Starpharma raises $32m to fund VivaGel trial
16 November, 2011 by Dylan Bushell-EmblingStarpharma Holdings (ASX:SPL) has raised $32 million in a placement, and will seek a further $3 million in a SPP, to help fund clinical trials and new product development.
Comment invited on R&D Tax Incentive Discussion Paper
15 November, 2011 by AusBiotechAusIndustry has released a Discussion Paper on the R&D Tax Incentive in an effort to engage with a wide range of audiences to encourage an innovation culture and enable the development of strong guidance material for the new R&D Tax Incentive.
Psivida plummets after FDA knockback
15 November, 2011 by Tim DeanShare price drops by over 50% as FDA demands two more clinical trials for Psivida's flagship treatment, Iluvien, before it's approved for sale.
Phosphagenics raises $3 million in oversubscribed SPP
14 November, 2011 by Dylan Bushell-EmblingVictoria-based Phospagenics (ASX:POH) has raised $3 million in a heavily oversubscribed share purchasing plan to fund the development of its targeted drug delivery products.
Broadvector acquires CSIRO prostate cancer vaccine IP
11 November, 2011 by Dylan Bushell-EmblingBroadvector has completed acquisition of IP from CSIRO for early-stage prostate cancer therapy and prostate cancer vaccine, with CSIRO becoming a major shareholder in the company.
Mesoblast posts successful results from diabetes stem cell trial
10 November, 2011 by Tim DeanA pre-clinical animal trial of Mesoblast's (ASX:MSB) stem cell treatment for Type 2 diabetes has shown positive results, with phase II trial planned for 2012.
Sunshine Heart sees positive results in heart pump trial
10 November, 2011 by Dylan Bushell-EmblingFeasibility trial shows Sunshine Heart's (ASX:SHC) C-Pulse heart pump significantly improved heart function, setting the stage for more thorough testing in 2012.
AusBiotech announces formation of the AusMedtech Health Economics Expert Panel
09 November, 2011 by AusBiotechA new health economics panel has been launched to advise on key issues affecting medical devices companies regarding the assessment and reimbursement of medical devices diagnostics in Australia.
QRxPharma gets target date for MoxDuo IR FDA approval
08 November, 2011 by Staff WritersPending approval by the FDA, QRxPharma's (ASX:QRX) MoxDuo IR could be given the go ahead for sale by June 25 2012.
AusBiotech and PwC webcast gives update on the state of the nation's biotechnology sector
08 November, 2011 by AusBiotechThe latest in the series of webcasts that discuss the latest happenings in the sector with AusBiotech and the results of PricewaterhouseCoopers' (PwC) BioForum quarterly report is out now.
Immuron submits IND for liver disease drug
08 November, 2011 by Staff WritersImmuron (ASX:IMC) to commence phase IIb clinical trial for drug to treat fatty liver disease, including Nonalcoholic steatohepatitis (NASH).
Alchemia to spin off oncology business
07 November, 2011 by Tim DeanAlchemia (ASX:ACL) intends to create new wholly-owned oncology business to develop chemotherapy drug delivery technology, HyACT.
Circadian to start phase I trials for cancer drug after receiving IND approval
04 November, 2011 by Staff WritersCircadian (ASX:CIR) to initiate phase I trials after receiving investigational new drug status from the Food and Drug Administration for VGX-100 anti-cancer drug.
Clinuvel’s Scenesse sees positive trial results
04 November, 2011 by Staff WritersA phase II study of Clinuvel’s (ASX:CUV) photoprotective Scenesse shows it is effective and safe in treating the rare disorder, erythropoietic protoporphyria (EPP).
Joint venture saves Living Cell Technologies from closure
02 November, 2011 by Tim DeanA 50/50 joint venture with Japanese Otsuka Pharmaceutical Factory has injected $25 million into the company which was running perilously short on cash.
