Industry News
ES cell research opponents cheer Griffith research
Opponents of embryonic stem cell research have leaped to congratulate Griffith University scientists, who yesterday announced details of research in which differentiated cells were successfully grown from adult stem cells. [ + ]
Griffith team grows adult stem cells
A research team led by Prof Alan Mackay-Sim of Griffith University has successfully grown nerve, heart, liver, kidney and muscle cells from adult stem cells harvested from the olfactory mucosa. [ + ]
States reject Howard's request for longer stem cell ban
State premiers have apparent rebuffed Prime Minister John Howard's request for a 12-month extension to the current restriction on creating new embryonic stem cell lines, which is due to expire on April 5. [ + ]
Science media centre planned for Adelaide
At the suggestion of eminent UK neuroscience researcher Baroness Susan Greenfield, the South Australian Government is establishing an Australian Science Media Centre (AusSMC) in Adelaide to serve as a national portal for the media to obtain expert advice on science subjects. [ + ]
Antisense presses on with asthma therapeutic
Melbourne's Antisense Therapeutics (ASX:ANP) is pressing ahead with development of its ATL1102 inhalant inflammation inhibitor for asthma, despite voluntarily suspending research into the drug's potential as a therapy for multiple sclerosis early this month. [ + ]
In brief: Ventracor granted patents; Pentrys trial completes recruiting
The US Patent and Trademark Office has granted Ventracor (ASX:VCR) and the company's research partners at the University of Technology Sydney a patent over the control system used in its VentrAssist heart device. [ + ]
FDA approves Amylin's diabetes drug
Prof Garth Cooper, CEO of Auckland biopharma company Protemix, said he was "extremely pleased" this week at the news that the US Food and Drug Administration has approved the clinical use of diabetes drug he discovered as a young PhD at Oxford in 1986-7. [ + ]
Sarbanes-Oxley weighs heavy on biotechs
Australian companies contemplating a listing on Nasdaq have a new set of regulatory concerns to consider, with the introduction of the controversial Sarbanes-Oxley legislation in the US. [ + ]
Bioprospect buys into US diabetes company
Queensland company Bioprospect (ASX: BPO) has dipped deep into its pockets, paying US$530,000 for a third of private Seattle-based biotech Astrum Therapeutics, which is investigating compounds that arrest the destruction of insulin-secreting cells associated with type 1 diabetes. [ + ]
Proteome snags grant for TB test
Sydney's Proteome Systems has won a US$2 million federal government R&D Start grant to advance development of its new rapid diagnostic for tuberculosis. [ + ]
FDA places clinical hold on Tysabri's drug class
GlaxoSmithKline said US regulators had halted clinical trials on multiple sclerosis drugs in the same class as recently withdrawn treatment Tysabri, including its experimental product '699. [ + ]
Nanyang invests $2.5m in Genetic Solutions
Sydney venture capital company Nanyang Ventures has injected $2.5 million into Genetic Solutions to help accelerate the Brisbane genetic information-technology company's product development and international marketing initiatives. [ + ]
Progen R&D director leaves for medical frontiers
Progen's vice president of R&D, Robert Don, is leaving the company to take up the "job of a lifetime" developing drugs for neglected diseases that affect developing countries in Africa, Asia and the Americas. [ + ]
Starpharma takes stake in start-up Dimerix
In one of the more intriguing examples of technological cross-pollination, Melbourne dendrimer-drug drug developer Starpharma Holdings (ASX:SPL, USOTC:SPHRY) announced today it has become a foundation shareholder in a new Perth-based biotech, Dimerix Bioscience. [ + ]
Psiron's cancer therapy passes first clinical tests
Sydney virotherapy developer Psiron (ASX:PSX) reported this week that two end-stage melanoma patients have shown no adverse effects from the first human test its of its oncolytic virus therapy, [ + ]

