Industry News
Invest in basic science to reap rewards: expert
Mark Crowell -- a leading US technology-transfer expert -- has a message for Australian universities wanting to make money out of research: it is vital that the public sector continue funding good, basic science to drive the knowledge economy. [ + ]
Vic govt announces $57m in infrastructure grants
A tissue engineering centre, a tumour tissue banking facility and a biopharmaceutical formulation facility are three of 17 projects that will share a total of $57 million in major infrastructure grants, announced today by the Victorian government. [ + ]
Sydney researchers zero in on stem cells
Researchers at the Diabetes Transplant Unit at the Prince of Wales Hospital in Sydney have developed a new technique for extracting single human embryonic stem (ES) cells, bringing them one step closer to harnessing the therapeutic potential of stem cells. [ + ]
Australians publishing more, but not patenting: report
Although government and higher education R&D expenditure are on the up, and Australia generated almost 50 per cent more scientific and technical articles in 2003 than in 1999, the number of US patents granted to Australia has fallen, a government report has revealed. [ + ]
NZ moves to extend controls on xenotransplantation
The NZ government looks likely to extend strict controls on xenotransplantation until at least December 2006 after a bill requiring trials of the technology to be approved by the minister had its first reading in the NZ parliament yesterday. [ + ]
Benitec and Alnylam swop RNAi licenses
Brisbane company Benitec (ASX:BLT) has signed a reciprocal licensing agreement with one of its biggest competitors in the RNAi field, US company Alnylam Pharmaceuticals. [ + ]
Database access helps protect privacy: Stanley
Western Australia's well-established record-linked healthcare database had been an important innovation for research, but had also helped to better awareness of privacy issues, according to Prof Fiona Stanley, director of the Telethon Institute for Child Health Research in Perth. [ + ]
In brief: AustCancer; Life Therapeutics; Amrad; Genesis Research; Avastra
Australian Cancer Technology (ASX:ACU) has announced a 1:3 non-renounceable entitlements issue, aiming to raise $5.7 million at $0.13 per share. Shares in the company were trading at $0.17 at time of writing. [ + ]
Research aids coughing
UTS Professor Ashley Craig is involved in a project in the NSW Premier's spinal chord injury (SCI) research program to develop an electrical stimulus to help quadriplegics cough.
[ + ]Gone without a trace?
When does a micronutrient become a contaminant? How much can our native species handle? Are the risks to human health fully understood? And what can we do to clean up our land and water?
[ + ]GlaxoSmithKline defence to Biota lawsuit delayed
GlaxoSmithKline has missed the timetabled April 8 deadline for the filing of its defence to Biota's lawsuit, set by Victorian Supreme Court Justice Whelan in Feburary. [ + ]
In brief: BioDiem, Life Therapeutics, Bone Medical
The Queensland Investment Corporation has ceased to be a substantial shareholder in flu vaccine developer BioDiem (ASX:BDM), having sold more than AUD$500,000 worth of stock in the company. BioDiem raised $12 million at $1.25 per share in its IPO at the beginning of last year, and QIC took a shareholding of 5.1 per cent. At time of writing Biodiem's shares were trading at $0.44. [ + ]
Perth team tracks HIV's 'escape mutants'
The 'H' in human immunodeficiency virus (HIV) could stand just as well for Hydra, the multi-headed monster of Greek myth. By the time the human immune system has decapitated one strain of the virus, it has spawned a host of novel mutants. Mutants proliferate because natural selection endowed the virus with a dodgy reverse transcriptase enzyme that introduces random errors into the genetic blueprints of newly replicated virus particle. [ + ]
Vioxx blamed for 300 Australian deaths
A Royal Adelaide Hospital cardiovascular disease expert has told ABC-TV's current affairs program Four Corners that Merck & Co's anti-inflammatory drug Vioxx may have contributed to the deaths of many as 300 Australians from heart attack or stroke. [ + ]
Prana aborts trial in 'blow for biotech'
Prana Biotechnology (ASX:PBT) has dropped a bombshell on the market, announcing that it has halted a UK Phase II/III clinical trial for its lead compound clioquinol (PBT-1) after it discovered that manufacturing impurities could cause side-effects including mutagenicity and neurotoxicity. [ + ]