Panag To Be Sold for up to $27M

Halifax-based Panag Pharma, which is making pain-relief products from natural compounds found in cannabis plants, has agreed to be bought for as much as $27 million by Ontario’s Tetra Bio-Pharma.

Based in the Ottawa suburb of Orleans, Tetra is a drug discovery company that specializes in developing treatments based on such compounds – known as cannabinoid-based drug discovery. The company, which

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17 Startups Tap Innovacorp Programs

Innovacorp has awarded a total of $725,000 to 17 different companies under its Accelerate Program and Start-Up Yard Cohorts.

The Nova Scotia Crown corporation last week revealed the winners of the two programs, which provide non-dilutive funding, incubation space and mentoring to young MedTech, OceanTech and CleanTech companies. The members of the Startup Yard cohorts will also get space at the

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BreatheSuite Preps 30-Person Test

BreatheSuite is about to launch a 30-person test of its new inhaler technology, whose purpose is to ensure people use common inhaler devices correctly.

BreatheSuite is a new company based in St. John’s that has developed software and hardware that aim to correct the improper use of inhalers. If successful, it could improve treatment for the millions of people who suffer from asthma and chronic

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Event for Tech Cos Keen to Expand in U.S.

Fredericton's entrepreneurship hub Planet Hatch and the Canadian Trade Commissioner Service (TCS) have announced a lunch-and-learn event for scaling tech companies interested in learning how to scale and expand in the U.S.

In a panel format, expert business advisors from the Canadian Tech Accelerator (CTA) program will share their insights regarding some of the biggest challenges and

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Dal Hosts Techstars Startup Weekend

This weekend, Dalhousie’s entrepreneurship centre Launch Dal will host its annual Startup Weekend.

This event, the 13th, pledges to help entrepreneurs take steps toward creating a business, becoming a founder, and connecting with the right people and resources.

“The hardest part of starting up is starting out. At Techstars Startup Weekend, you'll be immersed in the ideal environment,” said

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CarbonCure Enters the Asian Market

CarbonCure Technologies, the Halifax CleanTech company, is moving into the Asian market with a strategic partnership with Pan-United Corp., the leading concrete and cement company in Singapore.

They announced the deal Sunday, saying the Singapore company will use the CarbonCure technology to reduce the carbon dioxide generated in the production of ready-made concrete. As well as its base in

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More Diversity in St. John’s Startups

Genesis, the St. John’s startup house affiliated with Memorial University, has been on a mission to increase diversity among the companies it supports. And it’s generating some data that highlight its success.

For a few years, CEO Michelle Simms and her staff have been working on ways to nurture more startups either founded by women and newcomers, or with such people in senior positions. The

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Kinley’s AIR Eyes Digital Product

The Atlantic Institute for Resilience is going digital.

AIR, as it’s known, was founded by Halifax psychiatrist Jackie Kinley in 2014 as a private enterprise that would help workers overcome stress and other mental health challenges. Kinley is now getting traction from major corporations and organizations in the region, so she is working on a digital product to enhance her work.

When she

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LeadSift Sales Rise After Pivot

When Tukan Das asked at a 2015 board meeting how he could improve staff morale, he didn’t think the answer would lead to the complete reboot of his company.

But the CEO of Halifax-based data analytics company LeadSift was soon leading his team through a pivot that resulted in a new business model. LeadSift is now focused on helping small and medium-sized technology companies in the

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McIntosh Recognized for Plato

Keith McIntosh has been an entrepreneur for as long as he can remember. Now, he’s won national recognition for using his skills to help Indigenous people find work.

Growing up on a farm, meant McIntosh used the same valuable business skills that he uses today as CEO and founder of Professional Quality Assurance (PQA), and PLATO Testing. Arguably, one of the best skills McIntosh has developed

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