PRESS DIGEST-Canada - June 30

Theravance Biopharma Inc
Zymeworks Inc.

Theravance Biopharma Inc

TBPH

0.00

Zymeworks Inc.

ZYME

0.00

- The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


THE GLOBE AND MAIL


** Vancouver-based cancer drug-maker Zymeworks ZYME.O is acquiring Dublin-based Theravance Biopharma TBPH.O for a C$1.32 billion ($927.49 million) cash deal, marking the Canadian company's entry into the market of respiratory illness treatments.


** Alberta's proposal for a new oil pipeline to the West Coast will not be backed by any private-sector proponents, as the July 1 deadline to submit the proposal for fast-tracked federal consideration approaches.


NATIONAL POST


**Alberta will unveil the province's proposal for building a new million-barrel-a-day pipeline to the West Coast will be unveiled on Thursday, to diversify the country's export capacity to Asian markets in the face of tariffs from U.S. President Donald Trump.

($1 = 1.4232 Canadian dollars)