Industry News
Stem Cell Centre's DeVore to relocate back to US
After three years with the Australian Stem Cell Centre (ASCC), Dr Dianna DeVore has resigned as vice-president of clinical cardiac development, and will be returning to California to pursue stem cell collaborative opportunities, effective December 31. [ + ]
Victoria-Israel R&D fund launched
A US$6 million fund was launched today for joint Israeli-Victorian projects in areas such as biotechnology, healthcare, nanotechnology, environmental technologies and advanced manufacturing. [ + ]
New CEO at CogState
Following the resignation of CogState chief executive officer Peter Bick, Brad O'Connor has been promoted internally from chief financial officer to the CEO role. [ + ]
No holiday for Regenera shareholders as firm re-jigs merger
Shareholders in Regenera (ASX:RGA) have been asked to attend a meeting in Perth between Christmas and New Year, as the company seeks to revise terms of its planned merger with US firm Advanced Ocular Systems (AOS). [ + ]
New Biota CEO speaks of road ahead
On Friday, Biota Holdings (ASX:BTA) introduced Peter Cook as its new CEO and managing director, replacing Peter Molloy. On his first day at the company, Cook spoke with Ruth Beran about his background, the future for the company and the similarities between orbital engines and biotechnology. [ + ]
Garvan team links molecule to stress
Researchers at Sydney's Garvan Medical Research Institute may have provided an explanation for the dramatic breakdown of champion Australian marathon runner Lisa Martin-Ondieki at the Barcelona Olympics in 1992. [ + ]
Domantis, Bristol-Myers Squibb form partnership
UK firm Domantis, 36 per cent owned by Peptech (ASX:PTD), has signed an agreement with global pharma Bristol-Myers Squibb (NYSE:BMY) to develop domain-antibody (dAb) therapeutics for multiple immunology and cancer targets. [ + ]
Alchemia and TetraQ to collaborate on pain treatments
Brisbane biopharma Alchemia (ASX:ACL) will commence a collaborative research project next year with the University of Queensland through its preclinical service provider, TetraQ to develop a new generation of opioid-based painkillers to treat severe pain. [ + ]
More delays in GTG-Applera case
Two deadlines have come and gone, and a third expires today for Melbourne gene-testing company Genetic Technologies (ASX:GTG; NASDAQ:GENE) and US firm Applera, who were due to announce a resolution of their licensing dispute in California today. [ + ]
Prima receives first payment from Arthron sale
Prima Biomed (ASX:PRR) has received the first payment of US$500,000 from Toronto-based immunology company Trillium Therapeutics following the settlement of the sale of Prima's subsidiary Arthron. [ + ]
Anadis claims success with anthrax killer
Melbourne biopharma Anadis (ASX:ANX) has announced that antibody extracts from the colostrum of immunised dairy cows completely protects cells from the lining of the human lung against deadly anthrax toxin in vitro. [ + ]
New head for National Plant Biosecurity CRC
The newly-funded Cooperative Research Centre for National Plant Biosecurity has announced the appointment of Dr Simon McKirdy as its chief executive officer.
[ + ]Medical Therapies closes IPO offer oversubscribed
Medical Therapies has completed its IPO capital raising over-subscribed and is likely to list on the ASX on December 9. This is the fourth listing date for the company which issued a replacement prospectus following an unsuccessful attempt to list on the ASX in August. [ + ]
Former Fauldings exec takes helm at Biota
Peter Cook is Biota Holdings' (ASX:BTA) new CEO and managing director, starting next Friday. [ + ]
Neuren raises $6.4m in share placement
Auckland biopharma Neuren Pharmaceuticals (ASX: NEU) has raised AUD$6.36 million to fund the acceleration of the clinical trial program for Glypromate and NNZ-2566. [ + ]