Industry News
BresaGen in $5m bridging finance bid
Adelaide biotech BresaGen (ASX:BGN) is attempting to boost its cash reserves by up to AUD$5 million through a private placement of convertible preference shares, managed by PricewaterhouseCoopers Securities. [ + ]
BioProspect buys trader to boost distribution prospects
Brisbane biopesticide developer BioProspect (ASX:BPO) has moved to establish itself as a significant player in the biotech business by acquiring agrochemical trader Tradewyns as a vehicle to distribute its products. [ + ]
BTG International backs coeliac disease JV
A vaccine for coeliac disease is the focus of a joint venture between the Royal Melbourne Hospital, Melbourne Health and the Walter and Eliza Hall Institute of Medical Research (WEHI), in a project that has the backing of international VC group BTG International. [ + ]
EpiTan reports "outstanding" results for Melanotan
Melbourne biotech EpiTan Ltd (ASX: EPT) has announced "outstanding" results from the Phase IIb clinical of its experimental tanning drug Melanotan - and says the data could be the subject of new patent applications. [ + ]
Gradipore to refocus on commercialising its technology
After several tumultuous days that saw almost the entire board of directors replaced, bio-separations company Gradipore said today that it plans to focus on commercialising its technology for large-scale separations. [ + ]
Could you suffer from psychosis? The nose knows
Your nose could provide the first reliable diagnostic tool for predicting a person's likelihood of developing psychosis, new research has found.
[ + ]C3, Equipmed sign distribution agreements
Perth-based tissue engineering company Clinical Cell Culture (C3, ASX: CCE) has signed distribution agreements with Equipmed to distribute C3's CellSpray and ReCell products in Australia, excluding Western Australia, and New Zealand. [ + ]
Amrad aims to regain its footing
If you'd asked him a year ago whether he could see himself as CEO of Amrad, Dr Peter Smith would have said not likely. [ + ]
Panbio announces alliance with Adaltis
Diagnostics company Panbio has announced a strategic alliance with Canadian-based medical diagnostics instrumentation group Adaltis to develop automated diagnostic products. [ + ]
Gradipore faces shareholder-driven rebellion
Just weeks after a new CEO was appointed, embattled bioseparations company Gradipore has lost almost its entire board of directors in a shareholder-driven rebellion against the management of the company. [ + ]
Cotton researcher top Aussie scientist
CSIRO Plant Industry's leader of cotton research in Narrabri NSW, Dr Greg Constable, is Australia's smartest scientist, according to The Bulletin magazine.
[ + ]Third patient implanted with Ventracor device
Ventracor (ASX: VCR) has implanted its "artificial heart" device into a third patient as part of the pilot trial being conducted at the Alfred Hospital in Melbourne. [ + ]
AtCor to enter US market
Sydney-based devices company AtCor Medical is readying itself to make a major push into the US market with its range of cardiovascular diagnostic devices. [ + ]
Virax wins US bioterrorism job
Virax (ASX:VHL) has received approval from the US State Department to participate in a collaboration to develop a modified smallpox vaccine. [ + ]
Peter Mac cancer therapy shows high promise
Scientists at Melbourne's Peter MacCallum Cancer Research Centre have demonstrated an ingenious strategy for boosting and focusing the body's immune defences that causes dramatic regression of tumours in mice. [ + ]
