics is a biotech company focused on addressing unmet mental health needs by developing next generation psychedelic therapeutics, which include the Lysergic Acid Diethylamide (LSD) derivative BOL-148. Justin Kirkland […]

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Covid-19 mRNA vaccine : Precision Nanosystems gets funding boost from Canadian govt

Precision Nanosystems (PNI) has received a funding boost of up to CAD 18.2 million from the Canadian government to develop a mRNA vaccine for Covid-19. The funding from Canada’s Innovation, Science and Economic Development’s (ISED) Strategic Innovation Fund (SIF) will help the Vancouver-based biotech company to move its Covid-19 mRNA vaccine candidate to clinical trials. […]

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Takeda to sell select non-core assets to Cheplapharm for $562m

Takeda Pharmaceutical has agreed to sell a portfolio of certain non-core prescription pharma products sold mainly in Europe and Canada to German pharma company Cheplapharm for about $562 million. The portfolio to be offloaded to Cheplapharm is made up of non-core prescription pharma products in a range of therapeutic segments. This includes cardiovascular/metabolic and anti-inflammatory […]

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Pfizer, BioNTech sign deal to supply BNT162 Covid-19 vaccine to Canada

Pfizer and BioNTech have signed an agreement with the Canadian government to supply their mRNA-based BNT162 vaccine candidate against SARS-CoV2, depending on clinical success and approval from Health Canada. Financial details of the deal were not revealed. However, the terms in the deal were based on the timing of delivery and the volume of the […]

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COVID-19 treatment : Cyclica, Institute of Materia Medica partner on drug repurposing for coronavirus

COVID-19 treatment : The Institute of Materia Medica, Chinese Academy of Medical Sciences has entered into a collaboration with Canadian biotech company Cyclica for discovering antiviral drug candidates for COVID-19 (novel coronavirus) and for exploring opportunities for designing multi-targeted antiviral compounds. According to the partners, new drug development efforts to tackle the prevailing pandemic of […]

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Antibe Therapeutics completes patient enrollment in OA knee pain trial for ATB-346

Antibe Therapeutics, a Canadian pharma company has completed enrollment of patients in a phase 2B dose-ranging, efficacy clinical trial of its lead drug candidate ATB-346 for its use in reducing osteoarthritis (OA) pain. The mid-stage clinical study will assess the effectiveness of ATB-346 in the reduction of OA knee pain in comparison to placebo in […]

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ResMed launches tube-up full face CPAP mask AirFit F30i

ResMed, a California-based medical equipment company, has launched AirFit F30i, a tube-up full face continuous positive airway pressure (CPAP) mask for patients with obstructive sleep apnea. With the launch, the company has completed its full face mask portfolio on the market. Full face CPAP users have options to choose from the type of connection either […]

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PCI acquires Canadian pharma packaging company Bellwyck Pharma Services

PCI Pharma Services, a pharma supply chain solutions provider, has acquired Canada-based pharma packaging company Bellwyck Pharma Services for an undisclosed price. Bellwyck Pharma Services has been serving the clinical trial and commercial drug markets with primary and secondary packaging and labeling for 25 years. Its acquisition will give four GMP-compliant facilities for PCI Pharma […]

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Levo gets FDA fast track status for LV-101 in Prader-Willi syndrome

US biotech company Levo Therapeutics has been granted fast track designation for LV-101 (intranasal carbetocin) from the US Food and Drug Administration (FDA) for the treatment of Prader-Willi syndrome (PWS). According to the US National Library of Medicine, Prader-Willi syndrome is a complex genetic condition that impacts several parts of the body. In infancy, Prader-Willi […]

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