Australian biotech market today 02.04.09
Thursday, 02 April, 2009
Healthcare is up 2 per cent on a good day’s trading on the stock exchange at 1.30pm.
Pharmaxis (ASX:PXS) is up 11c, or 6.4 per cent, on yesterday’s news it had reached a critical milestone in its Phase III trail of Bronchitol in cystic fibrosis patients.
Mesoblast (ASX:MSB) is up 2.5 per cent on recent news it had raised over $10 million from private and sophisticated investors.
Cardiac catheter manufacturer CathRx (ASX:CXD) is up almost 13 per cent, while proteomics company Fluorotechnics (ASX:FLS) is down almost 20 per cent on very low volumes.
Pathology company Sonic Healthcare (ASX:SHL) is up 42c to $11.49.
Avita Medical (ASX:AVH) is up slightly on improved sales of its respiratory products Breath-A-Tech and Funhaler spacers.
Biota (ASX:BTA) is up 3c to 68c while CSL (ASX:CSL) is up almost 60c to0 $32.70.
Novogen (ASX:NRT) is up a touch, as is Phosphagenics (ASX:POH).
Overuse of inhalers can increase heart attack risk
Overuse of reliever inhalers is associated with higher risks of developing and dying from...
Unhealthy Western diet could accelerate cognitive decline
An unhealthy Western-style diet is associated with a faster cognitive decline in people with a...
Cancer drug enters clinical trials based on a false mechanism
A cancer drug currently being tested in patients appears to have entered clinical trials based on...
