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Nuvo Research Inc.

11:35 AM EST - Nuvo Research Inc. : and Paladin Labs Inc., a leading specialty pharmaceutical company, announced today that they have entered into a license and supply agreement granting Paladin exclusive Canadian rights to market and sell Synera®, upon regulatory approval. Synera is a topical patch that combines lidocaine, tetracaine and heat, using Nuvo's proprietary "Controlled Heat Assisted Drug Delivery" (CHADD) technology. Nuvo Research Inc. shares T.NRI are trading up $0.01 at $0.10.