Industry News
Phosphagenics seeks listing on UK's AIM
Melbourne-based Phosphagenics (ASX:POH) -– formerly Vital Capital -– has flagged its intention to seek a dual listing on the London Stock Exchange's Alternative Investment Market (AIM). [ + ]
Griffith team pinpoints genetic clue to migraine
Researchers at Griffith University's Genomics Research Centre have found an important clue to the cause of hormonally induced migraines, that may explain why women are three times more likely than men to suffer from migraine. [ + ]
CSL outsources anti-venom production to PlasVacc
Queensland based veterinary plasma company PlasVacc has signed and agreement to supply CSL with horse plasma for anti-venom applications. [ + ]
Fed decision backs GSK lawsuit, says Biota
A federal government decision earlier this month to stockpile Roche's Tamiflu, rather than the anti-flu drug Relenza, designed by Melbourne-based Biota (ASX:BTA), is being used by the Australian firm to support its legal claims that GlaxoSmithKline failed to support and promote Relenza. [ + ]
Cryosite and Peter Mac team up to store stem cells
Sydney-based cryogenic storage company Cryosite (ASX: CTE) has entered into an agreement with Melbourne's Peter MacCallum Cancer Centre to provide long term storage of patients' blood stem cells. [ + ]
Parental approval for BioPharmica spin off, prospectus launched
The spin-off and listing of BioPharmica was approved at a general meeting of Grandbridge (ASX: GBA) shareholders today by more than 99 per cent of shareholders. [ + ]
Supersonic research lifts off- at Mach 10
Australian and US defence interests have signed a $4.6 million contract to conduct a controlled scramjet experiment at Mach 10, or 10 times the speed of sound, at Woomera next year. UNSW at Australian Defence Force Academy is a partner in the project.
[ + ]Playing it safe in science can cause lasting harm: academy president
The President of the Australian Academy of Science, Dr Jim Peacock, has warned that governments could do “irreparable and lasting harm” by seeking to play safe when confronted by controversial technological change. [ + ]
Does Biosilicon deliver? Uni of Pittsburgh to investigate
Nanotechnology company pSivida's (ASX: PSD) UK subsidiary pSiMedica has signed a collaborative agreement with the University of Pittsburgh to evaluate the use of BioSilicon as a delivery platform for the university's proprietary DNA vaccine technology. [ + ]
EU patent snatchback won't affect GTG: Jacobson
The European Patent Office's decision to revoke a key patent on a breast cancer test owned by Utah-based Myriad Genetics will not prevent Myriad's Australian licensee, Genetic Technologies Ltd (ASX: GTG) providing the test in Australia and Asia. [ + ]
Victorians get $60 million for innovation infrastructure
The Victorian State Government will fund another round of the Science Technology Innovation Infrastructure Grants program (STII), providing $60 million to supports biomedical, environmental, agricultural, manufacturing and ICT infrastructure projects. [ + ]
AustCancer snaps up US vaccine developer
Australian Cancer Technologies (AustCancer, ASX: ACU) is the latest Australian company to announce an acquisition of a US company, with its proposal to acquire US vaccine developer Galenica Pharmaceuticals for around US$5 million in shares. [ + ]
The GM ban: what it will mean for plant biotech
The future of the Victorian wheat industry has moved from a biosecure glasshouse into a small, netted field plot at the International Centre for Cereal Breeding (CIMMYT) in Mexico. [ + ]
Political science: behind the GM ban
Almost two months ago, the Victorian Labor government stunned the state's biotechnology industry by imposing a four-year, legislated moratorium on genetically modified (GM) canola cropping. [ + ]
Living Cell Technologies issues prospectus for $7 million ASX listing
Cell therapeutics company Living Cell Technologies has issued a prospectus to raise almost AUD$7 million through both a rights issue and a general issue. [ + ]