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Atrium Innovations Acquires 70% of Mucos Pharma CZ, Distributor of Wobenzym® Products in Central and Eastern Europe

News - Atrium Innovations announces that it has acquired 70% of the outstanding shares of Mucos Pharma CZ s.r.o. , the exclusive distributor of Wobenzym® products in Central and Eastern Europe. Over the past few years, the solidly established Mucos CZ has successfully distributed Wobenzym® products primarily in Russia, Czech Republic and Slovakia. This controlling interest in Mucos CZ reflects the strategic importance of Central and Eastern European markets to Atrium in reference to Wobenzym’s potential and the potential for future cross-selling opportunities particularly in Russia.

Aeterna Zentaris Completes Successful Transfer of Cetrotide® Manufacturing Rights to Merck KGaA

News - Aeterna Zentaris announces the successful completion of its previously announced agreements with various partners and licensees with respect to the manufacturing rights and obligations for its Cetrotide® product. The principal outcome of such agreements is the transfer of manufacturing rights and the grant of a manufacturing license for Cetrotide® to a subsidiary of Merck KGaA of Darmstadt, Germany, in all jurisdictions. Under the terms of these agreements, Aeterna Zentaris will receive a one-time payment of €2.5 million, or approximately $3.3 million. Cetrotide® (cetrorelix acetate for injection) is used to regulate hormone responses in women undergoing infertility treatment. Merck Serono currently markets Cetrotide®worldwide.

Kids consignment clothes startup minitrade.ca secures $650,000 seed round

News - Minitrade.ca, a Quebec City-based online clothing consignment service, has announced a seed round of $650,000 from several investors. The startup offers busy parents the opportunity to purge their cluttered closets and purchase new and pre-loved top quality clothing brands at 70 percent off the retail price. In the last year it grew its customer base to 6,000 active Canadian members.

TeraXion and the National Research Council’s Canadian Photonic Fabrication Center announce a strategic partnership

News - TeraXion and the National Research Council of Canada (NRC) announce today a strategic partnership which will lead to the development and fabrication of TeraXion’s new modulator products family and covers its next-generation Indium Phosphide high-speed modulators for coherent transmission systems at 100 Gb/s and beyond. Work will take place at NRC’s Canadian Photonics Fabrication Centre in Ottawa.

Retailer Simons crashes Canada, one door at a time

News - La Maison Simons Inc. had been nestled in Quebec City for 159 years before fifth generation leader Peter Simons successfully expanded the retailer across the province.

Canam wins $33 million in highway contracts

News - Structal-Bridges, a Canam Group division has been awarded five contracts valued at nearly $33 million to rebuild or replace highway infrastructure in Canada and the United States.

CO2 Solutions Completes First Alberta Oil Sands Project Milestones

News - CO2 Solutions announces that it has met and exceeded the first two technical performance milestones for its Alberta Oil Sands project. The Company demonstrated its patented carbon capture technology is at least one-third less expensive than existing carbon capture technology in terms of energy consumption, and can withstand the rigors of industrial application.

MPEX Business Solutions Inc. Receives Financial Assistance from Government of Canada

News - MPEX Business Solutions Inc. designs and develops workforce management software for businesses. The company has created a family of innovative software solutions grouped together under the name "MX-SOLUTION" that allows for the integrated management of such things as human resources, productivity, employee scheduling, time tracking, and so on. The company serves a diverse clientele that includes Canadian food enterprises, oil companies and retailers, among others.

Consider Canada City Alliance organizes one of the largest-ever gatherings of Chinese and Canadian business leaders

News - For the first time, the China Council for the Promotion of International Trade teams with leading Canadian economic development organizations to host an investment mission to Canada

Congébec drops the temperature in Winnipeg

News - For Congébec, buying Westco MultiTemp Distribution Centres Inc, meant an opportunity to expand its reach across the country. For the local Winnipeg, Manitoba market it will mean a service gap (left by a departing player) will be filled. Based in Quebec City, Quebec, Congébec, which was founded in 1974, offers temperature-controlled storage, distribution and logistics services.

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