Local biotech stocks surging
01 July, 2003 by Jeremy TorrLatest good news from the finance market comes in a report from market analysts, Bioshares. The report rates Australian biotech stocks as ‘surging ahead in the June quarter’ with an over 20 per cent rise across a basket of 43 sampled stocks.
AGT competes in global arena
30 June, 2003 by Melissa TrudingerThe publication of a paper on the three dimensional structure of a protein discovered and patented by Victorian company AGT Biosciences by scientists at a major pharmaceutical company last week was a wake-up call that AGT was competitive in the global arena, CEO Prof Greg Collier told Australian Biotechnology News today.
AgGenomics in JV with Horticulture Australia
26 June, 2003 by Melissa TrudingerAgGenomics, a joint venture between Genetic Technologies and the Victorian State Government's Agriculture Victoria Services, has entered into a two year collaborative program with Horticulture Australia to identify genetic markers in strawberries.
IMB genetics professor tops world list
25 June, 2003 by Jeremy TorrProfessor Wayne Hall of the Queensland-based Institute for Molecular Bioscience (IMB) has been named as one of the most published authors in his field - the genetics of addiction and mental disorders.
A bookmark in history
24 June, 2003 by Jeremy TorrSteve Burrill, long time money man for the IT and biotech industries, visited Australia last week to raise $200million for a new biotech fund. He described this decade as being of such importance that it will be remembered in 1000 years' time. ABN met with him, and asked why. Jeremy Torr reports.
Sigma to buy Pan?
23 June, 2003 by Jeremy TorrConsumable and mining chemical company Sigma is reported as being latest in the queue to buy TGA-smitten Pan Pharmaceuticals. Other bidders are believed to include API and major Pan creditor Mayne
Amrad in research collaboration with Merck Sharp & Dohme
23 June, 2003 by Melissa TrudingerMelbourne biotechnology company Amrad has formed a research collaboration with Merck Sharp & Dohme (MSD) with a total worth of $US112 million plus royalties to develop therapeutic drugs for asthma, respiratory diseases and cancer, the company announced today at the BIO2003 conference in Washington DC.
OGTR stops clock on GM canola
20 June, 2003 by Melissa TrudingerThe OGTR has stopped the clock for a second time on Bayer CropScience's application for commercial release of its InVigor genetically modified canola.
PsiMedica enters revenue sharing agreement
19 June, 2003 by Melissa TrudingerPerth nanotechnology company PsiVida announced that its British subsidiary PsiMedica has entered into a revenue sharing agreement with Texas Christian University (TCU) over an invention with applications in orthopaedics and tissue engineering.
Bio Pharma signs $3.5m contract
18 June, 2003 by Pete YoungA $3.5 million dollar conditional contract with an Asian company could give startup Bio Pharma Pty Ltd the push it needs to move into commercial production.
Peptech reports 'outstanding' results
18 June, 2003 by Jeremy TorrBiotech Peptech announced what it described as "outstanding" results from pre-clinical trials on its anti-Tumour Necrosis Factor (anti-TNF) antibody as a treatment for rheumatoid arthritis (RA).
Imugene completes $2m placement
17 June, 2003 by Melissa TrudingerVeterinary biotechnology company Imugene has completed a $AUD2 million placement to institutional and professional high net worth investors.
Genetic Technologies receives $US150,000 for patent license
16 June, 2003 by Melissa TrudingerTexan company Inguran has paid $US150,000 to Melbourne-based Genetic Technologies to use the company's non-coding patents for genetic testing of livestock in the USA, Colombia and Brazil.
Laser lab to improve artificial heart design
13 June, 2003 by Jeremy TorrA $1.5million laser diagnostic laboratory could help researchers cut down thrombosis risks for artificial heart patients, using the latest Particle Image Velocimetry (PIV).
Tissue Growth and Repair CRC backs a winner
13 June, 2003 by Jeremy TorrShooting the nag for not winning could be a thing of the past thanks to the CRC for Tissue Growth and Repair’s work on IGF-I (insulin-like growth factor-I) to stimulate tissue repair.