Industry News
Phosphagenics reports pre-clinical progress
Melbourne drug developer Phosphagenics (ASX:POH) has pulled a dozen-odd plump but otherwise healthy rabbits out of the hat after completing the first arm of a three-armed preclinical study of its anti-atherosclerosis drug candidate APA-01. [ + ]
In brief: Qld scale-up facility, OGTR risk framework, new auditory lab
Premier Peter Beattie has announced Queensland will commit $7 million towards a scale-up manufacturing facility to make drugs for pre-clinical and clinical trials. He said the funding would be used to encourage international and national investment. [ + ]
New bionic ear centre uses clever plastics
Melbourne is to be home to the world's first centre for medical bionics and hearing science, the brainchild of bionic-ear inventor Prof Graeme Clark. [ + ]
In brief: Agenix; Cellestis; Prima Biomed; Novogen
Agenix (OTC: AGXLY, ASX: AGX) subsidiary, Agen Biomedical has signed an agreement with diagnostics company Axis-Shield under which Axis-Shield will produce a new laboratory assay for deep vein thrombosis and pulmonary embolism. The Axis-Shield assay will use Agen's 3B6 D-dimer antibody, and will be incorporated into Abbott Laboratories' mmunodiagnostic analyser, AxSYM. [ + ]
Solbec to fund trials through equity facility
Perth biotech Solbec Pharmaceuticals (ASX:SBP) has followed in the footsteps of small resources companies in setting up a $5 million facility known as a standby equity distribution agreement through US-based investment fund, Cornell Capital Partners. [ + ]
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?
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