Recent News

Profound Medical Corp. Announces Completion of Patient Enrollment in TACT Pivotal Clinical Trial

TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Profound Medical Corp. today announced the completion of patient enrollment in the TACT (TULSA-PRO® Ablation Clinical Trial) pivotal study...pivotal study designed to further evaluate the safety and efficacy of TULSA-PRO® to ablate prostate tissue in patients with localized, organ-confined prostate cancer.

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FloSonics Medical Secures $5 Million Seed Round Funding

SUDBURY ON — Jan. 29, 2018 — FloSonics Medical, a Canadian medical device company headquartered in Greater Sudbury, Ontario, has secured $5 million in a funding round led by Toronto’s iGan Partners. FloSonics Medical is focused on developing non-invasive sensors to improve the management of critically ill patients.

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Adapsyn Bioscience Completes Financing to Advance its Small Molecule Natural Product Platform and Pipeline; Announces Research Collaboration with Pfizer Inc.

HAMILTON, ON, Jan. 9, 2018 /PRNewswire/ - Adapsyn Bioscience Inc., a biotechnology company focused on the discovery and development of novel medicines derived from evolved small molecule natural products, today announced that it has completed a round of financing...

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Invitae more than doubles annual volume, exceeds full-year 2017 guidance, and projects momentum to continue in 2018

Jan. 8, 2018 - Invitae Corporation (NYSE: NVTA), one of the fastest growing genetic information companies, announced preliminary full-year 2017 results that demonstrate continued strong momentum, with volume and revenue more than doubling compared to 2016 results. Preliminary financial results for 2017 include...

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Profound Medical Corp. Announces Preliminary Fourth Quarter 2017 Revenue and Provides Progress Update on TACT Pivotal Trial Patient Enrollment

TORONTO, Jan. 08, 2018 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX-V:PRN) (OTCQX:PRFMF) (“Profound” or the “Company”), the only company to provide a therapeutics platform that provides the precision of real-time MR imaging combined with the safety and ablation power...

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Aptinyx Raises $70 Million in Series B Financing to Advance Growing Pipeline through Clinical Studies in Neurologic Disorders

EVANSTON, Ill., Dec 18, 2017 /PRNewswire/-- Aptinyx Inc., a clinical-stage biopharmaceutical company developing transformative therapies for challenging neurologic disorders, today is announcing the completion of a $70 million Series B financing to fund advancement of its expanding clinical-stage pipeline...

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Aptinyx Granted Fast Track Designation, Initiates Phase 1 for Second Clinical Candidate, NYX-783, in Post-Traumatic Stress Disorder

Evanston, Ill., Dec 7, 2017 – Aptinyx Inc., a clinical-stage biopharmaceutical company developing transformative therapies for challenging neurologic disorders, today announced Fast Track designation, new data, and initiation of Phase 1 clinical development for its second clinical candidate to modulate N-methyl-D-aspartate (NMDA) receptors, NYX-783, in post-traumatic stress disorder (PTSD). The data were presented at the annual meeting of the American College of Neuropsychopharmacology (ACNP)...

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Fusion Pharmaceuticals completes a second closing of its Series A financing totaling $46 Million USD

HAMILTON, Ontario--(BUSINESS WIRE)--Fusion Pharmaceuticals, a clinical-stage biopharmaceutical company developing targeted alpha-particle radiotherapeutics for treating cancer, today announced it has completed a second closing of its Series A financing, securing an additional $21 million USD in capital and bringing the total capital raised to $46 million USD...

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Siemens Healthineers to Acquire Epocal from Alere to Complete Its Blood Gas Portfolio

NORWOOD, Mass., July 21, 2017 (BUSINESS WIRE) Siemens Healthineers has entered into a definitive agreement to acquire Epocal Inc., a subsidiary of Alere Inc. Epocal Inc. develops and provides point-of-care blood diagnostic systems for healthcare enterprises, including the epoc® Blood Analysis System, a handheld, wireless testing solution. Financial details of the transaction are not being disclosed...

