Valeant Pharmaceuticals International, Inc. (T.VRX) hit a new 52-week high of $55.24 Monday. Valeant Pharmaceuticals International, Inc. announced today that Valeant has acquired a 19.9% minority equity investment in Pele Nova Biotecnologia S.A. a Brazilian research company focused on tissue regeneration.
In return for the ownership, for which Valeant paid less than $10 million, Valeant will have representation on Pele Nova's Board of Directors, a reduced royalty rate for Regederm, rights to all future products in Brazil, and the first right of refusal for global product rights.
Regederm, a biologic wound healing product, was recently approved in Brazil and is expected to be launched in April.
The Brick Ltd. (T.BRK) hit a new 52-week high of $3.55 Monday. Brick Ltd. announced today that it has commenced an offer to purchase for cash any and all of its outstanding 12% Senior Secured Debentures due May 30, 2014 on the terms and conditions set out in the Offer to Purchase of The Brick dated March 12
Virginia Mines Inc. (T.VGQ) hit a new 52-week high of $9.81 Monday. No news announcements today
Atco Ltd. (T.ACO.X) hit a new 52-week high of $70.55Monday. No news announcements today
Intertape Polymer Group Inc. (T.ITP) hit a new 52-week high of $4.24 Monday. No news announcements today
Novadaq Technologies Inc. (T.NDQ) hit a new 52-week high of $6.47 Monday. No news announcements today
Peer 1 Network Enterprises, Inc. (T.PIX) hit a new 52-week high of $2.04 Monday. No news announcements today
Dollarama Inc. (T.DOL) hit a new 52-week high of $45.85 Monday. No news announcements today
Viterra Inc. (T.VT) hit a new 52-week high of $14.33 Monday. No news announcements today
Aurora Oil & Gas Limited (T.AEF) hit a new 52-week high of $4.06 Monday. No news announcements today
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