Halifax-based biopharmaceutical company Appili Therapeutics has announced that Health Canada has approved its Phase 2 clinical trial evaluating Favipiravir as a prophylactic agent against COVID-19 outbreaks.

This will be the first clinical study to examine the use of Favipiravir for outbreak control, the company said in a statement.

Researchers will enroll about 760 subjects, both residents and

The Halifax Partnership economic development organization has announced a collaboration with BoomersPlus to offer online consulting services to entrepreneurs struggling to navigate the pandemic.

BoomersPlus matches retired professionals who are at least 50 years old with companies that want to hire “boomers” for consulting or leadership roles.

The Virtual Advisor Program will allow founders to

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ONSIDE, a new not-for-profit organization supporting innovation-based companies in Nova Scotia, knew from the outside that it was not working with a blank slate as it plotted ways to work collaboratively to improve the innovation ecosystem in Nova Scotia.

The organization grew out of the province’s participation in the Massachusetts Institute of Technology’s Regional

A new survey of Atlantic Canadian startups shows that CEOs remain optimistic about their prospects for 2020, but also reveals that most have less than nine months of runway.

Halifax-based venture capital firm Concrete Ventures conducted the survey between April 20 and 27. Like other surveys, including one by Entrevestor, it found that the COVID-19 crisis is having a negative effect on some

The federal government has expanded eligibility for its small-business loan program, allowing more SMEs to borrow money to help them through the COVID-19 emergency.

At his daily briefing on Tuesday, Prime Minister Justin Trudeau said more businesses can now access the the Canada Emergency Business Account, or CEBA, program. It provides up to $40,000 in interest-free loans to small and

Dartmouth-based drug discovery company IMV Inc. has enough cash to finance its operations until mid-2021 now that it has closed a $25.1 million private placement of shares and warrants.

The company, whose shares are listed on the TSX in Toronto and the Nasdaq exchange in New York, earlier this month announced the placement co-led by existing investor Fonds de Solidarité FTQ of Montreal and

Two Cape Breton University nursing students have placed first in the Canadian division of the Techstars Startup Weekend.

Held via video-conference on April 24 and dubbed “Unite to Fight COVID-19,” the competition saw aspiring entrepreneurs divide into teams to cultivate their business ideas over 52 hours.

Michaela Moore and Kelsey Muller worked with five other participants on their plans for

The Cape Breton office of Innovacorp is offering a series of virtual meetings featuring leaders in communications and strategy free of charge in order to help entrepreneurs understand the importance of story-telling.  

The series, which is open to anyone, is designed to help entrepreneurs with their marketing skills, and features an array of international experts who are leaders in their fields.

Five startups each won $25,000 worth of investment in a remote version of the Volta Cohort pitching competition on Wednesday night.

The winners were chosen from a field of about 30 initial applicants, 15 of whom were selected to give three-minute presentations to a panel of judges from the public and private sectors. In addition to the money, the final five will receive access to mentorship and

The Atlantic Canada Opportunities Agency, or ACOA, will be distributing $110 million of federal funding to small and medium-sized companies that do not qualify for other forms of emergency bailouts.

ACOA said in a press release Wednesday that the Regional Recovery and Relief Fund, or RRRF, is aimed at the manufacturing, technology and tourism sectors, among others.

The Atlantic funding is part