Government announces $440,000 to bolster overseas collaborations
08 June, 2010 by Staff WritersThe federal government has announced new funding of $440,000 to support 69 research collaborations between Australian and overseas groups, as part of the International Science Linkages – Science Academies Program.
Market Report: Aussie biotechs keep even keel amid cautious week
04 June, 2010 by David BinningDeclines in banks and miners pulled the S&P/ASX200 Index down today erasing Thursday’s gains and leaving the exchange pretty much where it started the week.
Prima BioMed gets European product designation
03 June, 2010 by Staff WritersPrima BioMed announced today that its CVac ovarian cancer therapy vaccine has been granted Orphan Medicinal Product Designation by the European Medicines Agency (EMA).
Burnett immunology centre gets nod from NATA
03 June, 2010 by Staff WritersThe Burnett Institute’s ImmunoMonitoring Facility (IMF) has become first such facility in Victoria, and only the fifth in Australia, to be accredited by the National Association of Testing Authorities of Australia.
Cochlear wins major design award
03 June, 2010 by Staff WritersCochlear has taken out this year’s coveted ‘red dot award:design’ for its Nucleus 5 System, a solution for people with severe to profound hearing loss.
New Aussie biofuels project
01 June, 2010 by David BinningAusBiotech will oversee a new federal government funded research project aiming to advance the understanding of second generation biofuels.
IP is key for medical tech companies
01 June, 2010 by Staff WritersA study looking at the $300 billion medical technology market has highlighted the need for Australian companies to be more mindful of protecting and promoting their IP if they want to share in the spoils.
Funding and deal making dries up for local industry
31 May, 2010 by Staff WritersThe Australian biotech and pharmaceutical industries saw an alarming 75 percent drop in venture fundings over the last four years, compared with a global decline of only 14 percent. That’s according to MedTRACK, a leading database of companies in the industry.
Glaxo’s asthma market lead to run out of puff
24 May, 2010 by Staff WritersGlaxoSmithKline will see its dominance of the Australian asthma treatment market eroded over the next few years by the arrival of new combination and generic products. That’s according to a new study from industry analysts Datamonitor .
Clinuvel gets pre-approval win in Italy
17 May, 2010 by Tim DeanItaly's National Health System has bucked the European regulatory system and approved the use and reimbursement of Clinuvel's photoprotective drug, afamelanotide, prior to it gaining regulatory approval in Europe or the US.
Relevare braces for IPO
14 May, 2010 by Tim DeanIn defiance of market conditions, Melbourne and San Francisco-based pharma company, Relevare Pharmaceuticals, is confident it can raise at least $20 million in an IPO, slated to take place this year.
R&D Tax Credit introduced to parliament
13 May, 2010 by Tim DeanAlmost precisely 12 months after it was first announced, the much-debated R&D Tax Credit legislation was introduced into parliament by Innovation Minister, Senator Kim Carr, today, but there's still controversy over the definition of "research and development."
Avexa reels from HIV drug dropout
13 May, 2010 by Tim DeanPositive phase III results weren't enough to save apricitabine, the flagship HIV treatment being developed by Melbourne-based Avexa.
Budget 2010: Not much for science or biotech
12 May, 2010 by Tim DeanThe 2010-2011 budget handed down by the Treasurer, Wayne Swan, last night was exceptional, if only for its unexceptional nature, with fiscal restraint overshadowing any major spending initiatives.
BIO 2010: Pulse from the floor
06 May, 2010 by Tim DeanIt's day three of BIO 2010, this year held in Chicago, which has managed to put on some splendidly warm spring weather, echoing the sentiment from the floor that the biotechnology industry has weathered the harsh winter of the global financial crisis and sunny climes are just over the horizon.
