Industry News
Movers & shakers: Alchemia appoints new CEO
Alchemia has appointed former Chief Financial Officer Charles Walker to the post of Chief Executive after Peter Smith stepped down following the failed Audeo Oncology demerger. [ + ]
Novogen stocks soar following successful study
Novogen (ASX:NRT) stocks have soared over 200% following a study that found its experimental drug CS-6 can kill not only cancer cells but also cancer stem cells. [ + ]
Science Academy welcomes hazard research funding
The Australian Academy of Science has welcomed the announcement by Prime Minister Julia Gillard and Science Minister Chris Bowen of new funding for bushfire and natural hazard research through the Cooperative Research Centres (CRCs). [ + ]
Breakthrough actions for innovation released
Australia’s Chief Scientist Professor Ian Chubb has released five breakthrough actions governments could take to make Australia a more innovative nation. They include the establishment of an Australian Innovation Council and helping business access publicly funded research. [ + ]
Investment boosts new start-up’s plans to develop autoimmune drugs
The University of Technology, Sydney’s (UTS) ithree institute has launched Helmedix with a $1.25 million investment from Australia’s Medical Research Commercialisation Fund (MRCF). [ + ]
Whole genome sequencing better at tracing TB outbreaks than standard test
A new form of genetic testing of the bacteria that causes tuberculosis can provide better information on TB transmission and also trace TB outbreaks more accurately than the current standard test, according to a study from Germany published in this week’s PLOS Medicine. [ + ]
Qiagen and Lilly to collaborate on the development of companion diagnostics
Qiagen has entered into a master collaboration agreement with Eli Lilly and Company for the development and commercialisation of companion diagnostics for pairing with Lilly investigational and approved medicines across all therapeutic areas. [ + ]
New drug puts malaria under the pump
Researchers have discovered how a new class of antimalarial drugs kills the malaria parasite, showing that the drugs block a pump at the parasite surface, causing it to fill with salt. [ + ]
MRCF invests $1.25m in Helmedix to develop autoimmune therapies
Early-stage biopharma Helmedix has received $1.25m of start-up funding from the Medical Research Commercialisation Fund to develop therapies targeting autoimmune diseases. [ + ]
BioDiem could help fight biological weapons
BioDiem (ASX:BDM) and a US army institute will collaborate on research into using antimicrobial BDM-I as a countermeasure for biological weapons including anthrax. [ + ]
Sirtex posts another boost in sales and profit
Sirtex (ASX:SRX) has seen sales of SIRSpheres increase by 30.5% and net profit increase by 27.6% to $7.8 million in its half-year results. [ + ]
CSL hits new heights with 24% increase in profit
The market has reacted positively to news that CSL (ASX:CSL) saw a 24% increase in net profit to US$627 million in 1H13 and has completed the restructure of its Australian operations. [ + ]
Sigma Life Science to distribute Olink Bioscience’s protein interaction analysis technology
Sigma-Aldrich Corporation has announced that Sigma Life Science, its innovative biological products and services business, has signed an agreement to distribute worldwide Olink Bioscience’s Duolink In Situ products, which present a disruptive method for imaging and measuring protein-protein interactions in unmodified cells. [ + ]
Optibrium and Lhasa collaborate to bring expert toxicity prediction to chemists’ desktops
Optibrium and Lhasa, providers of software for compound design, selection and property prediction, have announced a technology collaboration agreement. [ + ]
Allied receives ISO certification for CardioCel
Allied Healthcare (ASX:AHZ) has received ISO 13485 certification for regenerative therapy CardioCel, bringing it a step closer to European CE Mark approval. [ + ]