Industry News
Australian government to stockpile Relenza
The Commonwealth government has confirmed that it will add 1.8 million courses of Relenza to the National Medical Stockpile in preparation for a possible influenza pandemic. [ + ]
GroPep completes final malaria vaccine milestone
Adelaide-based biotech GroPep (ASX:GRO) has completed the manufacture of two vaccine antigens for the Bill and Melinda Gates Foundation-funded Malaria Vaccine Initiative (MVI). [ + ]
Pharmaxis touts progress in cystic fibrosis study
Sydney-based drug developer Pharmaxis (ASX:PXS, Nasdaq:PXSL) has begun the dosing phase of its phase II clinical trial in patients with cystic fibrosis. [ + ]
Novogen winds up probe into proxy votes
Cancer drug developer Novogen (ASX:NRT, NASDAQ:NVGN) has concluded its investigation into the reasons why there was an overwhelming majority of proxies against the company's remuneration report. [ + ]
Agenix CEO Home resigns
Donald Home has resigned as CEO and managing director of Brisbane-based Agenix (ASX:AGX, NASDAQ:OTC:AGXLY) after four and a half years with the company. [ + ]
CogState, Pfizer sign development deal
CogState (ASX:CGS) has signed an agreement with Pfizer worth up to AUD$1.28 million over three years to support the development of the Melbourne-based company's cognitive test portfolio. [ + ]
Biosignal awarded $1.5m grant
Sydney antimicrobial developer Biosignal (ASX:BOS) has been awarded a AUD$1.5 million Commonwealth government grant to develop new antibacterial coatings for medical implants and devices. [ + ]
Enlisting microbicides in the fight against HIV/AIDS
Sir Gustav Nossal writes that Australian scientists are at the vanguard of developing what could be the most effective weapons in the battle against one of the deadliest of diseases. [ + ]
CRC discovery contributes to asthma drug development
A discovery made at WEHI by the Cooperative Research Centre for Cellular Growth Factors (CRC-CGF) has led to the selection of an antibody-based drug for full preclinical development as a potential new treatment for asthma and other respiratory diseases.
[ + ]Medical Therapies sets out skin cancer animal trial plan
Newly-listed firm Medical Therapies (ASX:MTY) is set to begin a large-scale mouse study examining the effectiveness of its topical cream therapies as preventatives and cures for a variety of skin cancers. [ + ]
Peplin to raise $10 million for skin cancer trial
Peplin (ASX:PEP) will raise AUD$10 million through a placement to fund phase IIb clinical trials of its lead product, PEP005 Topical, in actinic keratosis (AK), also known as solar keratosis, a skin condition which can develop into skin cancer. [ + ]
Biota to collaborate with US firm MedImmune
Melbourne-based Biota Holdings (ASX:BTA) has entered into a licensing and collaboration agreement with US company MedImmune (Nasdaq:MEDI) to develop and commercialise Biota's small molecule compounds for the prevention and treatment of respiratory syncytial virus (RSV) infection. [ + ]
Glaxo is using delaying tactics: Biota CEO
The CEO of Melbourne company Biota Holdings (ASX:BTA), Peter Cook, believes GlaxoSmithKline is using delaying tactics in the current court case before the Victorian courts, in which Biota is suing GSK for up to AUD$430 million. [ + ]
Alchemia raises $5m in share purchase plan
Brisbane biopharma Alchemia (ASX:ACL) has successfully raised AUD$5 million, closing its share purchase plan heavily oversubscribed. Earlier this month the company raised $14.6 million through a share placement. [ + ]
BrainZ lists at premium
Auckland-based BrainZ (ASX:BZI), which develops monitors for the detection of brain injury, listed on the ASX today at AUD$0.54, four cents above its issue price of $0.50. [ + ]