Investment to develop pain therapy

Thursday, 20 October, 2005

A pain drug development company spun out of The University of Queensland has received a $3.25 million investment commitment to develop its innovative pain therapy.

Spinifex Pharmaceuticals, an emerging biotechnology company specialising in the development of therapeutics for the treatment of neuropathic pain, has attracted investment from a syndicate including Symbiosis Group Limited, Melbourne-based GBS Venture Partners Limited and Uniseed.

Spinifex's core technology relates to the discovery (made by University of Queensland researchers led by Professor Maree Smith) of a novel pathway for the treatment of neuropathic pain. Professor Smith's group successfully validated this pathway using small molecules in well-defined animal models of neuropathic pain.

Related News

Colon cancer DNA in blood can guide chemo decisions

A simple blood test could change how doctors decide which patients with colon cancer need...

Non-invasive blood test helps rule out oesophageal cancer

Designed and developed in Australia, the PromarkerEso test is designed to offer a quick,...

Taste-based flu test enables rapid diagnosis

The diagnostic tool consists of the sensor molecule thymol and a virus-specific sugar building...


  • All content Copyright © 2025 Westwick-Farrow Pty Ltd