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Fusion Pharmaceuticals Launches with a $25M USD Series A Financing to Develop Targeted Radiotherapeutics as Cancer Treat

HAMILTON, ON, February 23, 2017 - Fusion Pharmaceuticals, a newly formed biopharmaceutical company developing targeted alpha-particle radiotherapeutics for treating cancer, today announced the closing of a $25 million Series A financing led by founding venture investor, Johnson & Johnson Innovation - JJDC, Inc., with investments by HealthCap, TPG Biotech, Genesys Capital...

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Profound Medical Announces Appointment of Kenneth Galbraith to its Board of Directors

TORONTO, Jan. 17, 2017 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX-V:PRN) ("Profound" or the "Company"), an emerging medical device company focused on prostate care, today announced the appointment of Kenneth Galbraith to its Board of Directors.

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Invitae announces new leadership structure to drive global growth

January 09, 2017 - Invitae Corporation (https://www.invitae.com/en) (NYSE:NVTA), one of the fastest growing genetic information companies, today announced that Sean George, Ph.D., its co-founder and current president and chief operating officer, has been named chief executive officer for the company.

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Invitae meets annual volume guidance, projects doubling of volume in 2017, accelerates Genome Network by acquiring scala

January 06, 2017 - Invitae Corporation (https://www.invitae.com/en) (NYSE:NVTA), one of the fastest growing genetic information companies, announced initial fourth quarter and full-year 2016 results, showing 200% year-over-year growth in billable test volume, driven by milestones including a major expansion of its test menu to more than 1,100 genes and agreements...

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Invitae Announces Pricing of Public Offering of Common Stock

November 17, 2016 - SAN FRANCISCO -- (BUSINESS WIRE) -- Invitae Corporation (NYSE:NVTA) today announced the pricing of an underwritten public offering of 7,333,333 shares of its common stock at a price to the public of $6.00 per share.

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Profound Medical Corp. Completes Previously Announced $17.4 Million Bought Deal Offering of Common Shares

TORONTO, Nov. 14, 2016 (GLOBE NEWSWIRE) -- Profound Medical Corp. ("Profound" or the "Company") (TSX-V:PRN) today announced that it has completed its previously announced bought deal offering of 15,820,000 common shares of the Company ("Common Shares") at a price of $1.10 per Common Share (the "Offering") for gross proceeds of...

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Profound Medical Corp Announces First Patient Treated in TACT Pivotal Clinical Trial at Venderbilt University Medical Ce

TORONTO, Sept, 22, 2016 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSXV:PRN) ("Profound" or the "Company") a medical device company focused on prostate care, today announced that the first patient has been treated in the TACT Pivotal Clinical Trial at Vanderbilt University Medical Center in Nashville, TN.

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Profound Medical Corp. Announces Senior Management Changes to Support Global Growth Strategy

TORONTO, Aug. 15, 2016 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSXV:PRN) ("Profound" or the "Company"), an emerging medical device company focused on prostate cancer care, today announced the appointment of Arun Menawat, Ph.D. as its new Chief Executive Officer.

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Aptinyx Initiates Dosing in Phase 1 Clinical Study of Lead NMDA-Receptor Modulator, NYX-2925

Evanston, Ill., July 13, 2016 - Aptinyx Inc., a biopharmaceutical company developing novel modulators of the N-methyl-D-aspartate (NMDA) receptor for the treatment of challenging neurologic disorders, today announced the initiation of dosing in a Phase 1, first-in-human study for its lead therapeutic candidate, NYX 2925. 

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Profound Medical Corp. and Philips Sign Sales and Marketing Agreement in MRI-guided therapy for prostate cancer

TORONTO and AMSTERDAM, Netherlands, May 11, 2016 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSXV:PRN), a Toronto-based medical device company and Royal Philips (NYSE:PHG) (AEX:PHIA), a leading health technology company, today announced that they have signed a sales and marketing agreement that will advance the commercial launch of Profound's TULSA-PRO, a minimally...

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