Life Scientist > Biotechnology

US device firm Heartware aims for ASX

07 December, 2004 by Renate Krelle

US venture-capital-backed artificial heart company Heartware is hoping to be the first in what might become a new wave of US firms considering an Australian IPO as an interim financing round, before moving on to a Nasdaq listing.


Industry cries foul over ACCC chicken labelling ruling

07 December, 2004 by Graeme O'Neill

The Australian Consumer and Competition Commission (ACCC), has dismayed Australia's agbiotech community by ruling that chickens fed genetically modified grain cannot be labelled GM-free.


Industry cries foul over ACCC labelling decision

07 December, 2004 by Graeme O'Neill

The Australian Consumer and Competition Commission (ACCC), has dismayed Australia's agbiotech community by ruling that chickens fed genetically modified grain cannot be labelled "GM-free".


Eqitx to raise $1.8 million

07 December, 2004 by Melissa Trudinger

Melbourne-based biotech managed investment group EQiTX (ASX: EQX) will ask shareholders to approve a AUD$1.8 million capital raising to provide working capital for its two projects ZingoTX and VacTX.


Peptech to pay shareholders dividend after patent win

06 December, 2004 by Renate Krelle

Peptech (ASX:PTD) is begrudgingly sharing the booty from its recent legal win, announcing today it would 'reward' shareholders with a dividend of 8 cents per share.


Cellestis gets FDA approval, raises $11m

06 December, 2004 by Melissa Trudinger

Australian immunodiagnostics company Cellestis (ASX:CST) has received approval from the FDA for its second generation QuantiFERON-TB Gold tuberculosis diagnostic test.


Acrux sees opportunity in competitor's FDA hiccup

06 December, 2004 by Melissa Trudinger

Acrux (ASX:ACR) CEO Igor Gonda says the failure of Proctor and Gamble (P&G) to gain approval from an FDA advisory panel for its testosterone patch to treat low libido in surgically menopausal women presents a good opportunity for Acrux and its US development partner Vivus to catch up.


Meditech begins second stage of Phase II

06 December, 2004 by Melissa Trudinger

Meditech Research (ASX:MTR) has commenced the second stage of its Phase II trial of HyCAMP, its proprietary formulation of chemotherapeutic drug irinotecan in combination with hyaluronic acid.


Proteome Systems chairman sets out company's new course

02 December, 2004 by Renate Krelle

Proteome Systems (ASX:PXL), once the great hope of the Australian biotech sector, has set a new course towards drug discovery and diagnostics, and away from its traditional identity as an instrument manufacturer -- and is considering selling sections of its business, as well as buying into a drug discovery play, as it changes focus.


New head named for QBF

02 December, 2004 by Renate Krelle

Neill Colledge, the senior portfolio manager and head of research for domestic equities at Queensland Investment Corporation (QIC), has replaced Kathryn Radford as CEO of the AUD$100 million Queensland BioCapital Funds (QBF).


Benitec to fight patent claims

02 December, 2004 by Graeme O'Neill

Brisbane-based gene therapy company Benitec (ASX:BLT) will continue to defend itself against what it today described as "baseless attacks" on its patent position by US company Nucleonics.


The re-invention game

01 December, 2004 by Graeme O'Neill

Big Pharma executives are searching desperately for a way of 'evergreening" the world's most lucrative drugs, the cholesterol-lowering statins, before they run out of patent protection in a few years time.


Pfizer to invest $36m in Aust

30 November, 2004 by Renate Krelle

Pfizer, the world's biggest drugmaker, has earmarked AUD$36.4 million over four years for Australian collaborations.


Stirling reports positive preliminary trial results

30 November, 2004 by Melissa Trudinger

Stirling Products (ASX: STI) has reported that preliminary results from the trials of its lead product ST810 (R-salbutamol) in pigs indicate significantly higher potency than expected, with economic viability at the lowest dose tested.


Select acquires remainder of subsidiaries

30 November, 2004 by Melissa Trudinger

Select Vaccines (ASX: SLT) will acquire the remaining 35 per cent of its two subsidiaries Picoral and Hepgenics from the Burnet Institute.


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