NEW YORK, Nov. 28, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities,
today announced Nuvo Pharmaceuticals
Inc (TSX: NRI; OTCQX: NRIFF), a commercial healthcare company, has qualified to trade on OTCQX® Best Market. Nuvo
Pharmaceuticals upgraded to OTCQX from the Pink® market.
Nuvo Pharmaceuticals begins trading today on OTCQX under the symbol "NRIFF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Nuvo Pharmaceuticals joins over 100 Canadian companies together representing $30 billion in
market capitalization that cross-trade their shares on our OTCQX Best Market," said Jason
Paltrowitz, Executive Vice President of OTC Markets Group. "OTCQX enables international companies to efficiently provide
U.S. investors with transparent trading and convenient access to their news and financials. We look forward to supporting Nuvo
Pharmaceuticals in the U.S. public market."
"Upgrading to OTCQX is an important milestone for the Company, and puts Nuvo Pharmaceuticals Inc. in the same market as many
esteemed global companies. The enhanced visibility and greater exposure to US retail and institutional investors resulting
from the OTCQX market is part of our strategy to expand our shareholder base and increase shareholder value," said Jesse Ledger, President and CEO of Nuvo Pharmaceuticals Inc.
Nuvo Pharmaceuticals was sponsored for OTCQX by Troutman Sanders LLP, a qualified third-party firm responsible for providing
guidance on OTCQX requirements and recommending membership.
About Nuvo Pharmaceuticals Inc
Nuvo is a commercial healthcare company with a portfolio of commercial products and pharmaceutical manufacturing
capabilities. Nuvo has three commercial products that are available in a number of countries; Pennsaid 2%, Pennsaid and the
heated lidocaine/tetracaine patch. Pennsaid 2% is sold in the U.S. by Horizon Pharma plc and is available for partnering in
certain other territories around the world. Nuvo manufactures Pennsaid for the global market and Pennsaid 2% for the U.S. market
at its FDA, Health Canada and E.U. approved manufacturing facility in Varennes, Québec.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink®
Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers
that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and
empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.