Mergers & Acquisitions

VANCOUVER _ The Centre for Drug Research and Development and its commercial arm CDRD Ventures have entered into a strategic collaboration with GlaxoSmithKline to provide new financial resources and leading drug development expertise for the development and commercialization of health research in Canadian institutions.

Pharmacy undergoing more consolidation as chain agrees to buy stores.

Under a proposed restructuring of the Niagara Health System by a provincially appointed supervisor, four hospitals in southern Ontario would be shut and replaced with a new acute-care centre in addition to a hospital being built in St. Catharines.

MaRS Innovation and The Hospital for Sick Children, both in Toronto, along with NovoTek Therapeutics Inc. of Beijing, China, have announced a strategic partnership to co-develop and bring to the Chinese market a novel therapeutic cream aimed at reducing scar formation following surgery.

Nine Zellers pharmacists sought an injunction to prevent their employer from selling thousands of patient records to Loblaws and Metro.

Just a week after Loblaw Company Limited announced the purchase of most of Zellers’ prescription files, The Overwaitea Food Group announced it will buy most of what’s left over.

These days it is more difficult to sell a practice, but these steps may improve your chances