Industry News
Visiomed awarded $40,000 in WA government funding initiative
Perth-based biomedical devices developer, Visiomed Group (ASX:VSG) has been awarded two Business Development and Skills Training Scheme (BDSTS) grants, worth a total of AUD$40,000 from the Western Australian Department of Industry and Resources. [ + ]
Biosignal technology effective against microbrial corrosion
Bacteria and fungi thrive in some of the most hostile environments on the planet, and employ exotic metabolic reactions to extract energy from the most toxic substrates -- including acidic industrial wastes and hydrocarbon fuels. [ + ]
US preclinical trials for Mesoblast's stem cells
Melbourne-based stem cell specialist Mesoblast (ASX:MSB) has entered into agreements with Colorado State University to perform preclinical dose-escalation trials of its universal donor adult stem cell technology for the treatment of long bone fractures, and a new indication, intervertebral spinal fusion. [ + ]
Stem cells could help treat uterine prolapse
Researchers at Melbourne's Monash Medical Research Institute (MMRI) have identified a readily accessible source of adult mesenchymal stem cells in the lining of the uterus that could help repair uterine prolapse. [ + ]
Proteome Systems wins technology innovation award
Proteome Systems has won a prestigious 2005 Frost and Sullivan Technology Innovation Award for its ingenious Chemical Inkjet Printer (ChIP). [ + ]
International linkage grants and international fellows announced
Federal science minister Dr Brendan Nelson announced today the government will provide AUD$2,972,440 to fund 42 new awards for Australian-based researchers to participate in joint research projects with their overseas peers in 18 different countries, under the Australian Research Council's Linkage International Scheme. [ + ]
In brief: Pharmaxis, Cochlear, OBJ, Cryptome Pharmaceuticals
On the back of yesterday's announcement, Pharmaxis (ASX:PXC) has been granted approval from Health Canada to conduct a clinical trial of Bronchitol in patients with cystic fibrosis. [ + ]
Metabolic raises another $4.04 million
Melbourne-based Metabolic Pharmaceuticals (ASX:MBP) has raised AUD$4.04 million in its share purchase plan (SSP) which closed last Friday. [ + ]
Continence Control Systems starts first human implant recruitment
BioTech Capital (ASX:BTC) investee company Continence Control Systems International (CCS) has commenced patient recruitment for its severe urinary incontinence treatment, following completion of pre-clinical studies and human ethics approval for human implants. [ + ]
BresaGen nets $200,000 SA govt grant
BresaGen (ASX:BGN) has been awarded a Commercial Infrastructure Grant of AUD$200,000 from Bio Innovation SA, the South Australian government's biotechnology agency. [ + ]
Chemeq subscribers agree to extend convertible bond completion date
Following a trading halt, Chemeq (ASX:CMQ) has updated the market on the allotment and issue of AUD$20 million additional convertible bonds to Japanese investment group Mizuho International and related entities of investment management group Stark Investments, due on July 15. [ + ]
Pharmaxis drug earns FDA 'orphan' status for cystic fibrosis
The US Food and Drug Administration has expanded an 'orphan drug' designation to Pharmaxis' (ASX:PXS) drug Bronchitol, for the additional indication of facilitating mucus clearance in patients with cystic fibrosis. [ + ]
Peptech, Domantis in new cancer target development
Sydney biotech Peptech (ASX:PTD) has signed up with its 36.1 per cent owned UK partner Domantis to develop a domain antibody (dAb) for the cancer target identified by its Sydney joint venture partner Biosceptre. [ + ]
In brief: Chemeq, Acuron, Compumedics, Synchrotron
Chemeq (ASX:CMQ) is in a trading halt in the lead-up to an announcement concerning the underwriting of AUD$20 million convertible bonds to Mizuho International, Stark Trading and Shephard Investments International, to which it committed itself in April. [ + ]
Locals win grants to study in US
Fellowship grants of more than AUD$270,000 have been awarded to seven Australian scientists to pursue research and studies at American Institutions courtesy, of the American Australian Association. [ + ]
