Industry News
GTG confident of end of year profit
Genetic Technologies (ASX: GTG) is expecting to finish the year in the black despite posting an interim profit loss yesterday. [ + ]
'Confident' Progen boosted by manufacturing gains
Half-year results for drug developer Progen Industries show the company enjoyed healthy revenue gains from its contract manufacturing arm while R&D spend rose slightly. [ + ]
Axon R&D push eats up profits
An accelerated research program helped Aussie export Axon Instruments (ASX:AXN) drive sales up 25 per cent last year, but also contributed to a significant profit slump. [ + ]
Bionomics heads north again for new partnership
Australia's first publicly-listed pure genomics research company, Bionomics Ltd, has interested a second northern hemisphere partner in its portfolio of patented genes. [ + ]
Eiffel restructuring leads to modest half-year
Bioengineering group Eiffel Technologies (ASX: EIF) has posted a more than three per cent fall in after-tax profits to $777,000 for the second half of last year. [ + ]
Science Industry Australia objectives for 2002
The SIA's National Council met in Melbourne on 21 February to decide on the association's goals for 2002. The SIA workplan for 2002 has been developed around the theme of 'inform, involve, influence'.
[ + ]Minister launches important photonics publications
Two important reports highlighting the key role of photonics to Australia's economic future have been launched by the Minister for Communications, IT and the Arts, Senator Richard Alston.
[ + ]Sirtex looks to Europe following FDA success
Small particle technology company Sirtex Medical is seeking European approval for its liver cancer treatment, following last week's announcement it had been approved by the US Food and Drug Administration. [ + ]
BresaGen alliance fast-tracks stem cell program
Adelaide biotechnology company BresaGen (ASX: BGN) has joined a Canadian imaging technology consortium to help fast-track its therapeutic stem cell delivery program. [ + ]
Minister denies decision on stem cell research
Mr Kevin Andrews, the Federal Minister for Ageing, has denied reports cabinet has reached a decision to ban embryonic stem cell research.
[ + ]Biotechs may find VC funding hard to get
Bioinformatics, biotech and nanotechnology companies seeking venture capital funding may have to look elsewhere, according to speakers at the Silicon Alley Breakfast Club (SABC) meeting held in New York last week (March 7). [ + ]
Spare time? Then fold some proteins
Stanford University scientists have come up with a screen saver that uses thousands of idle computers to assist with simulations of protein folding. [ + ]
Group to assess platform tech needs
A government committee set up to assess Victoria's platform technology needs is expected to report its findings by mid-year. [ + ]
Epilepsy breakthrough for Adelaide researchers
A surprise finding by a team of Adelaide scientists has provided the first evidence that the same gene on the X-chromosome may be responsible for some forms of both epilepsy and intellectual disability. [ + ]
Queensland's modest benefactor strikes again
The golden reach of a US philanthropist has touched the Queensland Institute of Medical Research again. [ + ]