Industry News
Cytopia strengthens deals with US biotech Chemicon
Immune disease drug discovery company Cytopia has again joined forces with Californian life sciences group Chemicon International, this time to develop and commercialise recombinant protein kinases. [ + ]
Qld's junior biotechs get a buffer against commercial realities
Queensland is moving to ease the nasty shock felt by fledgling biotechs hatched in the tertiary sector's "sheltered workshop" environment when they encounter the cost of commercial office and lab space. [ + ]
Aust researchers' IP rights at risk in NIH grab
Australian scientists with funding from the US National Institutes of Health (NIH) are in danger of losing their rights to intellectual property resulting from their research. [ + ]
WA researchers developing virus-resistant legumes
Scientists at the Centre for Legumes in a Mediterranean Climate (CLIMA) in Western Australia are using transgenic techniques to develop new varieties of legumes with resistance to viruses. [ + ]
Promics gets VC vote of confidence
Drug discovery company Promics has received a $2.5 million vote of confidence in its anti-inflammatory candidate PMX 53 from venture capital backers. [ + ]
Inquiry panel set up for fraud allegations
An external inquiry will be held to investigate complaints made against University of NSW immunologist and renal specialist Prof Bruce Hall. [ + ]
Cbio announces drug manufacture success
Cbio announced at the Bio 2002 conference in Toronto that it had successfully manufactured its first drug, called Early Pregnancy Factor (EPF), and was on track to start its first clinical trials next year. [ + ]
Vig govt chips in to Canadian synchrotron project
Victoria's government has committed $2 million to a collaboration with Canada aimed at developing synchrotron beamlines. [ + ]
Qld dismisses deficit fears, promises continued biotech support
A spokesman for Queensland Premier Peter Beattie yesterday dismissed fears that a $486 million operating deficit in accrued accounts this financial year will affect funds promised for biotech projects. [ + ]
What (anti)matters to big bang scientists
A laboratory for studying one of the great mysteries of the universe has opened at the University of Sussex in England.
[ + ]Chemeq chuffed by capital raising
Chemeq has raised another $2.75 million as a result of a share purchase plan offered to its shareholders last month, bringing the total amount of funds raised recently to about $7.5 million. [ + ]
US deal puts Axon on track for new screening product
Instrumentation and software developer Axon Instruments has signed an exclusive deal with the US maker of an electrode device that can be used to scan potential drugs for use in heart disease, chronic pain, diabetes, high blood pressure and migraine. [ + ]
Biotron R&D effort boosted by Waters deal
Instrumentation company Waters Australia will be assisting Canberra-based Biotron in its CT-1 cancer biomarker project, according to details of a new collaboration. [ + ]
Vic govt open for business in San Francisco
Efforts to pursue North American business opportunities for Victorian biotechs have been redoubled with the opening today of a dedicated office in San Francisco. [ + ]
Norwood Abbey patent success
Australian technology enabling the collection of intracellular fluid for analyte measurement without the use of a needle has gained a United States patent. [ + ]