Ellex sells property for $4.43m
Friday, 20 January, 2006
Adelaide company Ellex Medical Lasers (ASX:ELX) has signed a contract for the sale of its building in Adelaide for a price of $4.43 million.
Ellex will use the proceeds to repay debt, which at 30 June 2005 totalled $5 million, including a $2 million loan on the property. The company expects to report a post-tax profit of approximately $1.5 million on the sale of the building in the second half of the current financial year ending 30 June 2006.
Cartherics and Catalent announce enhanced partnership
To support immune cell therapy products for the treatment of cancer and endometriosis, Australian...
Alliance seeks to boost regional capacity in clinical trials
Launched this week, the Barwon Health–Deakin University Clinical Trials Alliance is...
Lipid science receives new Australia-led online hub
The Lipid Network launched this month to build links between researchers, clinicians and industry...
