$450 Error Nukes Novo Nordisk’s Ozempic Patent, Opening Canada To Generics
Novo Nordisk (NYSE: NVO) has permanently forfeited Canadian patent protection for semaglutide—the blockbuster active ingredient in Ozempic and Wegovy—after failing to pay a routine $450 maintenance invoice in 2019. Under Canada’s Patent Act, once a missed-fee grace period lapses, rights “cannot be revived,” formally clearing the way for rival filings. Canadian maintenance charges start at […]
Trump Admin OKs US Steel Buyout With “Golden Share” For White House’s Perpetual Veto
In another challenge to the line between government and private interests, the Trump administration has cleared Nippon Steel’s $14 billion acquisition of US Steel, only after inserting a novel “class G” preferred share that gives any sitting president permanent veto power over major corporate decisions. President Donald Trump hailed the arrangement—codified under a national-security pact—as […]
Is Trump Moving Forward with Marijuana Rescheduling?
President Donald Trump reportedly pledged to advance marijuana rescheduling “soon” during a private meeting with House Republicans last week, even as other GOP lawmakers launch an investigation into how the previous administration handled the process. “We’ll be moving forward soon with rescheduling marijuana,” Trump told two House members during the closed-door meeting, according to a […]
Canada Sees Housing Starts Remain Flat In May
Canada’s housing starts remained largely unchanged in May, as the six-month trend in housing starts edged up just 0.8% to 243,407 units, according to data released Monday by Canada Mortgage and Housing Corporation. The trend measure, which smooths out monthly volatility, underscores a steady but subdued pace of homebuilding across the country. The seasonally adjusted […]
Augusta Gold Obtains Letter Of Interest From EXIM For Reward Project
Augusta Gold (TSX: G) is one step closer to financing the development of the Reward gold project in Nevada. The company has managed to obtain a letter of interest in support of the development of the project from the Export-Import Bank of the United States. The letter of interest suggests that EXIM could provide up […]
Power Metallic Secures Jabal Baudan Project In Saudi Arabia
Power Metallic (TSXV: PNPN) has managed to secure new land claims in a region few have had exposure to. The company this morning indicated it has been awarded new land claims in the Jabal Sayid Mineralized Belt, which is found in Saudi Arabia.
Utah Seeks to Build Second US Uranium Enrichment Facility
Utah officials announced Thursday a proposal to build a uranium processing facility at Camp Williams military base, part of an ambitious push to make the state a national nuclear energy hub and reduce US dependence on foreign uranium sources. The proposed facility would be operated by Utah Energy, a subsidiary of California-based startup General Matter, […]
First Majestic Silver: The Santa Elena Mine
The price of silver has been on a tear in 2025. At over $36.30 an ounce, the precious metal is up over 25% year to date. And since the start of last year, it’s up nearly 53%.
Equinox Gold: Guidance Cut After Issues At Greenstone
n a move surprising pretty well no one after the results we saw in the first quarter, Equinox Gold (TSX: EQX) has cut production guidance.. And not just at Greenstone, but across the board. And while production guidance has been reduced, as you can likely assume, expected costing has gone up. Dramatically. As has funding […]
Simply Solventless Q4 Earnings: So Much For Guidance
When it comes to the cannabis sector, as most retail investors know, there has been plenty of pain. All majors, from Canopy, to Aurora, to Tilray have seen massive erosion in market capitalization, revenues, and even growth prospects. But until recently, there was one relatively new name that seemed to escape that fate. Instead, it […]