Industry News
University funding cuts to be re-examined
With the Australian National University announcing cuts to jobs, the new higher education minister plans to re-evaluate university funding [ + ]
pSivida initiates posterior uveitis trial
pSivida (ASX:PVA) has commenced recruitment for one of two planned US phase III trials of its injectable micro-insert in posterior uveitis. [ + ]
Invest in science or fall behind
The Australian Academy of Science has launched its 2013 election policy that calls on the government to work with the science sector to build a long-term strategic vision for Australia’s future. [ + ]
Review of employee share schemes announced
AusBiotech was pleased to learn that the government has announced it will review the policy settings around employee share schemes (ESS). [ + ]
GI Dynamics raises $57.5m for US diabetes trial
GI Dynamics (ASX:GID) has closed a $57.5m placement and launched an SPP worth up to $2.5m, securing funding for its US trial of EndoBarrier in type 2 diabetes. [ + ]
Allied Healthcare increases stake in vaccine
A next-generation therapeutic vaccine for genital herpes has received an investment boost from Allied Healthcare Group. [ + ]
Biotron presents HIV trial data at IAS 2013
Biotron (ASX:BIT) has presented trial data at International AIDS Society 2013 showing BIT225’s potential to target HIV reservoir cells and cross the blood-brain barrier. [ + ]
Phylogica advances collaboration with Janssen
Phylogica (ASX:PYC) has identified peptide candidates in its drug-discovery collaboration with Janssen Biotech and will move on to exploring their functionality within cells. [ + ]
GTG posts record BREVAGen sales growth
Genetic Technologies (ASX:GTG) said its BREVAGen genetic testing business has been growing faster every quarter since its expansion to the US in mid-2011. [ + ]
Phosphagenics investigation
An independent financial investigation is underway at Phosphagenics. [ + ]
AusBiotech wins grant to engage in Asia
AusBiotech was among the 27 member-based business organisations that have been awarded grants to help them expand their networks in Asia. The grants were provided under the Australian Government’s inaugural Asian Century Business Engagement plan and announced by the Hon Kelvin Thomson, Parliamentary Secretary for Trade, last Friday. [ + ]
Carr returns to industry portfolio
Kevin Rudd’s new cabinet, sworn in yesterday, will see Kim Carr return to take up the industry and innovation and higher education portfolio. [ + ]
Taste genes linked to male fertility
Taste and fertility may seem like two completely unrelated areas, but according to scientists at the Monell Chemical Senses Center, two proteins involved in oral taste detection also play an important role in sperm development. [ + ]
Cane toad ingestion deadly for dwarf crocs
It is well known that the toxins of the cane toad are often deadly when ingested by predators. Researchers from Charles Darwin University (CDU) have found that one such predator is the dwarf freshwater crocodile, whose population in northern Australia is diminishing as a result. [ + ]
Is that bacteria dead yet?
Nano and laser technology packed into small device tests antibiotic treatment in minutes. [ + ]
