Industry News
COX-2 woes boost demand for AstraZeneca's Nexium
Its US rivals' pain is proving to be AstraZeneca's gain -- at least in the short term. The withdrawal of Merck & Co's Vioxx last September has lifted demand for AstraZeneca's Nexium heartburn and ulcer treatment, and the suspension of Pfizer's Bextra may give a further boost, industry analysts said on Friday. [ + ]
Keeping frog disease under control
A workshop on new methods of detecting and controlling the spread of one of the world's most deadly frog diseases – chytridiomycosis – was recently held at CSIRO Livestock Industries' Australian Animal Health Laboratory (AAHL) in Geelong, Victoria.
[ + ]Microscopes at microscopic size
Traditionally if scientists wanted to look at something small they would put a sample under a microscope but now researchers have managed to shrink the microscope itself to the size of a single human cell.
[ + ]NZ's AgResearch to sell vaccine start-up
New Zealand Crown Research Institute AgResearch is selling off its wholly owned subsidiary, sheep vaccine distributor AgVax, under its policy of divesting itself of its profitable start-ups. [ + ]
Sydney firm Apollo aims for sweet lift-off
Do you want sugars with that? Sydney protein specialist Apollo is planning an IPO next month to raise funds to develop its extensive portfolio of glycosylated proteins as research agents and therapeutics. [ + ]
ChemGenex aims to lend Gleevec a helping hand
Melbourne-based drug-development company ChemGenex (ASX:CGX) has begun a Phase II trial of its developmental drug Ceflatonin to re-sensitise late-stage chronic myeloid leukaemia (CML) who have developed resistance to the Novartis 'miracle' drug Gleevec. [ + ]
WEHI team gets behind malaria's cloak of invisibility
In the science fiction series Star Trek, the Klingons use cloaking technology to render their spaceships invisible to the Enterprise's sophisticated sensor systems. But like many other futuristic ideas, that cloaking technology was invented by nature first. The tiny vampire Plasmodium falciparum, which causes the deadliest form of human malaria, has up to 60 ways of cloaking itself against its host's immune defences. [ + ]
Regenera eyes deal worth up to $130m
Regenera (ASX:RGA) has signed deal with an affiliate of US opthamology giant Alcon, which one independent source has valued at US$100 million (AUD$130 million), for a steroid technology it licensed in only last year which is used in eye surgery. [ + ]
Clause lifting aids stem cell research
The opportunities for research have been widened with the recent lifting of a ban on using recently created embryos.
[ + ]Peptech has high hopes for new antibody
Sydney peptide therapeutics developer Peptech (ASX:PTD) has taken delivery of its hot new anti-inflammatory domain antibody (dAb) from UK ally Domantis, and plans to begin human clinical trials in 2007. [ + ]
GSK award winner at forefront of quest for new kidney treatment
Start small, but think big, could be Melissa Little's motto. The kidney disease researcher, an associate professor at the University of Queensland's Institute of Molecular Bioscience, is hunting molecules that may stimulate failing kidneys to repair themselves -- but her ultimate goal is to be able to program stem cells to grow new kidneys from scratch. [ + ]
ES cells showing promise in tissue therapy
A new technique that involves seeding 3D biodegradable polymer scaffolds with human embryonic stem (hES) cells is showing promise as a way to create human tissues for therapeutic applications, an Israeli researcher has told a workshop in Sydney. [ + ]
Stem cells: Researchers warn of lost ground
Some of Australia's most eminent researchers have warned that Australia must get creative to stay on top in the increasingly competitive global stem cell research and business landscape. [ + ]
In brief: Benitec, XRT, Phylogica, Norwood Abbey
RNAi specialist Benitec (ASX:BLT) has lodged a prospectus with ASIC to raise up to AUD$9.7 million in a rights issue, underwritten by Bell Potter. Capital raised will go towards clinical development and expansion of Benitec's California operations, it said. [ + ]
QBF puts $2.5m to Xenome drug development
Unlisted Brisbane biotech Xenome has secured $2.5 million in new funding from its major shareholder, the Queensland Biocapital Fund (QBF), to accelerate development of its product pipeline, including its pain-killing peptide from cone-shell toxin, Xen2174. [ + ]