Diamedica Inc.

Monthly archive

Press Releases - 2010

DiaMedica Receives $2.7 Million Through Accelerated Warrant Exercise

WINNIPEG, Manitoba - December 28, 2010 – DiaMedica (TSX-V:DMA) today announces, that pursuant to the provision of written notification provided on November 22, 2010 on the accelerated expiry of the warrants issued on June 30, 2010, DiaMedica has received proceeds of approximately $2.7 million resulting from the exercise of approximately 5.4 million warrants.

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DiaMedica Featured on BioTuesday.ca

WINNIPEG, Manitoba - December 1, 2010 - To read the featured interview with DiaMedica CEO Rick Pauls entitled "DiaMedica may hold Holy Grail for diabetes" please click on the following link : 

biotuesday.ca/2010/11/30/diamedica-may-hold-holy-grail-for-diabetes/

DiaMedica Accelerates Warrant Expiry Date

WINNIPEG, Manitoba - November 22, 2010 – DiaMedica (TSX-V:DMA) today announces that in accordance with the terms of the warrant indenture for those warrants issued on June 30, 2010 the Company has provided the required written notice to holders of such warrants that the expiry date has been accelerated to the close of business December 22, 2010.

DiaMedica Announces Research Collaboration with The Sanford Project, a Leading Type 1 Diabetes Research Center

 WINNIPEG, Manitoba – November 8, 2010 – DiaMedica Inc., (TSX-V: DMA) is pleased to announce the commencement of a research collaboration with The Sanford Project, a world leader in type 1 diabetes (T1D) research.

DM-199 Validated by Significantly Increasing Insulin Sensitivity by 122%

WINNIPEG, Manitoba - October 27, 2010 – DiaMedica (TSX-V:DMA) today announces that DM-199 has been validated by demonstrating significantly increased insulin sensitivity in animals using the hyperinsulemic euglycemic clamp model. Type 2 diabetes is a severely debilitating condition characterized by high blood sugar primarily due to a decrease in insulin sensitivity, which results in a number health problems including cardiovascular disease.

DiaMedica Announces Appointment of Vice President of Finance

WINNIPEG, Manitoba - October 20, 2010 – DiaMedica (TSX-V:DMA) today announces the appointment of James Parsons, CA as Vice President of Finance. Mr. Parsons will be assuming the role previously held by Mr. Eric Johnstone. Mr. Parsons has an extensive background in the life sciences industry and over 20 years of finance management experience. He was previously the Chief Financial Officer for both private and public life science companies including Amorfix Life Sciences, Trillium Therapeutics and Lorus Therapeutics.

DiaMedica Announces Positive Final Results in Type 1 Diabetes Study

WINNIPEG, Manitoba – October 14, 2010 – DiaMedica Inc., (TSX-V:DMA) is pleased to announce positive final results from its previously announced type 1 diabetes study.

DiaMedica Announces Dr. Michael Giuffre to Join Board of Directors

WINNIPEG, Manitoba – August 10, 2010 – DiaMedica Inc. (TSX-V:DMA) today announced the appointment of Dr. Michael Giuffre to the company’s Board of Directors.

Dr. Giuffre is a Clinical Professor of Cardiac Sciences and Pediatrics at the University of Calgary. Dr Giuffre is currently a member on the board’s of the Alberta Medical Association and Unicef Canada. He is a past representative to the board of the Calgary Health Region and is an active participant in the biotechnology business sector.

DiaMedica Announces Autoimmune Program with Positive Rheumatoid Arthritis Results

WINNIPEG, Manitoba - July 28, 2010 – DiaMedica Inc., (TSX-V:DMA) today announces the initiation of the Company’s autoimmune program with the success of DM-99 for the treatment of rheumatoid arthritis and other autoimmune diseases.

DM-99 was found to reduce joint swelling by up to 90% (p<0.001) in a collagen induced animal model of rheumatoid arthritis (RA) during the peak of the disease. A single dose of the protein DM-99 administered at the first signs of RA symptoms delayed the onset and severity of the disease.

DiaMedica initiates Type 1 diabetes study; Announces preliminary results

WINNIPEG, Manitoba - July 8, 2010 – DiaMedica Inc., (TSX-V:DMA) today announces that it has initiated a Type 1 diabetes program. The recently announced Sanomune acquisition allows DiaMedica to expand into Type 1 diabetes. The initiation of this program is based on encouraging preclinical results with DM-99, a naturally occurring protein that the company has previously shown to have clinical efficacy for Type 2 diabetes.

DiaMedica Announces Completion of Sanomune Acquisition and $2.26 million Prospectus Offering Also Announces Management Changes

WINNIPEG, Manitoba – June 30, 2010 – DiaMedica Inc. (TSX-V:DMA) (“DiaMedica” or the “Company”), is pleased to announce the completion today of its $2.26 million short form prospectus offering of units (the “Offering”) and its previously announced acquisition (the “Acquisition”) of Sanomune Inc., a privately held biopharmaceutical company focused on neurological disorders (“Sanomune”).

Therapure Biopharma Inc. signs Biomanufacturing contract with DiaMedica Incorporated.

TORONTO, ON, June 30, 2010 – Therapure Biopharma Inc. today announced an agreement under which Therapure will provide development services for DiaMedica Incorporated, a biopharmaceutical company based in Winnipeg, Manitoba. Under the terms of the agreement, Therapure will provide cell line development and protein production services to support clinical development for one of DiaMedica’s products, a protein which may be used for the treatment of diabetes and neurological disorders.