Industry News
AustCancer finds cancer jammer molecule
Perth-based cancer therapeutics developer Australian Cancer Technology's (ASX:ACU) joint discovery project with Cambridge-based BioFocus (AIM:BIO) has designed a tiny spanner to jam the molecular works of cancer cells that evade conventional chemotherapy and radiotherapy. [ + ]
Hunt for SARS source far from over: researcher
Virologists have some suspects, but the animal that originally hosted the lethal coronavirus that causes severe acute respiratory syndrome (SARS) in humans remains unidentified. [ + ]
New online publishing system boosts access to resources
In a boost for Australasian research, leading e-publisher RMIT Publishing has announced the release of a new online publishing and content management system to provide researchers with better access to a wide range of Australasian online resources currently available on its Informit Online service.
[ + ]S&P raises ResMed ratings
Standard & Poor's ratings services has raised its corporate credit rating on ResMed (ASX:RMD) to 'BB-' from 'B+', and raised its senior subordinated debt rating on the company to 'B' from 'B-'. [ + ]
Qld's Élan joins with US Meditech on biohazard
Queensland company Élan BioDynamics, a wholly owned subsidiary of the Élan Group, has entered a joint venture with US company Meditech Pharmaceuticals to commercialise a system for detection of biological hazards including aflatoxin, and anthrax. [ + ]
Pest solution goes back for mouse-to-mouse resuscitation
Plans to conduct the first contained field trial of a transgenic virus designed to prevent episodic plagues of the house mouse in the Australian wheat belt have been set back while researchers work to improve its transmission under field conditions [ + ]
CogState ponders market options
Unlisted Melbourne company CogState is contemplating a float on the Australian Stock Exchange, according to CEO Dr Peter Bick. [ + ]
Sol-gel diversity revealed at ANSTO-sponsored meeting
In the last week of August, Australia's first international meeting on sol-gel science and technology revealed the diversity of a scientific process which can produce ceramic and glass materials at low temperatures for use in areas ranging from biotechnology, telecommunications, protective coatings, nanotechnology, environmental monitoring and waste clean-up.
[ + ]Gradipore's loss slightly higher than expected
Sydney bioseparations specialist Gradipore (ASX:GDP) has reported an operating loss for 2002-03 of AUD$16.7 million, down from an $18.5 million loss the previous year but slightly higher than the figure forecast by the company in May. [ + ]
Prima touts human trials hopes for vaccine tech
Prima Biomed subsidiary PanVax is planning to test its DCtag adjuvant technology with an existing marketed vaccine in human clinical trials, aiming to demonstrate enhanced immunogenicity of the re-engineered vaccine compared to existing formulations. [ + ]
Cancer drug trials lift Progen losses
Research and development costs -- including the expense of continuing clinical trials of its promising anti-cancer drug PI-88 -- have seen Brisbane drug-development company Progen Industries (ASX:PGL, NASDAQ:PGLAF) post a net operating loss of AUD$7.8 million to June 30. [ + ]
Biota reports loss with silver lining
Melbourne-based drug-discovery company Biota Holdings Ltd (ASX:BTA) has reported a AUD$10.3 million loss for the year to June 30, but much of the loss was due to $9.8 million in expenses incurred by its new US subsidiary Biota Inc during its first full year of operation. [ + ]
AGT presents new data on obesity
AGT Biosciences (ASX:AGT) has presented data on a new gene linked to obesity at the International Diabetes Federation Conference in Paris. [ + ]
Antisense launches Phase I MS trials
Antisense Therapeutics has initiated its first Phase I clinical trial for antisense inhibitor ATL1102, which is being trialled as a treatment for multiple sclerosis. [ + ]
Ross River study offers arthritis clues
Hundreds of Australians have endured misery and debilitating arthritic pain in the joints after being infected by mosquito-borne Ross River Virus. The symptoms can last for months, and recovered patients can relapse years later. [ + ]