Industry News
Industry welcomes resurgence of IPOs
With the initial public offering (IPO) of medical device distributor LifeHealthcare Group last week and the IPO launch of New Zealand-based Innate Immunotherapeutics the week prior, expectations are growing that we will see a reawakening of the biotechnology IPO market the coming year. [ + ]
Review of R&D tax incentive bill
The Tax Laws Amendment (Research and Development) Bill 2013 will proceed to the Senate after being debated and passed in the House of Representatives without amendment this week. [ + ]
Acid ocean, biodiversity decline
Increasing levels of carbon dioxide are having an adverse effect on the diversity of invertebrates that live on coral reefs. [ + ]
Ascend, 3M team for cancer vaccine research
Ascend Biopharmaceuticals has entered an agreement with 3M Drug Delivery Systems to evaluate conjugating a 3M agonist with Ascend's ASN cancer vaccine platform. [ + ]
Biotron's BIT225 can clear out HIV reservoir pools
New data from a Biotron (ASX:BIT) study of its BIT225 drug candidate suggest it can reduce the quantity of virus in HIV reservoir cells as well as stopping HIV replication. [ + ]
GTG's breast cancer risk test is cost-effective
A virtual trial of Genetic Technologies' (ASX:GTG) BREVAGen genetic test for breast cancer risk shows it is most cost-effective in women with an intermediate risk. [ + ]
Potatoes may fight cancer
Massey University researcher Dr Esther Swee Lan Chong has found that potatoes may have cancer-fighting properties. [ + ]
Revised code to increase investor confidence: promote it on your website
Biotechnology companies are urged to display their adherence to the 'Code of Best Practice for Reporting by Life Science Companies' on the company website - either on the front page or on the investor relations landing page. [ + ]
Simavita raises $14m in Canadian IPO
Australian incontinence sensor device developer Simavita has been cleared to list on Canada's TSXV market following a $14m IPO. [ + ]
ResMed expands in EU with new M&A
ResMed (ASX:RMD) has acquired a Prague sleep breathing device distributor, giving it a dedicated presence in the markets of the Czech Republic and Slovakia. [ + ]
Academy claims more science investment needed
The Australian Academy of Science has presented a submission to the National Commission of Audit, arguing that Australia’s investment in science is moving backwards. [ + ]
Mice inherit learned behaviour
US researchers have found that mice biologically inherit information learned by their grandfathers, with their ancestors' experiences passed down through modified DNA. [ + ]
Excessive alcohol-drinking gene mutation discovered
A gene that regulates alcohol consumption - and, when faulty, can cause excessive drinking - has been discovered by researchers. [ + ]
Big congresses down under
Australia appears to have reached tipping point and is starting to attract large international congresses bringing thousands of delegates to our shores. [ + ]
Wild bugs drive wine partnership
A new partnership will provide winemakers with new insights into the microorganisms that play such an important role in wine tasting. [ + ]
