TSO3 keeps “Top Pick” rating at Euro Pacific Canada


TSO3’s (TSX:TOS) balance sheet was not overly risky before, but the company’s recent warrant exercise has reduced risk further, says Euro Pacific Canada analyst Doug Loe. Yesterday, TSO3 announced that all its outstanding warrants with a $1.875 exercise price have either been exercised or have expired as of Feb. 4, 2016, netting the company $13.5-million […]

Merus Labs gets price target raise to $4.00 at Euro Pacific


A “transformative” product acquisition has Euro Pacific Canada analyst Doug Loe feeling bullish about Merus Labs (TSX:MSL). Yesterday, Merus Labs announced it had entered into an agreement with UCB to acquire rights to Elantan, Isoket and Deponit, products used to treat acute and chronic coronary artery disease, in Europe and select other markets. “This transformational […]

Nobilis Health short-squeeze could send stock much higher, says Mackie


Now that Nobilis Health’s (TSX:NHC) long-anticipated third quarter results turned out to be “much ado about nothing”, the path is cleared for a short squeeze to begin on the stock, says Mackie Research Capital analyst Russell Stanley. Yesterday, Nobilis reported its Q3, 2015 results. The company earned (U.S.) $13.31-million on revenue of $52.5-million, an 205 […]

Cantech Letter Announces the 2015 TSX Life Sciences Stock of the Year Finalists


In the Canadian Life Sciences sector, 2015 was defined by one word: Valeant. Valeant Pharmaceutical’s problems, which would eventually spill over into U.S. and Canadian biotechs alike, arguably began in mid-September when the New York Times reported on the egregious drug pricing behaviour of a fellow specialty pharma company; privately held Turing Pharmaceuticals. Turing had […]

PI maintains aggressive price target on Nobilis Health after CEO resignation


A shakeup at the top of Nobilis Health (TSX:NHC) isn’t shaking PI analyst Sheila Broughton’s faith in the company. In a research update to clients this morning, Broughton maintained her “Buy” rating and one year target price of (U.S.) $9.50 on Nobilis. This morning, Nobilis announced that its current executive chairman of the board of […]

New version of Waterloo’s Intellijoint HIP receives FDA clearance


Waterloo’s Intellijoint Surgical Inc. has been awarded US Food and Drug Administration clearance for the next generation of its intellijoint HIP, designed to help orthopaedic surgeons better establish cup placement in the patient, adjust leg length and joint rotation. The next-generation Intellijoint HIP launched in Canada in July at the MaRS Discovery District in Toronto. […]

New activity tracker can increase your lifespan by a decade, says Canadian company


Vancouver’s Mio Global will be previewing the Mio SLICE activity tracker at this year’s Consumer Electronics Show (CES) in Las Vegas, a device that will function with a Personal Activity Intelligence (PAI) platform and app. Mio Global claims that keeping your PAI score above 100 can increase your lifespan by 10 years and “provide maximum […]

Halifax’s Athletigen raises $1.55 million U.S. seed round


Halifax-based sports genetic company Athletigen Technologies Inc. has raised a $1.55 million U.S., $2.14 million Cdn., seed round, led by Exponential Partners, an Orange County VC fund focused on consumer health and human performance technologies. Exponential was joined in the round by previously existing strategic investors Dr. Ray Muzyka, Medical Doctor, Co-founder of Bioware and […]

ProMetic Life Sciences named a top pick for Q1 by Paradigm

Prometic Life Sciences CEO Pierre Laurin.

ProMetic Life Sciences (TSX:PLI) was one of the top performing Canadian life sciences stocks in 2015, but heading into 2016 Paradigm Capital analyst Christopher Lam thinks the company still has significant upside. In a research report to clients today that outlined the the firm’s top picks for Q1, 2016, Lam highlighted the opportunity in ProMetic […]

Is eating lettuce really worse for the environment than bacon?


A recent study from Carnegie Mellon University in Pittsburgh entitled “Energy use, blue water footprint, and greenhouse gas emissions for current food consumption patterns and dietary recommendations in the US” has complicated the tidy narrative put forward by vegetarians that eating vegetables instead of meat would constitute a major reduction in greenhouse gases, water usage […]