Charlottetown-based Somru BioScience on Wednesday announced it is receiving loans and grants totaling more than $4.4 million from the federal and P.E.I. governments.

The company, which is developing a range of products centred around antibody technology for research, diagnostic and clinical applications, told Entrevestor last month it was in the process of raising $7 million. Co-Founder Mohammed

The exit of a life sciences company in British Columbia is highlighting the growing biotech ecosystem centred on Prince Edward Island.

Delta, BC-based Mazza Innovation Ltd. said Tuesday that it has been bought by Milwaukee-based Sensient Technologies, which produces fragrance and flavours, for an undisclosed price. Mazza, which specializes in extracting solvent-free bioactives from botanical

Halifax-based Metamaterial Technologies Inc. has purchased a British medical technologies company that brings it into the realm of healthcare for the first time.

MTI said in a statement today it has bought London-based Medical Wireless Sensing Ltd., known as Mediwise, for an undisclosed sum.

What the two companies have in common is they both produce metamaterials, which are man-made materials

Fundmetric, the Halifax software company that helps charities increase engagement with donors, has signed a slew of major new clients, pretty well doubling its annual recurring revenues in three months.

The company issued a statement on Monday saying its new clients include Amnesty International USA, Kent State University, and Oregon State University, highlighting its success with large American

Last week, C-Therm Technologies from New Brunswick received investments totaling $267,500 from the Atlantic Canada Opportunities Agency to help expand its international marketing capacity and grow export markets.

The funding was announced at the grand opening of C-Therm’s new facility in downtown Fredericton. A $50,000 portion of the funds will support the hiring of a lab director, who will help

John Rogers, the former CEO of the law firm Stewart McKelvey, has been named the interim President and CEO of the Halifax Partnership.

Rogers will step into the position until the board of directors finds a full-time replacement for Ron Hanlon, who passed away in May. The Partnership said the search for a permanent CEO will begin soon.

“John is an accomplished and widely respected business

Fifteen Nova Scotian companies have won a total of $590,000 in grants through Innovacorp’s 2018 Spark Innovation Challenge.

The provincial government’s venture capital and innovation agency announced the winners on Thursday, capping off the second annual province-wide Spark competition.

The goal of the Spark event, which began in Cape Breton five years ago, is to identify promising early-stage

How much do you think hungover university students would pay for a Gatorade to be delivered right to them the morning after a wild bender? Five dollars and eighty-nine cents is what Johnathan Cannon in Halifax is currently charging with his business Room Service.

Room Service is a mobile convenience store where users can place orders online and have Cannon or someone from his team deliver the

The Yomes Initiative, whose digital product helps tenants gain intelligence on properties they’re considering renting, has opened access to all Nova Scotians as it plots its expansion into larger markets.

Until now, Yomes has been open to users on an invitation-only basis, but it is now allowing any tenants in Nova Scotia to use the site without being invited. Outside Nova Scotia, the website is

Applications for the 2018 BioInnovation Challenge are open to early-stage health and life science companies in Atlantic Canada.

Contestants will vy for $25,000 in seed funding and advisory services for a total prize package valued at $55,000 to develop their business idea.

The competition will be held during the BioPort 2018 conferenceon Nov. 7 and 8 at the Halifax Convention Centre. BioNova,