Industry News
Bionomic's epilepsy diagnostic receives positive feedback
Thebarton (SA) epilepsy specialist Bionomics (ASX:BNO, BNOOA; US OTC:BMICY) is getting positive feedback on its newly commercialised DNA diagnostic for severe myoclonic epilepsy of infancy (SMEI). [ + ]
Discovery time recommended in dispute between Ventracor and Heartware
An initial recommendation has been made in the patent infringement dispute between Sydney artificial heart firms Ventracor (ASX:VCR) and Heartware (ASX:HTW). [ + ]
Prana CEO resigns, PBT-2 development to continue
Dr Jonas Alsenas has resigned as CEO and director of Melbourne based Prana Biotechnology (ASX:PBT; NASDAQ:PRAN), with Geoffrey Kempler re-assuming the joint positions of executive chairman and CEO. [ + ]
Committee for Melbourne report calls for action
Victoria won't meet its objective of becoming a top five global biotech location by 2010 if Victorian biotech companies fail to attract expansion capital, according to a report released today by the Committee for Melbourne (CfM). [ + ]
In brief: Psiron, pSivida, Meditech Research, Optiscan Imaging
Greg Williams is Psiron's (ASC:PSX) new chief financial officer, a position he commenced on June 14. [ + ]
New insights into treating heart attack and stroke
Assoc Prof Shaun Jackson, from the Australian Centre for Blood Diseases at Monash University, has won this year's Amgen Medical Research Award for the discovery and development of a new treatment for coronary heart disease and stroke. [ + ]
The sheep genome project
Australia and New Zealand research and funding agencies are joining hands across the Tasman for a major genomics project on the animal on which both nations' economies were founded -- the sheep. [ + ]
Apollo Life Sciences IPO oversubscribed and closes early
Sydney-based biopharma Apollo Life Sciences has closed its AUD$9.5 million initial public offering early and heavily oversubscribed, its underwriter Blackwood Capital said. [ + ]
Government announces Fellowships for 2005
The Minister of Education, Science and Training, Dr Brendan Nelson has announced a total of 24 Federation Fellowships in Canberra early in June. The Australian Government, through the Australian Research Council, will provide A$40 million for new Fellows over the next five years.
[ + ]In brief: Mesoblast, Epitan, Acrux, Avantogen
Mesoblast (ASX:MSB) has appointed Dr Tamara Lewis as manager of clinical and regulatory affairs. [ + ]
Opara calls for changes at Polartechnics
Just under a week since Richard Opara stepped down from his role as interim chairman of Polartechnics (ASX:PLT) and resigned as director on June 8, his company Patonville, has served a requisition on Polartechnics to convene an Extraordinary General Meeting. [ + ]
Patent granted for Solbec's Cormasine
Perth biotech Solbec Pharmaceuticals (ASX:SBP) has been granted an Australian patent covering aspects of the manufacturing, purification process and formulation of the active pharmaceutical ingredients of the company's lead compound Coramsine. [ + ]
Lab-on-a-chip shows analytical prowess
The Australian Centre for Research on Separation Science (ACROSS) at the University of Tasmania has opened a new million-dollar laboratory to develop and manufacture microfluidics chips capable of analysing samples thousands of times smaller than a drop of water. [ + ]
Funding for ARC centres of excellence and federation fellowships
Eleven new ARC centres of excellence and 24 federation fellowship receipients will share $162 million in federal government funding. [ + ]
Metabolic raises $10 million
Melbourne based Metabolic Pharmaceuticals (ASX:MBP) has lifted its trading halt and reinstated its shares on the ASX's official quotation following the completion of a AUD$10 million private placement and the offer of a $10 million share purchase plan. [ + ]