Industry News
Path to overcome antibiotic resistance
Researchers believe they have solved a serious problem faced by the medical community with the most important antibiotics in general use today, the b-lactam family of products: the increasing development of drug resistance.
[ + ]A Wellcome boost for health in the Asia-Pacific
UK biomedical research charity the Wellcome Trust has joined the governments of Australia and New Zealand to launch a series of health initiatives that could help save the lives of millions of people in the Asia-Pacific region.
[ + ]Virax soars on positive Phase II results
Virax's share price (ASX:VHL) soared 28 per cent today on heavy trading after the company released good results for its HIV immunotherapy Phase IIa clinical trial. [ + ]
GroPep to receive $3.8m at malaria milestone
Adelaide-based biotech GroPep is to receive AUD$3.8 million from the Gates Foundation-funded Malaria Vaccine Initiative (MVI) and the Program for Appropriate Technology in Health (PATH), after meeting the first milestone in a project inherited from Biotech Australia. [ + ]
New ocean forecasting for Australia
Ocean forecasting information will soon be available to serve Australians in the same way atmospheric weather forecasting has delivered for on-land populations, following the recent announcement of a $15 million Australian Government initiative.
[ + ]Amrad unveils new CEO, chairman, business model
Dr Peter Smith, a British-born former biotech analyst and company founder, has been named as the new CEO of Melbourne firm Amrad (ASX:AML) at its annual general meeting today. [ + ]
New alliance gives GTG stronger grip on gene testing
Genetic Technologies (ASX:GTG) has formed a strategic alliance with the Perth-based CY O'Connor ERADE Village Foundation that is intended to strengthen GTG's already formidable -- and controversial -- grip on gene testing using non-coding DNA sequences. [ + ]
AusBiotech appoints policy and comms officer
Industry association AusBiotech is moving to cement its role as an advocate for Australia's biotechnology industry, with the appointment of former SDA Biotech principal Paris Brooke to a newly created role in policy and communications. [ + ]
Eiffel hires ex-PowderJect manager as COO
Drug reengineering company Eiffel Technologies has recruited former PowderJect technologies manager Dr Pascal Hickey as chief operating officer. [ + ]
Tight budget at Monash forces Metabolic sell-off
In a drastic move to raise more funds for medical research, Monash University has sold off 6 million of its shares in promising Victorian biotech Metabolic Pharmaceuticals (ASX:MBP). [ + ]
New plea: just $5m needed for homegrown genome project
Australia risks being left out in the cold if it doesn't participate in efforts to sequence the marsupial genome, say leading genomics scientists who are trying to raise AUD$5 million in support of Australian participation. [ + ]
Bionomics files for new epilepsy patent
Adelaide biotech Bionomics (ASX:BNM, US OTC:BMICV)) has filed a provisional patent application on a DNA diagnostic test for a benign form of epilepsy that causes seizures in early childhood. [ + ]
Clear success - on a plate
Scientist at a British company have discovered a way of making the glass plates used in laboratories 200 times more effective.
[ + ]Two new businesses for biotech hub
Sydney's Australian Technology Park biotech hub has grown to nine companies with two new businesses recently joining the BioFirst precinct. [ + ]
Polartechnics secures commitment to raise $5m
Medical device company Polartechnics (ASX:PLT) today announced it had secured commitments to raise $5 million to assist in international marketing of its three core products. [ + ]