Canadian pharmacy to be fined millions for illegal imports

Canadian pharmacy to be fined millions for illegal imports
HELENA, Mont. — An online pharmacy that bills itself as Canada’s largest is expected to be fined $34 million Friday for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States, a sentence that one advocacy group called too light for such a heinous crime. Canada Drugs has filled millions of prescriptions by offering itself as a safe... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,367.29, up 197.35 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up one cent, or 0.27 per cent, to $3.75 on 17.1 million shares. Neovasc Inc. (TSX:NVC). Medical devices. Down seven cents, or 46.67 per cent, to eight cents on 13.6 million shares. Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Down 36 cents, or 29.03... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,616.36, up 26.97 points) First Quantum Minerals Ltd. (TSX:FM). Miner. Down $2.54, or 12.37 per cent, to $18.00 on 9.5 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 4.63 per cent, to $10.30 on 8.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down four cents, or 1.06... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,589.39, down 121.94 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares. Neovasc Inc. (TSX:NVC). Medical devices. Down 1.5 cents, or... Read More

Pot producer Tilray links up with pharma firm Sandoz Canada

Pot producer Tilray links up with pharma firm Sandoz Canada
TORONTO — Licensed medical marijuana producer Tilray Inc. has formed an exclusive alliance with Sandoz Canada, in what it says is the first collaboration between a cannabis producer and a local affiliate of so-called Big Pharma. Tilray, headquartered in Toronto with production facilities in British Columbia, has signed a binding letter of intent with the Quebec-based affiliate of Sandoz International GmbH, part of global... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,647.14, up 42.35 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 1.08 per cent, to $3.75 on 7.9 million shares. Neovasc Inc. (TSX:NVC). Medical devices. Down 3.5 cents, or 15.56 per cent, to 19 cents on 7.8 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 25 cents,... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,442.68, down 228.47 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 51 cents, or 5.16 per cent, to $10.40 on 12.1 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down three cents, or 0.73 per cent, to $4.06 on 10.1 million shares. Student Transportation Inc. (TSX:STB). Transportation. Up $1.98, or... Read More

Valeant shares slump even as drugmaker posts highest net profit in three years

Valeant shares slump even as drugmaker posts highest net profit in three years
MONTREAL — Valeant Pharmaceuticals International Inc. posted its highest quarterly net profit in three years but its shares slumped as its adjusted earnings slumped. The Quebec-based drug company said it earned US$513 million or $1.45 per diluted share attributable to shareholders in its latest quarter, compared with a loss of US$515 million or $1.47 per share a year ago. The profit was... Read More

Weston family’s Choice Properties buying Canadian REIT for $3.9 billion

Weston family’s Choice Properties buying Canadian REIT for $3.9 billion
TORONTO — The Weston family is poised to create Canada’s largest real estate investment trust through a $3.9-billion deal for its publicly traded Choice Properties REIT to buy Canadian Real Estate Investment Trust. The combination of Choice Properties, which counts Loblaw as its principal tenant and largest unitholder, and CREIT will create a company with a diversified portfolio of 752... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,094.72, down 144.50 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up six cents, or 1.69 per cent, to $3.60 on 19.23 million shares. Bombardier’s unexpected win at the U.S. International Trade Commission could accelerate the merger talks between Boeing and Embraer in order to offer an alternative to the... Read More