Chemeq raises $10m
Wednesday, 09 June, 2004
Perth pharmaceutical company Chemeq (ASX:CMQ) has raised AUD$10 million from a share placement to institutional and private clients with Bell Potter Securities.
Chemeq will use the fund from the placement, whch was made at $4.55 a share, to improve the productivity and efficiency of its new Perth manufacturing plan. The company is in the final stages of commissioning the plant for commercial production of its novel veterinary anti-microbial for the pig and poultry industries.
Retinal health linked to dementia risk, study shows
Researchers have discovered that the blood vessels at the back of the eye — called retinal...
Pancreatic cancer hijacks metabolism switch to help it spread
Pancreatic cancer hijacks a molecule known for regulating physiological processes, such as food...
Novel antibiotic activates 'suicide' mechanism in superbug
Researchers have discovered a new class of antibiotic that selectively targets Neisseria...
