Industry News
Mayne eases the pain with a $25m suit against Pan
Healthcare giant Mayne has filed a Victorian Supreme Court claim against troubled manufacturer Pan Pharmaceuticals, following an estimated $AUD25 million-plus loss of revenue and recall costs. [ + ]
Progen scores Alchemia fallout
Discovery biotech Progen has snapped up one of the casualties of last month's Alchemia implosion, in the form of business development manager Dr Darren Schliebs, previously employed at Alchemia's San Francisco office. [ + ]
Solbec trades gold stakes to boost biotech
Anti-cancer biotech Solbec Pharmaceuticals has committed to abandoning its mining roots with a penultimate sell-off of several mineral leases, and a pledge to sell the remainder soon. [ + ]
Biosecurity requires constant vigilance
Australia needs to be vigilant about ensuring its current high level of scientific expertise in animal disease prevention and control is maintained in the future, according to speakers at CSIRO's Horizons in Livestock Sciences conference.
[ + ]New study points to possible 'flu firewall'
An Australian-US study has shown it may be possible to develop a 'firewall' vaccine against the world's most dangerous human pathogen, the influenza virus. [ + ]
Cephalon crosses Sirtex's takeover 'line in the sand'
US-based pharma Cephalon has pushed its share interest in drug delivery company Sirtex over the 85 per cent level, and so looks set to complete its intended takeover. [ + ]
IDT surprised by Virax claim
A claim from Virax Holdings that it had been approached by Melbourne company Institute of Drug Technology with a view to a full takeover, has taken IDT managing director Graeme Blackman by surprise. [ + ]
Dow boosts nanotech interests with Starpharma subsidiary appointments
US giant Dow Corning's investment in Australian nanotechnology has deepend with a series of high-profile Dow-related appointments to the board and management of Starpharma's US subsidiary Dendritic Nanotechnologies. [ + ]
Biota inks Sankyo deal
Biota has signed a letter of intent with Japanese pharma Sankyo to collaborate on the development of small molecule long-acting neuraminidase inhibitor (LANI) drugs. [ + ]
Gene may produce drought-resistant plants
The identification and duplication of a gene that controls production of plants' outermost protective coating may allow Purdue University (US) researchers to create crops with increased drought resistance.
[ + ]A forest in a petri dish
Molecular techniques are beginning to transform the forestry industry. Victoria's Department of Primary Industries' Forest Science Centre at Creswick has developed a way of growing wood in tissue culture, that enables researchers to rapidly determine effects of manipulating genes that influence wood growth and quality in long-lived forest trees. [ + ]
Amrad sells property, gets to stay on
Melbourne firm Amrad has sold its 4.7 hectare Richmond property to RMAC, a joint venture between Macquarie Bank and R Corporation, in a deal that allows Amrad to lease back its laboratory space, and provides a cash consideration of $AUD47.5 million. [ + ]
Humira gets the nod in Europe
Peptech-licensed monoclonal antibody Humira, produced by pharma Abbott, has been granted a positive opinion for the treatment of rheumatoid arthritis in Europe. [ + ]
Chemeq claims first blood in battle against superbugs
Western Australian biotech Chemeq is claiming an early victory against against so-called 'superbugs', or antibiotic-resistant pathogenic bacteria. [ + ]
Love-ins and protests over, it's down to work for new Qld precinct
The newest superstar among Australian life science research centres, the Queensland Bioscience Precinct, is getting down to business after an official opening that was part love-in, part confrontation. [ + ]