Bioniche makes new licensing agreement, hits 52-week high

Bioniche Life Sciences (T.BNC) hit a new 52-week high of $1.14; Bioniche Life Sciences Inc. announced that it has met the obligations associated with two milestones under its licensing agreement with Endo Pharmaceuticals (Nasdaq: ENDP) for exclusive rights to develop and market Bioniche's proprietary product for non-muscle-invasive bladder cancer in North America. The achievement of these milestones triggers a total payment of $8 million U.S. to Bioniche from Endo.

Endo Pharmaceuticals has also elected to exercise its option for exclusive rights to develop and market the product globally. As a result of the decision, Endo will all assume all external development expenses for the product.

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BPO Properties Ltd (T.BPP) hit a new 52-week high of $20.67 no news announcements today

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Total Energy Services Inc. (T.TOT) hit a new 52-week high of $8.64; no news announcements today

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