Industry News
Research boosts cancer-fighters in yoghurt
'Smart yoghurts' that improve people's immunity and potentially fight cancer may soon hit the supermarkets shelves following a research breakthrough at the University of Western Sydney.
[ + ]Khan drops Biota takeover bid
Perth entrepreneur Farooq Khan has junked his plan to pursue a scrip-based hostile takeover of Biota Holdings Ltd. [ + ]
Ellex hit by sales slump, MD resignation
Ophthalmic laser manufacturer Ellex Medical was battered this week after announcing a downturn in revenues caused by lower than expected sales, as well as the unanticipated resignation of managing director Peter Rowland due to differences with the board over the direction of the company. [ + ]
Monash pain research nets UK licensing deal
A new approach to treating pain has been licensed to British company RiboTargets by Monash University in a deal brokered by Victorian technology commercialisation company Biocomm. [ + ]
Autogen, Antisense to raise $10m in separate placements
Two Melbourne companies, Autogen and Antisense Therapeutics, have launched fully underwritten share placements to raise more than $10 million between them in capital. [ + ]
IDG stable expands with new life science acquisition
IDG Communications, publisher of Australian Biotechnology News, this week acquired two titles -- Today's Life Science and Lab News -- from Vertical Markets. [ + ]
Devine, Progen split
Queensland biotech Progen Industries and business development vice president Dr Peter Devine have parted company. [ + ]
Abbott-Domantis agreement may affect Peptech's future
Pharmaceutical giant Abbott Laboratories has signed an agreement with UK-based Domantis that gives it non-exclusive access to Domantis' single-domain designer technology for new 'lite' antibody therapeutics. [ + ]
Non-contact blood monitor developed
A method of monitoring blood flow in human body tissue without touching the skin has been developed by researchers at Loughborough University, in the English Midlands.
[ + ]Panbio moves into DNA diagnostics
Medical diagnostics company Panbio Ltd, which has built its business around traditional microbiology kits, is moving into the fast-growing field of DNA probe-based diagnostics. [ + ]
NHMRC fellowships to spur commercialisation
The National Health and Medical Research Council has awarded five new Industry Fellowships to encourage researchers to learn more about the commercial aspects of R&D. [ + ]
Can our teeth make us healthier?
University of Queensland researchers are studying whether better oral health care could lead to an improvement in overall general health.
[ + ]VRI receives TGA approval
Western Australian probiotics company VRI BioMedical has received Therapeutic Goods Administration (TGA) approval for its gastrointestinal product, Progastrim. [ + ]
Ventracor to sell off its former core division
Ventracor is in negotiations to sell off its e-Health division to a potential purchaser identified after a worldwide search. [ + ]
