Health Canada has approved Appili Therapeutics’ application to begin Phase 3 trials for tablets that should help prevent COVID-19 in people exposed to the disease.

The Halifax-based drug discovery company issued a statement Tuesday saying it had initiated its tests to evaluate Avigan, the name of a tablet that contains Favipiravir, a broad-spectrum antiviral that Appili has licenced from

Maritime Gourmet Mushrooms of Herring Cove, Nova Scotia, has received a $200,000 loan from the Atlantic Canada Opportunities Agency to meet the growing demand for its exotic varieties of mushrooms.

The company was established in 2014 and began selling in 2015.  It produces 11 types of fresh mushrooms, which are sold in farmers’ markets, restaurants and specialty retailers throughout Atlantic

Halifax-based The Rounds, a closed social network for Canadian physicians, has launched its Learn, Share and Give campaign, which will donate up to $5,000 towards the fight against pancreatic cancer.

The company said about 5,500 Canadians are diagnosed with pancreatic cancer each year. For each Canadian physician who joins The Rounds’ Pancreatic Cancer Community, the venture will donate $5

Teledyne CARIS, the Fredericton specialist in underwater mapping, will lead a new project funded by Canada’s Ocean Supercluster to develop cloud-based software to be used in mapping the ocean floor.

The Ocean Supercluster announced the $2.1 million project on Friday, saying that it would contribute $944,000 to the initiative, its first led by a New Brunswick partner.

The CARIS Cloud Technology

On Friday, Entrevestor and Ignite Fredericton will team up to broadcast a virtual presentation of our  2019 Startup Data analysis with a special focus on New Brunswick -- two days after our Newfoundland and Labrador presentation.  

Every autumn, I go through the region presenting the Entrevestor data on the eveolution of the startup community, and this year the presentations are virtual due to

Our Job of the Week column this week features an opening for a Product Manager at Dash Hudson in Halifax.

Dash Hudson is a visual marketing Software-as-a-Service company that helps its clients increase engagement on their social media. Its software, called Vision, is a one-stop spot for clients to manage, source and engage with the traffic of their photos and videos.

The Job of the Week column

Nasdaq, the New York stock exchange focused on tech companies, has agreed to buy St. John’s-based anti-fraud software maker Verafin for US$2.75 billion (C$3.6 billion) in cash.

The marriage of Nasdaq and Verafin will produce a leader in “Anti FinCrime”, they said in a statement, bringing Verafin’s best-in-class software into a stock exchange with relationships with the world’s biggest financial

The benefits of Verafin’s sale to Nasdaq will be felt throughout Newfoundland and Labrador, and Atlantic Canada, impacting entrepreneurship, investment and philanthropy in a big way.

The New York tech-focused stock exchange announced Thursday it would pay $2.75 billion in cash for Verafin, whose software helps financial institutions battle fraud and money laundering. The announcement made a

Editor's note: With the announcement of Verafin's exit, we've decided to republish this 2014 article, in which CEO Jamie King outlined the culture his team used to grow the company. 

 

One week before he announced the deal that would transform his company, Verafin CEO Jamie King came home to his alma mater to describe the secret to his company’s success.

King and two co-founders had started

Halifax-based SalesRight, which helps B2B Software-as-a-Service companies simplify their pricing, has been acquired by Santa Barbara, Calif.-based FastSpring for an undisclosed price.

FastSpring is a privately owned ecommerce firm targeting software and SaaS companies, and will use the SalesRight software to provide its clients’ sales teams with interactive quoting and digital signature tools.