UniQuest, The University of Queensland’s (UQ) main commercialisation company, has announced a $4.3 million strategic alliance with Axiom Molecular in radiopharmaceutical research, development and commercialisation. [ + ]

Ventus Medical, a US-based company that develops products for sleep-disordered breathing, has launched a $40 million IPO on the ASX. [ + ]

ResMed (ASX:RMD) has revealed its March quarter profit grew 21% to $65 million, on the back of strong demand for its respiratory products in the Americas. [ + ]

Allied Healthcare (ASX:AHZ) has paid $1m to increase its stake in Coridon to 44.4%, due to the company's progress towards trials of its herpes vaccine. [ + ]

Australian and international experts will come together in Canberra this week to explore the diverse Antarctic science endeavours that have emerged since Sir Douglas Mawson led the Australasian Antarctic Expedition in 1911-1914. [ + ]

The Australian Red Cross Blood Service is today opening the largest blood processing facility in the Southern Hemisphere, ensuring we continue to have one of the safest blood supply systems in the world. [ + ]

The CSIRO has developed a variety of safflower with high oleic oil content that could become a key crop in Australia and around the world. [ + ]

Two Swiss insurers have agreed to reimburse Scenesse, developed by Clinuvel Pharmaceuticals (ASX:CUV), as a treatment for erythropoietic protoporphyria. [ + ]

A Western Australian-based expert in neuromuscular diseases has helped revolutionise the way doctors around the world diagnose muscle dysfunction in newborn babies. [ + ]

A team led by the Queensland Alliance for Agriculture and Food Innovation has developed a comprehensive research program aimed at protecting Australia’s $450 million banana industry. [ + ]

The annual AusBiotech-GSK Student Excellence Awards aim to recognise and encourage promising research students and to raise awareness of research translation and applications. [ + ]

Nominations for the $80,000 GlaxoSmithKline Australia Award for Research Excellence are closing at the end of April. [ + ]

The Australian Academy of Science will present its highest awards to eminent scientists on Thursday 3 May 2012 for contributions to their fields of research. [ + ]

Scientists from Israel’s Weizmann Institute of Science will be visiting Australia in May to foster and invest in new collaborations with Australian researchers to tackle obesity. [ + ]

A 14.1% spike in the pharmaceutical component of the CPI is not down to a price hike, but instead shows that the PBS safety net is fulfilling its purpose, Medicines Australia's CEO says. [ + ]