Industry News
Its genome sequenced, SARS patents proliferate
Following intense activity around the globe, researchers have identified critical aspects of the SARS genome -- and now the race is on to file patents. [ + ]
Engineering student's design takes top prize
UNSW engineering student David Snowdon is the NSW winner of the 2002/2003 Siemens Prize for Innovation, one of the country's richest awards offered within the tertiary engineering sector.
[ + ]Tiny protein prevents disease-related cell death
Researchers at The Burnham Institute in the US have found that humanin, a small, 24-amino acid protein recently discovered in studies of Alzheimer's Disease, suppresses activation of the protein Bax. Bax triggers pathologic cell death in a number of diseases, including Parkinson's, stroke, heart attack and degeneration of ovaries during menopause. These results suggest a novel target for therapeutic design based on inhibiting the cell destructive activity of Bax.
[ + ]Apprehension in biotech community following Vic GM freeze
Australia's agribiotechnology industry has reluctantly accepted the Victorian government's decision to impose a 12-month voluntary moratorium on growing Australia's first commercial crops of genetically modified (GM) canola in Victoria. [ + ]
BigShop retreats from Biota bid, but no hard feelings
Perth entrepreneur Farooq Khan is maintaining a stiff upper lip in the aftermath of his failed bid for a board seat on Biota Holdings. [ + ]
Euro giant Serono to develop Amrad compound
Melbourne-based Amrad has granted an exclusive license to Swiss/US company Serono to develop and commercialise emfilermin for use in reproductive health indications, under an option in the original partnership between the two companies. [ + ]
WEHI researchers using stem cells to prevent diabetes
Researchers at the Walter and Eliza Hall Institute are devising a stem-cell-based approach designed to prevent the development of type 1 diabetes in susceptible individuals by engineering the haematopoietic stem cells to express proinsulin after differentiation into antigen presenting cells. [ + ]
Monsanto, Bayer agree to Vic GM canola moratorium
Both Monsanto and Bayer CropScience have agreed to the Victorian State government's 12-month moratorium on the commercial release of GM canola in Victoria, which was announced by Minister for Agriculture Bob Cameron today. [ + ]
Compumedics distribution deal set to net millions
Sleep disorder specialist Compumedics has signed a deal with German medical manufacturer Draeger for distribution of its monitoring and diagnostic products. [ + ]
AGT patents genes for depression, anxiety
Five novel genes linked to depression and anxiety have been identified by AGT Biosciences (formerly Autogen) using the company's unique Israeli sand rat model for the disorder. [ + ]
Progen heartened by melanoma therapy trial
Three US patients with advanced, metastatic melanomas -- one of the most aggressive and rapidly lethal forms of cancer -- remain alive 22 months after being treated with PI-88, an experimental cancer therapy developed by Brisbane-based biotechnology company Progen. [ + ]
Melbourne industry group launches strategy
Recently-formed alliance The BioMelbourne Network has unveiled its action agenda for driving the Victorian biotechnology sector forward, focusing on building networks between science, government and business, and promoting Melbourne as a regional hub for the industry. [ + ]
Acrux libido drug readies for PII trials
Acrux subsidiary FemPharm is poised to commence a Phase II clinical trial testing its proprietary Metered Dose Transdermal System for the delivery of testosterone to women with low libido. [ + ]
Day in the sun for EpiTan
The anti-sunburn drug Melanotan has turned a pallid lifesaver into a bronzed god, according to initial results from trials conducted at Sydney's Royal Prince Alfred Hospital. [ + ]
Research institutes mine microarray gold
Some publicly-funded Australian biotech research institutes are enjoying lucrative returns from selling the microarray fabrication skills of their scientists. [ + ]