Industry News
Chemeq signs $1.4m sales order
Perth-based Chemeq (ASX:CMQ) has signed a new sales order for the shipment of CHEMEQ polymeric antimicrobial worth AUD$1.4 million over the next nine months. [ + ]
Narhex appoints new scientific advisory board
Narhex Life Sciences (ASX:NLS) has formed a new scientific advisory board, following Prof John Mills' appointment last week as managing director, replacing founder John Majewski, and the relocation of the company's head office to Melbourne. [ + ]
CathRx opens IPO for listing next month
Sydney medical device company CathRx has opened its initial public offering and aims to raise AUD$14 million before listing on the ASX in late October. [ + ]
New drug discovery facility for Melbourne
The privately funded Australian Cancer Research Foundation (ACRF) has awarded a grant of AUD$900,000 to Melbourne's St Vincent's Institute (SVI) to establish a rational drug discovery facility for cancer research. [ + ]
Biosignal woos potential customers in oil, gas
Sydney-based Biosignal (ASX:BOS) has piqued the interest of some major international oil and gas companies. [ + ]
Aussie biotech getting better at global partnering: report
The Australian biotechnology industry is showing new signs of maturity, evidenced by a substantial increase in international alliance activity, according to a new analysis by industry consultant Innovation Dynamics. [ + ]
GBC leads way in export success
GBC Scientific has recently completed a major shipment of atomic absorption spectrometers to India. The single order was for 58 instruments and a large volume of accessories and consumable items. GBC is an Australian manufacturer, with these instruments (and others) designed, developed and manufactured at the company's international head office in Dandenong, Victoria.
[ + ]Vaxine awarded $2.5m bioterrorism grant
Privately-held vaccine developer Vaxine and Flinders University have been awarded a grant of US$2.5 million over three years by the US National Institutes of Health (NIH) to develop vaccines that protect against bioterrorist attacks. [ + ]
Biota aims to raise $10m
Melbourne-based Biota Holdings (ASX:BTA) is aiming to raise more than AUD$10 million in a non-renounceable share offer to existing shareholders. [ + ]
Mesoblast to start commercial stem cell production
Melbourne-based Mesoblast (ASX:MSB) has signed a process development and manufacturing agreement with US life sciences company Cambrex Corporation (NYSE:CMB) for the large scale production of Mesoblast's adult stem cells. [ + ]
Local pharma firms to distribute Funhaler
Perth-based biomedical devices developer Visiomed Group (ASX:VSG) has successfully competed negotiations with three pharmaceutical wholesale distributors in Australia for the distribution of its Funhaler incentive asthma spacer into Australian pharmacies. [ + ]
Phosphagenics claims promising insulin results
Melbourne's Phosphagenics (ASX:POH) has successfully delivered insulin through the skin of animals using its patented transdermal drug delivery system TPM-01. [ + ]
Ventracor chalks up first revenues
Ventracor (ASX:VCR) has received its first revenues, in the form of a cheque from the University of Maryland Medical Centre as payment for a VentrAssist left ventricular assist device (LVAD) recently implanted in a patient as part of its US clinical trial. [ + ]
Psiron puts back cancer trial results
Sydney oncology therapy developer Psiron (ASX:PSX) has announced a delay in reporting the results of its first phase I clinical trial of its cancer-slaying CVA 21 viral therapy in melanoma patients because of delays in access to supplies of the virus. [ + ]
Premier subsidiary to go ahead with lung device
Premier Bionics (ASX:PBI) subsidiary Pulmosonix will continue with the development of its PulmoScreen device which measures lung damage following the successful completion of a proof-of-concept trial. [ + ]