Australian biotech market watch 30/09/09
Wednesday, 30 September, 2009
A rather flat day on the markets on this last day of September, with the All Ordinaries sitting around the 4,746 mark as of 2:00pm this afternoon and the heath care indices following suit.
Of the Big Three, bionic ear pioneer, Cochlear (ASX:COH) is up a modest 63c to $67.39 and ResMed (ASX:RMD) remains flat at $5.17. CSL (ASX:CSL), which has been in the news of late with controversy over the national rollout of H1N1 vaccines, is down 36c, or 1.1% to $33.39.
Ansell (ASX:ANN) managed to lift by 1.62% to $10.06 in low volume trading after a rather flat couple of weeks.
The only other movers are Fisher & Paykel Healthcare, up 1.9% to $2.69, recovering some of the losses it's experienced since its high of $2.80 at the beginning of September, and Sonic Healthcare, up 38c to $14.24, which is 3.8% for the week.
Eye disease specialist, pSivida (ASX:PVA), dropped 57c to $4.95 after it announced early safety and efficacy results of its drug Iluvien, which proved "promising".
Common arthritis drug also lowers blood pressure
Scientists have known for a while that methotrexate helps with inflammation, but it may also help...
AI enables precise gene editing
A newly developed tool utilises AI to predict how cells repair their DNA after it is cut by gene...
Shingles vaccine may reduce risk of heart attack and stroke
Vaccination with either the recombinant herpes zoster vaccine or the live-attenuated zoster...