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Ontario Industry Updates

CAAP Company: CMAX Technologies Joint Venture Partner BlueOcean NutraSciences Inc. Announces World’s first Omega-3 Oils in XR Tablet Form

BlueOceanNutraSciences Inc. (TSXV:BOC) announced that it has received a Natural Products Number (NPN) from Health Canada for its extended release Omega-3 astaxanthin shrimp oil tablets (“XR tablets”), the World’s first Omega-3 oils in XR tablet form.

The Company’s shrimp oil XR tablets were developed by its joint venture partner, CMAX Technologies Inc. (“CMAX”).

NOVADAQ Enters Into Agreement to be Acquired by Stryker Corporation

NOVADAQ Technologies Inc. (NASDAQ:NVDQ) (TSX:NDQ) the leading provider of proven comprehensive fluorescence imaging solutions that improve clinical outcomes and reduce healthcare costs in minimally invasive and open surgeries, today announced that it has entered into a definitive arrangement  with Stryker Corporation to acquire all of the issued and outstanding shares of NOVADAQ.

Lumira Capital Launches Philanthropy Initiative with Leading Canadian Healthcare Foundations

TORONTO, June 6, 2017 ‐ Lumira Capital, a leading North American healthcare venture capital firm, announced today that it has launched a new philanthropic initiative whereby the firm’s partners will donate a portion of their profit share from Lumira Capital IV L.P. to up to fifteen leading healthcare foundations in Canada.