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Stock impact report

B.C. startup attempting rare TSX-only biotech IPO, raising hopes for revival of issues on senior Canadian exchange [Toronto Globe and Mail (Ontario, Canada)]

Xenon Pharmaceuticals Inc. - Common Shares (XENE) 
Last xenon pharmaceuticals inc. - common shares earnings: 11/5 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xenon-pharma.com
B.C. startup attempting rare TSX-only biotech IPO, raising hopes for revival of issues on senior Canadian exchange B.C.’s Eupraxia Pharmaceuticals Inc. is trying to accomplish something no other Canadian biotech startup has done in 18 years: go public solely on the Toronto Stock Exchange. The proposed $50-million IPO, underwritten by Raymond James, BMO Nesbitt Burns and Canaccord Genuity, is being closely watched by Canada’s life sciences sector. “If it’s successful … it could pave the way for other high quality, innovative Canadian biotech and therapeutics companies to use a Canadian IPO as a springboard for scaling their businesses,” said Peter van der Velden, managing general partner with Toronto-based biotech financier Lumira Ventures. Victoria-based Eupraxia was hoping to price the deal on Wednesday after setting an initial range of $9 to $11 a share. After a bad day for biotech stocks on Tuesday, however, a few expected institutional orders didn’t come through, prompting the dea Show less Read more
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