Industry News
Chemgenex and Stragen Pharma to create alliance
Melbourne- and Californian-based ChemGenex Pharmaceuticals (ASX:CXS) has formed an international alliance with Geneva-based Stragen Pharma to accelerate the clinical development of ChemGenex's lead anti-cancer therapeutic, Ceflatonin. [ + ]
Consolidation needed for Australian genomics and proteomics market
The main message to come out of a survey of Australian genomics and proteomics companies, conducted by health care analysts Frost and Sullivan, was that the industry needs more collaboration between academia, companies and those providing funding to engender investor confidence. [ + ]
New gene discovered
A new gene suspected to contribute to autoimmune diseases such as type 1 diabetes and lupus – a condition in which the body’s own immune system attacks organs such as the kidneys and skin – has been discovered by immunologists at the Australian National University.
[ + ]In brief: ChemGenex Pharmaceuticals, Novogen, Peptech
ChemGenex Pharmaceuticals (ASX:CXS) has received approval to list on the NASDAQ SmallCap Market under the ticker CXSP. [ + ]
EU ministers uphold sovereign right to ban GMOs
EU environment ministers dealt a blow to efforts to get more GMO crops grown in Europe as they agreed to uphold eight national bans on genetically modified maize and rapeseed types. [ + ]
Ai Scientific secures major Italian order
Brisbane-based clinical automation systems manufacturer, Ai Scientific, has secured a multi-million dollar order from Italian distributor, Medical Systems. [ + ]
Visiomed begins clinical evaluation trials
Perth-based biomedical devices developer, Visiomed Group (ASX:VSG) and ophthalmic surgical laser group, CustomVis (AIM:CUS), also based in Perth, have begun a clinical evaluation trial on their ophthalmic imaging system, microEYE. [ + ]
Australasian mentorship for biotech entrepreneurs
Speaking at BIO 2005 in Philadelphia, Victorian innovation minister John Brumby has announced the roll out of the state government's Biotechnology Entrepreneur Program across Australia and New Zealand. [ + ]
In brief: Pharmanet Group, Metabolic Pharmaceuticals, Genetic Technologies
The sale of Pharmanet Group's (ASX:PNO) wholly owned subsidiary Medical Products Group, to Advance Healthcare (ASX:AHG), has been completed. [ + ]
New melanoma research centre for Perth
Research in to the genetic causes of melanoma will be the focus of the new Scott Kirkbride Melanoma Research Centre, recently established at the University of Western Australia's Centre for Medical Research in Perth. [ + ]
Stem Cell Sciences moves to list on AIM
Biotech Capital (ASX:BTC) investee company Stem Cell Sciences is looking to raise up to £10 million on London's Alternative Investment Market (AIM). [ + ]
Venture capital investment earmarked for South Australian bioscience
A major venture capital investment of tens of millions of dollars is currently being secured for the South Australian bioscience industry. [ + ]
In brief: Pharmaxis, Metabolic, Avantogen, Biotech Capital, Bone Medical, Xceed Biotechnology
Pharmaxis (ASX:PXS) has responded to a request by the ASX to explain why its shares rose from $1.34 on 15 June 2005 to $1.61 on 22 June 2005 by saying that it is unaware of any information that could explain the price change and increase in volume of trading in its shares over that period. [ + ]
Funding for bioactive polymers in wound healing
The development of nano-sized microcapsules and bioactive bandages to assist in the delivery of the synthetic growth factor complex, VitroGro, is one of 251 projects to be funded in the latest round of the Australian Research Council's (ARC) Linkage Projects scheme. [ + ]
