Shares of Appili Therapeutics shed more than half their value on Friday after the Halifax drug discovery company released disappointing trial results for a drug candidate intended to treat COVID-19.

The company released a statement before the market opened on Friday saying the Phase 3 clinical trial evaluating Favipiravir as a treatment for mild-to-moderate COVID-19 “did not achieve statistical

When Welkom-U co-founder and COO Michael Olamide Ojolo landed in Fredericton as an international student, he travelled straight from the airport to his first class at the University of New Brunswick, arriving with his luggage in tow.

The reason for his suitcase-laden entrance was partly his lack of familiarity with Canada. He had not yet arranged accommodations and needed to find a place to

My grandfather, artillery officer H.P. MacKeen, shown on the left, wrote this poem in Ypres in September 1917, two months before the Battle of Passchendaele.

 

The White Cross

It isn’t a medal or order,

It carries no ribbon or braid

But a token still

As on Calvary Hill

Of the greater sacrifice made.

 

It stands as a lonely sentinel

O’er the place where the hero sleeps

‘Neath a lowly

Commercial spaceflight startup Maritime Launch Services is going public on the TSX Venture Exchange via a reverse takeover of merchant bank Jaguar Financial Corp.

Maritime Launch Services, or MLS, Chief Executive Steve Matier declined to name the size of the deal, but said its purpose is to draw the attention of potential investors. It follows a $10.5 million funding round led by Toronto’s

The Prince Edward Island-based Canadian Alliance for Skills and Training in Life Sciences, or CASTL, has announced a partnership with Vancouver’s adMare BioInnovations to offer technical training to prospective life sciences workers.

CASTL is a partnership between academia, industry and government that specializes in training workers for the biopharmaceutical manufacturing industry, using

The Nova Scotia government has decided to move almost all the money Innovacorp received from its investment in Dartmouth-based Meta Materials Inc. to the general government coffers.

Entrevestor reported in September that Innovacorp had sold all its shares in the publicly listed company shortly after it listed on the Nasdaq, realizing proceeds of $104 million. That’s a return of 35 times on the

Out of the haze and into the light, Canadians are finally waking from their 50-year psychedelic slumber. 

Once thought to be a lost generation of marmalade skies, the psychedelic counterculture of the 1960s has evolved into a modern medical renaissance. It is one that is transforming psychiatry in the way we treat mental illness and relieve palliative and end-of-life suffering. It also

Stephanie Lipp and Leonedest Gillis entered the Genesis Evolution accelerator in St. John's with plans to sell a mushroom-based nutraceutical product.

When they emerged from the program eight weeks later, they had pivoted to an entirely new business, and on Friday, their revised plan helped them win $55,000 of cash and in-kind services from the BioInnovation Challenge accelerator and startup

Development group Halifax Partnership has named Patrick Farrar its new Director of Innovation responsible for promoting innovative companies in the city.

“We are thrilled to have Patrick join our team to continue supporting the rapid growth of startups and scaleups in Halifax,” said Wendy Luther, HP President and CEO, in a statement.

“Patrick will work with partners to advance Halifax’s

St. John’s-based BreatheSuite, whose products help people to use their inhalers properly, has been accepted into the seventh cohort of the prestigious Lazaridis ScaleUp program.

The Lazaridis Institute for the Management of Technology Enterprises, part of the Lazaridis School of Business and Economics at Wilfrid Laurier University in Kitchener, Ont., last week named 11 Canadian companies to the