Industry News
BTF earns fast growth kudos
Private Sydney-based biotech BTF has achieved 101 per cent revenue growth over the last three years, earning itself a place in the 2005 Deloitte Technology Fast 50 awards. [ + ]
Dia-B shares soar after filing insulin patent
Diabetes specialist Dia-B Tech's (ASX:DIA) shares rose nearly 70 per cent yesterday on news that it had filed a new Australian provisional patent to protect a mechanism for dispersing insulin more rapidly. [ + ]
UNSW joins Uniseed fund, commits $10m
The University of New South Wales (UNSW) has formally joined the pre-seed commercialisation fund Uniseed with a financial commitment of AUD$10 million. [ + ]
CSIRO, PolyNovo extend orthopaedic collaboration
PolyNovo Biomaterials and the CSIRO have shaken hands on an agreement to extend their collaboration on a radical new method of repairing damaged cartilage in the knees and joints, using the CSIRO-developed biopolymer NovoSorb. [ + ]
First patients recruited in Mesoblast stem cell trials
The first few patients have been formally recruited for two pilot clinical trials of Melbourne-based Mesoblast's (ASX:MSB) adult stem cell platform technology. [ + ]
Australian biotechnologist wins prestigious science award
Professor Linda Blackall, research director at the Environmental Biotechnology CRC (EBCRC), has won an international award for significant lifetime achievement in the field of biological wastewater treatment.
[ + ]Stem Cell Centre's DeVore to relocate back to US
After three years with the Australian Stem Cell Centre (ASCC), Dr Dianna DeVore has resigned as vice-president of clinical cardiac development, and will be returning to California to pursue stem cell collaborative opportunities, effective December 31. [ + ]
Victoria-Israel R&D fund launched
A US$6 million fund was launched today for joint Israeli-Victorian projects in areas such as biotechnology, healthcare, nanotechnology, environmental technologies and advanced manufacturing. [ + ]
New CEO at CogState
Following the resignation of CogState chief executive officer Peter Bick, Brad O'Connor has been promoted internally from chief financial officer to the CEO role. [ + ]
No holiday for Regenera shareholders as firm re-jigs merger
Shareholders in Regenera (ASX:RGA) have been asked to attend a meeting in Perth between Christmas and New Year, as the company seeks to revise terms of its planned merger with US firm Advanced Ocular Systems (AOS). [ + ]
New Biota CEO speaks of road ahead
On Friday, Biota Holdings (ASX:BTA) introduced Peter Cook as its new CEO and managing director, replacing Peter Molloy. On his first day at the company, Cook spoke with Ruth Beran about his background, the future for the company and the similarities between orbital engines and biotechnology. [ + ]
Garvan team links molecule to stress
Researchers at Sydney's Garvan Medical Research Institute may have provided an explanation for the dramatic breakdown of champion Australian marathon runner Lisa Martin-Ondieki at the Barcelona Olympics in 1992. [ + ]
Domantis, Bristol-Myers Squibb form partnership
UK firm Domantis, 36 per cent owned by Peptech (ASX:PTD), has signed an agreement with global pharma Bristol-Myers Squibb (NYSE:BMY) to develop domain-antibody (dAb) therapeutics for multiple immunology and cancer targets. [ + ]
Alchemia and TetraQ to collaborate on pain treatments
Brisbane biopharma Alchemia (ASX:ACL) will commence a collaborative research project next year with the University of Queensland through its preclinical service provider, TetraQ to develop a new generation of opioid-based painkillers to treat severe pain. [ + ]
More delays in GTG-Applera case
Two deadlines have come and gone, and a third expires today for Melbourne gene-testing company Genetic Technologies (ASX:GTG; NASDAQ:GENE) and US firm Applera, who were due to announce a resolution of their licensing dispute in California today. [ + ]