Medical Tech Stock Jumps on Retail Agreement: Canadian Daily Small/Micro Cap Market Movers

Small
stocks making big moves on Tuesday, March 3, 2015 (as of 4 pm EST), as reported by Sean Mason, SmallCapPower.com

CardioComm Solutions, Inc. (TSXV: EKG) shares powered 29% higher to $0.09 on volume of more than 4.8 million shares Tuesday after the medical provider of electrocardiogram acquisition and management software solutions said it has entered into an agreement with a direct-to-pharmacy sales force for the introduction of the HeartCheck ECG PEN for sale into 517 independent retail pharmacies in Ontario starting in March 2015.

Oncolytics Biotech Inc. (TSX: ONC), meanwhile, reported that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation for its lead product candidate, REOLYSIN, for the treatment of primary peritoneal cancers. Oncolytics Biotech stock moved up 8% to $1.44 following the announcement.

 

Finally, Berkwood Resources Ltd. (TSXV: BKR) (FSE: BK2) shares climbed 33% to $0.04 after the junior explorer said it has signed a Mineral Property Option Agreement with a group of prospectors pursuant to which Berkwood has been granted an option to earn a 100%-interest in the Toco and Takwa River Properties in Quebec, adjacent and to the south of Visible Gold Mines 167 Project.