Industry News
Biotechs recover from slump in Q2
Australia's life science industry performed relatively well in the December 2011 quarter despite macroeconomic pressures, according to the PricewaterhouseCoopers BioForum Report, with indicators good for the near future. [ + ]
Malaria bigger killer than previously thought
A new study found more than 1.2 million people died from malaria in 2010, although the disease is on the decline thanks to new treatments. [ + ]
Grace receives patent notice of allowance for flash chromatography technology
WR Grace & Co has received a Notice of Allowance from the US Patent and Trademark Office for a patent application related to its Reveleris flash chromatography system. [ + ]
Sigma-Aldrich completes acquisition of BioReliance
Sigma-Aldrich has completed its acquisition of BioReliance Holdings from Avista Capital Partners for $350 million in cash, subject to normal post-closing adjustments. [ + ]
Roche Diagnostics announces Dan Zabrowski as new Head of Roche Applied Science
As of 1 February 2012, Dan Zabrowski is Head of Roche Applied Science in the Diagnostics Division, located in Penzberg, Germany. He succeeds Paul Brown. [ + ]
Comment: Cloud empowers scientists to accelerate innovation
Global real-time collaboration and rapid access to vast data resources are spurring scientific innovation and discovery. [ + ]
AusBiotech submits on R&D Tax Incentive Discussion Paper
AusBiotech has lodged a submission in response to the ‘Discussion Paper: R&D Tax Incentive Implementation – realising effective Compliance through Guidance and Education’, which was been conducted by AusIndustry to inform development of its guidance agenda. [ + ]
Starpharma stocks rise on positive cancer trial results
Starpharma Holdings (ASX:SPL) shares climbed 12.4% on Wednesday, after the release of positive results from a preclincial study of its dendrimer-docetaxel chemotherapy formulation. [ + ]
Bionomics deal could push cashflow into black
The initial $3m Bionomics has received from its drug development deal with Ironwood Pharmaceuticals could help speed an improvement in cashflow. [ + ]
Middletons acts on $375 million sale of Ascent to Watson Pharmaceuticals
Middletons acted on behalf of the sellers of the Australian and South-East Asian generic pharmaceutical business Ascent Pharmahealth, which was purchased by Watson Pharmaceuticals. [ + ]
Vitamin D testing
Scientists are reporting development of a much-needed reference material to ensure that measurements of vitamin D levels are accurate. [ + ]
US biosecurity board speaks out on H5N1 concerns
The US National Science Advisory Board for Biosecurity has explained in detail its rationale in requesting two papers dealing with highly pathogenic H5N1. [ + ]
Biosceptre develops targeted antibodies for cancer treatment
Biosceptre has announced that it is about to clinically trial the use of targeted antibodies as a method to treat cancer. At a Sydney conference held on 24 January, it was revealed that the company has identified a receptor found only in cancer cells. [ + ]
Immuron, Monash partner to develop colostrum therapy
Melbourne-based Immuron (ASX:IMC) and Monash University will collaborate on products aimed at treating C. difficile infections, using Immuron's colostrum technology. [ + ]
Ascent sold to Watson for $375m
Indian pharmaceutical company Strides Arcolab has sold its Australian generic pharmaceutical manufacturer Ascent Pharmahealth to Watson Pharmaceutical. [ + ]