Krystle Chow’s Online Portfolio

December 18, 2006

Ottawa’s tech sector still looking for its heavyweights in 2006

Filed under: Business & tech

By KRYSTLE CHOW
Published in the Ottawa Business Journal newspaper and website.
Dec. 18, 2006

Click here to view this article on OttawaBusinessJournal.com.

Year 2006 was a solid one for the tech sector, marked by the purchase of several vibrant, growing local companies and strong employment levels, but also by the tightening of venture capitalists’ purse strings.

“On a scale of one to 10, it was maybe a seven,” says Robert Ford of tech law firm Gowlings.

Mr. Ford notes that there have been a lot of exciting deals in the market, including (more…)

December 11, 2006

Pfizer’s fizzle helps pave way for local firm’s cholesterol drug

Filed under: Business & tech

By KRYSTLE CHOW
Published in the Ottawa Business Journal newspaper and website.
Dec. 11, 2006

Click here to view this article on OttawaBusinessJournal.com.

Local biopharmaceutical company Liponex Inc. says it is now well-positioned to take the lead in the good-cholesterol drug market after the fall of Pfizer’s torcetrapib drug last week.

Liponex is currently conducting its first Phase 2 trials in heart patients for its CRD5 drug, which increases high-density lipoprotein (HDL) or “good cholesterol.”

Dr. Daniel Sparks, the company’s chief scientific officer, says CRD5 had already shown the ability to increase HDL by 20 per cent in its two-week Phase 1 trials with no apparent side-effects, even before the company had come out with its latest formulation.

The drug was also shown to lower triglycerides - the storage fat in bodies which also contributes to heart disease - by about 40 per cent.

He adds that there are no other compounds (more…)






















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