Telesta Therapeutics (TSX: TST, Forum) saw some northward movement on the boards today after the company announced that it had received a response from the US FDA regarding the company’s Biologics License Application (BLA) for MCNA.
According to the news release, the FDA stated that an additional Phase 3 clinical trial would be necessary to adequately establish MCNA’s efficiency and safety. The company was disappointed with the answer, but said it would work closely with FDA officials to identify the regulatory path forward in Europe and US.
Shares were up 26.32% to $0.12 per share.
Dundee Precious Metals (TSX: DPM, Forum) slipped in the markets today in the wake yesterday’s release of the company’s Q4 and year-end 2015 results noting a Q4 net loss attributable to common shareholders of $48.5 million or $0.34 per share, versus a net earnings of $21.5 million or $0.15 per share for the matching 2014 period.
According to that news release, year-end figures came to a net loss attributable to common shareholders of $47.0 million or $0.33 per share for 2015 compared to $58.9 million or $0.42 per share for 2014.
Shares dropped 17.39% to $0.95 per share.
| Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
| Telesta Therapeutics Inc. (T.TST, Stock Forum) |
21.05% |
| Patient Home Monitoring Corp. (V.PHM, Stock Forum) |
10.47% |
| Mercer International Inc (MERC, Stock Forum) |
9.14% |
| Whistler Blackcomb Holdings Inc. (T.WB, Stock Forum) |
8.59% |
| Seabridge Gold Inc. (T.SEA, Stock Forum) |
7.52% |
| Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
| Dundee Precious Metals Inc. (T.DPM, Stock Forum) |
-18.26% |
| Continental Gold Inc. (T.CNL, Stock Forum) |
-13.33% |
| Athabasca Oil Corporation (T.ATH, Stock Forum) |
-12.95% |
| MEG Energy Corp. (T.MEG, Stock Forum) |
-10.11% |
| Paramount Resources Ltd. Class A Common Shares (T.POU, Stock Forum) |
-7.89% |