AbCellera receives $175.6 mn from Canada for coronavirus research

Healthcare companies are racing against time to develop a vaccine for COVID-19 which has killed thousands of people across the world. Given the dire situation, healthcare companies are seeking financial support from governments and philanth....

Vimana to offer 1K tons of medical equipment amidst COVID-19 outbreak

Global coronavirus outbreak has not only urged various companies to balance the unbalanced proportion of supply and demand of medical equipment, but it has also prompted various transportation services to lay their attention towards shipmen....

Pacton enters option agreements to acquire mineral claims in Red Lake

Pacton Gold Inc. has recently announced the signing of option agreements to secure additional mineral claims located in the Red Lake, Ontario. Red Lake West, the 1st new property, is contiguous to the existing land package of Pacton, close....

Raymond secures Oak Trust Company to boost service delivery in Canada

Raymond James Ltd., an investment bank & financial services company, has recently announced the acquisition of a London-based federally chartered trust company, Oak Trust Company. The new division in Canada will be known as Raymond Jame....

Mediahuis acquires Luxembourg-based media company Saint-Paul group

The acquisition is likely to accelerate its digital transformation as well as help develop new products and services. With active operations in Belgium, Ireland and the Netherlands, renowned media company Mediahuis NV is about to enter the....

Tech Mahindra to benefit from AT&T as it moves ahead with its 5G plan

In the midst of the global economic crisis caused by COVID-19, some businesses are still focused on meeting their ongoing contracts. Reportedly, leading telecom carrier, AT&T intends to commence its IT modernization contracts to avoid u....

NEC inks deal to supply Earth observation satellite to Vietnam

NEC Corporation, a Japanese multinational electronics and information technology company, has reportedly inked a deal with Sumitomo Corporation to manufacture and launch the "LOTUSat-1" Earth observation satellite for the Vietname....

Cannabis sativa extracts demonstrate potential to in COVID-19 treatment

The University of Lethbridge, with Swysh, a company focused on cannabinoid R&D and Pathway Rx, a research company focused on developing custom cannabis therapies, are partnering to unravel a specific Cannabis sativa extract that shows p....

CI Financial inks a deal to buy a strategic interest in Cabana Group

CI Financial Corp., a Canadian asset management company, has recently inked an agreement with the Cabana Group, the holding firm of Cabana Asset Management based in Arkansas, to acquire a strategic interest in the firm. With this acquisitio....

Novartis buys Amblyotech to develop digital therapy for amblyopia

Novartis has recently made an announcement confirming that it has concluded its acquisition of Amblyotech, which is a software startup based in the U.S. Novartis will collaborate with McGill University and Ubisoft to be able to continue wit....