Industry News
Giaconda touts results for H. Pylori, Crohn's disease
Sydney-based Giaconda (ASX:GIA) has reported positive results from phase II trials of two of its compounds, Heliconda for Helicobacter pylori infection and Myoconda for Crohn's disease. [ + ]
WA minister cops flak from prestigious journal
International science journal Nature Biotechnology has taken the Western Australian agriculture minister Kim Chance to task for funding a supposedly independent study of the health effects of genetically modified food crops by an Adelaide research institute renowned for its anti-GM activism. [ + ]
Benitec delays HIV/AIDS drug IND filing
Gene therapy company Benitec's (ASX:BLT) shares fell on news that the US FDA investigational new drug (IND) filing for its HIV/AIDS therapeutic will be delayed. [ + ]
Ventracor implants fifth heart device in US
Artificial heart company Ventracor (ASX:VCR) has implanted its fifth VentrAssist left ventricular assist system (LVAS) in the United States. [ + ]
Sirtex posts positive net cash flow
Sydney biomedical company Sirtex Medical (ASX:SRX) has posted a positive net cash flow for the second quarter of 2005/06 of AUD$1.46 million, an increase of 87 per cent on the previous quarter. [ + ]
New $35m biotech VC fund launched in SA
South Australia's rapidly expanding biotechnology industry now has access to AUD$35 million in venture capital, with Bio Innovation SA securing a deal with one of Australia's most successful superannuation funds, MTAA Super. [ + ]
US deal to test Biosignal compounds in catheters
Sydney-based Biosignal (ASX:BOS) and the Institute for Eye Research have established a collaboration with a US-based medical device company to test Biosignal's anti-biofilm compounds coated on catheters. [ + ]
In brief: Eqitx, Chemeq, NeuroSolutions
Melbourne-based Eqitx (ASX:EQX) has invested a further AUD$500,000 in equity in VacTX, making its total investment in the vaccine developer $2.3 million to date. [ + ]
AtCor Medical boasts sales, revenue growth
AtCor Medical (ASX:ACG), the developer and marketer of SphygmoCor, a system to measure central cardiovascular function non-invasively, today announced sales of $1.73 million for the six months to 31 December 2005, up 40 per cent compared to the previous corresponding period [ + ]
Zenyth licence to boost antibody targets
Zenyth Therapeutics (ASX:ZTL), formerly Amrad, has taken a licence from Massachusetts-based Dyax Corp, to use the US company's proprietary phage display libraries to develop antibody therapeutics for inflammation and cancer. [ + ]
HLS5 Gene implicated in Huntington's
The Western Australian Institute for Medical Research (WAIMR) has discovered a link between the HLS5 gene and key aspects of Huntington’s disease and AIDS development, according to an announcement made by BioPharmica.
[ + ]Eppendorf South Pacific relocates
Eppendorf South Pacific has relocated its facilities to larger offices in North Ryde to support the company's continuing growth. The new address for Eppendorf South Pacific is Unit 4, 112 Talavera Road, North Ryde 2113. Ph: (02) 9889 5000 and fax: (02) 9889 5111 remain unchanged.
[ + ]Tissue Therapies to repeat animal trial
Brisbane biotech Tissue Therapies (ASX:TIS) will repeat an animal trial designed to gather data to optimise its wound treatment VitroGro for human clinical trials following independent review of the results. [ + ]
Russia recommends approval of Solagran liver disease drug
The Russian Ministry of Health has recommended the approval of Melbourne-based Solagran's (ASX:SLA) Ropren, the finished form of Bioeffective R, as a treatment for chronic liver disease. [ + ]
Norwood Abbey to test virosomal delivery
Norwood Abbey (ASX:NAL) has initiated animal studies for the use of its needle-free injection device for delivering virosomes, potent carriers of antigens for vaccination. [ + ]