InvestorIdeas.com Snapshot for - TSX Top Traders: (KEL), (BTO), (NRI), (BBD-B)
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New York, New York - March 5, 2013 (www.investorideas.com newswire) Kelt Exploration Ltd., (TSX:KEL) trading at $5.620 gained $0.100 or 1.81% on a volume of 3,874,212 shares, making it today's top trader on the TSX.
Kelt Exploration Ltd., (TSX:KEL) trading at $5.620 gained $0.100 or 1.81% on a volume of 3,874,212 shares, making it today's top trader on the TSX.
B2Gold Corp., (TSX:BTO) trading at $2.820 dropped $-0.030 or -1.05% on a volume of 3,245,297 shares.
Nuvo Research Inc., (TSX:NRI) trading at $0.055 lowered by $-0.020 or -26.67% on a volume of 3,037,477 shares.
Nuvo Research Inc. announced earlier today that its U.S. licensing partner, Mallinckrodt, the Pharmaceuticals Business of Covidien, has received a Complete Response Letter from the U.S. Food and Drug Administration following the review of Mallinckrodt's New Drug Application for diclofenac sodium topical solution, 2% w/w (PENNSAID 2%).
In the letter, the FDA requires that Mallinckrodt successfully complete a pharmacokinetic study comparing PENNSAID 2% to original PENNSAID 1.5%. Similar pharmacokinetic studies submitted by Mallinckrodt with the NDA were not acceptable to the FDA because reserve samples were not retained at the clinical site. Mallinckrodt has indicated to Nuvo that it expects to complete the study and submit the results to the FDA in the third calendar quarter of 2013, and that it anticipates the FDA will provide a formal response to the filing within 6 months thereafter.
Bombardier Inc., (TSX:BBD-B) trading at $4.05 went down $-0.01 or -0.25% on a volume of 3,028,870 shares.
Bombardier announced yesterday that it will provide a program update on its game-changing CSeries aircraft to media representatives and financial analysts at 10 a.m. on March 7 th, 2013, at its facility in Mirabel, Québec. Invitees can attend the two-hour event in person or join via live webcast. UK-based journalists are invited to attend a briefing and tour of Bombardier''s Belfast, Northern Ireland, CSeries wing manufacturing and assembly facility, where they will also be able to join the live video webcast.
Shortly after the event, a recording of the webcast will be available at: www.bombardier.com and www.ir.bombardier.com.
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