Industry News
ASX gets hip to Portland float
Hip replacement specialist Portland Orthopaedics (ASX:PLD) has listed on the ASX today at AUD$0.28, three cents above its issue price of $0.25. [ + ]
Call for longer drug patent life
The pharmaceutical industry should fight a major battle to prolong patent protection and encourage real innovation and discovery, a leading pharmacologist told a Melbourne audience last week. [ + ]
The Lockhart review: what people think
The recommendations from the independent stem cell legislation review committee chaired by former Federal Court judge John Lockhart have been welcomed by many of Australia's stem cell research scientists as well as biotechnology and patient advocacy groups. [ + ]
Lockhart review backs therapeutic cloning
The independent stem cell legislation review committee chaired by former Federal Court judge John Lockhart has given its support for somatic cell nuclear transfer (SCNT), sometimes known as therapeutic cloning. [ + ]
Rockeby bets on bird flu tests for turnaround
ASX-listed, Singapore-based Rockeby Biomed (ASX:RBY) has said it might break even in the year ending June 2007, thanks to its new bird flu test kits. [ + ]
Avastra founder resigns as MD
Five years after founding Sydney-based biomaterials company Avastra (ASX:AVS), managing director Paul Ralph has resigned. [ + ]
Epichem nets European funding for anti-parasite technology
Epichem, a wholly-owned subsidiary of PharmAust (ASX:PAA), along with Murdoch University and Monash University's Centre for Drug Candidate Optimisation, have been offered up to AUD$480,000 from the Drugs for Neglected Diseases Initiative (DNDI). [ + ]
Grain Biotech harvests first salt-resistant wheat crop
Perth agbiotech company Grain Biotech Australia harvested its first trial crop of genetically modified, salt-tolerant wheat this month, grown in salt-affected farmland near Corrigin, in Western Australia. [ + ]
Australian government to stockpile Relenza
The Commonwealth government has confirmed that it will add 1.8 million courses of Relenza to the National Medical Stockpile in preparation for a possible influenza pandemic. [ + ]
GroPep completes final malaria vaccine milestone
Adelaide-based biotech GroPep (ASX:GRO) has completed the manufacture of two vaccine antigens for the Bill and Melinda Gates Foundation-funded Malaria Vaccine Initiative (MVI). [ + ]
Pharmaxis touts progress in cystic fibrosis study
Sydney-based drug developer Pharmaxis (ASX:PXS, Nasdaq:PXSL) has begun the dosing phase of its phase II clinical trial in patients with cystic fibrosis. [ + ]
Novogen winds up probe into proxy votes
Cancer drug developer Novogen (ASX:NRT, NASDAQ:NVGN) has concluded its investigation into the reasons why there was an overwhelming majority of proxies against the company's remuneration report. [ + ]
Agenix CEO Home resigns
Donald Home has resigned as CEO and managing director of Brisbane-based Agenix (ASX:AGX, NASDAQ:OTC:AGXLY) after four and a half years with the company. [ + ]
CogState, Pfizer sign development deal
CogState (ASX:CGS) has signed an agreement with Pfizer worth up to AUD$1.28 million over three years to support the development of the Melbourne-based company's cognitive test portfolio. [ + ]
Biosignal awarded $1.5m grant
Sydney antimicrobial developer Biosignal (ASX:BOS) has been awarded a AUD$1.5 million Commonwealth government grant to develop new antibacterial coatings for medical implants and devices. [ + ]