Industry News
Apollo acquires pre-clinical testing facility
Recently listed Sydney biopharma Apollo Life Sciences (ASX:AOP) has acquired a fully operational pre-clinical testing facility in Sydney, including equipment and staff with expertise in targeted and topical drug delivery. [ + ]
Bone Medical aims to raise $3.1 million
Bone disease biopharmaceutical company Bone Medical (ASX:BNE) has issued a prospectus with the aim of raising approximately AUD$3.1 million. [ + ]
Promising opening for Giaconda
Sydney-based gastrointestinal drug development company Giaconda (ASX:GIA) has listed today on the Australian Stock Exchange at AUD$0.585, eight cents above its issue price of $0.50. [ + ]
Chemgenex expands trial to include breast and ovarian cancers
Melbourne and California-based ChemGenex Pharmaceuticals (ASX:CXS) has expanded phase II clinical trials of its investigational anti-cancer drug Quinamed to include patients with breast and ovarian cancer. [ + ]
NeuroSolutions signs $100,000 contract
UK-based NeuroSolutions, the fully owned subsidiary of neurology-focused biotech NeuroDiscovery (ASX:NDL), is to receive about AUD$100,000 for providing electrophysiology services to drug development company Senexis over the next four months. [ + ]
Acrux granted four US patents, licensee meets with FDA
Acrux (ASX:ACR) has been granted four more US patents relating to its transdermal drug delivery technology. [ + ]
Box Hill Institute hires former AusBiotech CEO
Melbourne TAFE college Box Hill Institute (BHI) has engaged former AusBiotech executive director and CEO Dr Anthony Coulepis to advise on the delivery of education and training through its recently launched BioSkills initiative. [ + ]
Delays extend Prima-AstraZeneca partnership
AstraZeneca has agreed to extend the completion date for a validation study of Prima Biomed (ASX:PRR) subsidiary Arthron's anti-inflammatory Fc receptor target. [ + ]
Bird flu: threat to Australia 'unlikely'
An Australian expert on influenza believes it is unlikely that migratory birds will carry Asia's lethal H5N1 'bird 'flu' strain to Australia. [ + ]
Pharmaxis launches global capital raising
Sydney-based drug developer Pharmaxis (ASX:PXS) has opened a public offering on the sale of ordinary shares in US and a placement of shares in Australia to fund further clinical trials of its lead drugs Bronchitol and Aridol. [ + ]
US buy boosts Life Therapeutics' plasma business
Sydney-based Life Therapeutics (ASX:LFE) has acquired privately-held California-based Pyramid Biological for US$13 million, plus assumption of US$7 million debt, increasing its stake in the global plasma supply industry. [ + ]
Epitan founder: why I'm not leaving biotech
Epitan (ASX:EPT) founder and former managing director and CEO Dr Wayne Millen is set to retire as chairman of the board at the end of October but intends to continue to play a role in the company and the biotech sector. [ + ]
From A to Z: Amrad wants Zenyth as new name
Melbourne's Amrad Corporation (ASX:AML) has proposed that its name be changed to Zenyth Therapeutics. [ + ]
Magnetic resonance network for Queensland
The University of Queensland is establishing the Queensland Nuclear Magnetic Resonance Network (QNN), placing UQ at the forefront of international research in structural biology, biodiscovery and animal neuroimaging.
[ + ]Mesoblast stem cell trial gets ethics approval
Adult stem cell specialist Mesoblast (ASX:MSB) has received ethics approval to commence its first human orthopaedic trial. [ + ]