Industry News
CSIRO’s IP revenues on the up
CSIRO has reported sharp rise in intellectual property revenues 2003-04 financial year, to $22 million -- a 60 per cent increase on its 2003-03 figure of $13.75 million. [ + ]
Macquarie start-up Applimex seeks extreme solutions for industry
New Sydney biotechnology company Applimex Systems, Macquarie University’s latest spin-off, is commercialising microbes that, in the modern tabloid lexicon, qualify as 'superbugs'. [ + ]
Alchemia's synthetic heparin on track
Alchemia (ASX: ACL) has completed the scale-up of its manufacturing process for synthetic heparin on schedule. [ + ]
Imugene crows over immune booster
Microbiologists warned nearly three decades ago that antibiotics used as livestock growth promoters were a human health hazard. [ + ]
New test developed for oesophageal cancer
Researchers at the Wolfson Institute for Biomedical Research at University College London have developed a test to detect cancer of the oesophagus which could improve survival rates. [ + ]
Select Vaccines boosted by licensing agreement
Select Vaccines (ASX: SLT) shares jumped 18 per cent to close at AUD$0.33 yesterday after the company announced it had successfully reached an agreement to license its hepatitis E laboratory and point-of-care diagnostic tests to Genelabs Diagnostics. [ + ]
Extreme makeovers: body-bits and injectable scaffolds
New Melbourne-based biotechnology company PolyNovo Biomaterials has gone into the body-bits business -- with a material straight from the surgery of the Starship Enterprise. [ + ]
Regenera sees new applications for technology
Regenera (ASX:RGA) has picked up three new applications for ocular applications of its core product Visagen, a proprietary formulation of synthetic steroid triamcinolone acetonide. [ + ]
Research makes waves
A five-nation oceanographic team is taking the first steps in a $3.6 million project studying the major flow of ocean currents between Asia and Australia and how they influence rainfall across Southern Australia and Indonesia.
[ + ]NSCC and Nephrogenix to explore origins of kidney, bone
The National Stem Cell Centre (NSCC) has signed a research collaboration agreement with Nephrogenix, the company responsible for commercialising outcomes from the Renal Regeneration Consortium (RRC), which is investigating kidney development and regeneration. [ + ]
Regenera set to begin Singapore trials
Regenera (ASX: RGA) has received ethics committee approval to begin Phase III human clinical trials for its synthetic steroid drug Visagen at the Singapore Eye Research Institute. [ + ]
FDA OK's higher dose of Starpharma's VivaGel
Starpharma (ASX: SPL) will move to the next stage of the Phase I clinical trial for its nanodendrimer-based vaginal microbicide VivaGel, after the US FDA approved a dose increase based on the interim trial results. [ + ]
Bacteria used to bolster ancient buildings
Micro-organisms thriving in polluted urban areas are held largely responsible for the crumbling of cultural heritage sites worldwide. Now, scientists from the University of Portsmouth, England, are looking at ways to reverse the trend and put some of the bacteria to good use.
[ + ]Biotech IPOs continue to provide excellent returns
Investors in the initial public offerings (IPOs) of Australian biotechnology companies have done well over the past six years -- despite the fact that the shares of most of the newly listed companies are currently trading below the price at which they were first sold. [ + ]
Meditech announces new CEO, chairman
Meditech Research (ASX: MTR) has appointed former CSL and Millennium Pharmaceuticals executive Dr Ian Nisbet as CEO to replace Chris Carter who stepped down on Friday, after a shareholder stoush in April forced his resignation. [ + ]