Canadian Technology Stocks and Startups
Valeant Pharmaceuticals (TSX:VRX) this morning announced it had changed the timing of its Q3 webcast and conference call to accommodate those affected by Hurricane Sandy. The call, which was originally scheduled for Wednesday, October 31, 2012 at 8 a.m. ET, will now go at the same time this Friday, November 2nd. Hurricane Sandy has forced [...]
Valeant Pharmaceuticals (TSX:VRX) Monday paid $62.5 million to acquire the U.S. rights to Visudyne, a treatment for a common form of age-related blindness. Under the deal with Vancouver-based QLT Inc. (TSX:QLT), which developed Visudyne, Valeant could pay up to an additional $20 million. That includes $15 million related to royalties for product sales outside the [...]
Canada’s largest pharma, Valeant (TSX:VRX), today announced it had entered into a definitive agreement under which it will acquire all of the outstanding common stock of Medicis (NYSE:MRX) for $44 a share in cash. Scottsdale-based Medicis, which was founded in 1988, posted $721-million in revenue in fiscal 2011, mostly by selling dermatology related products such [...]
At its peak, in 2000, Nortel had a market value of $350 billion. The Ottawa company represented 36% of the entire value of the Toronto Stock Exchange and employed nearly a hundred-thousand people. Today, after a more than decade long bull market in commodities, the influence of technology on the overall market in Canada seems [...]
The list of legendary US tech CEOs could form a veritable Mount Rushmore of innovation. While names like Steve Jobs, Bill Gates, Larry Ellison, Jeff Bezos and John Chambers would battle for space, what would Canada’s collection look like? The truth is, with the stepping down of Jim Balsillie and Mike Lazaridis as as co-CEOs [...]
CounterPath (TSXV:CCV) announced it has entered into a commercial agreement with Rogers Communications to let Rogers customers use their wireless numbers to enable single-number reachability by talk and text whether they are using their mobile devices or computers. Shares of Counterpath closed up .6% to $1.66. More… Note: Savvy bloggers alerted Cantech Letter to this [...]
Was Wi-LAN’s (TSX:WIN) ill-fated attempt to seize control of cross-town rival Mosaid (TSX:MSD) the biggest story of the year in Canadian tech? Our third 2011 Cantech Letter Awards judge, Barry Richards, Managing Director of Research Paradigm Capital, weighs in today. Richards pegs Mosaid as Canadian tech stock of the year, and Wi-LAN CEO Jim Skippen, [...]
Waterloo gets all the action and Ottawa gets a lot of the credit, but underneath the hustle and bustle that is now, based on employment, North America’s the third largest financial services center after New York and Chicago, Toronto has tech too. And not only does Toronto boast names that have been around since the [...]
