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Saturday
4 July 2009
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   TODAY'S STORIES
 
GOVERNMENT BUSINESS 
Patent problems for GTG
(Thursday, 2 July 2009)

GENETIC Technologies may have patent problems, with the United States Patent and Trademark Office taking the first steps to rub out one of its key non-coding DNA patents.
Full Story...


MORE GOVERNMENT BUSINESS

Bio Briefs: Verva, IMI, Karmelsonix and more


NHMRC grants boost research institutes


Follow-on fund open for business


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AGRICULTURAL BIOTECH 
Parnell sells legacy assets to focus on new therapeutics
(Thursday, 2 July 2009)

SYDNEY-based veterinary pharmaceutical company Parnell Laboratories has sold the last of the company’s legacy pharma brands, as the company completes its shift in focus to the development of new animal therapeutic products.
Full Story...


HEALTH BIOTECH 
Progen licenses PI-88 and other programs
(Thursday, 2 July 2009)

PROGEN has formalised the out-licence of liver cancer drug PI-88 to US-based Global TransBiotech, saying it will receive milestone payments of up to $5 million under the deal, as well as royalties if the drug makes it to market.
Full Story...


MORE HEALTH BIOTECH

EnGeneIC "breakthrough" in Nature


Bio Briefs: LCT, Austofix and PharmaNet


Cytopia files IND for CYT387


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INDUSTRY ISSUES 
Intersuisse: biotech back on the up
(Thursday, 2 July 2009)

THE Australian life science sector rebounded in the June quarter, gaining more than the All Ordinaries and the NASDAQ Biotechnology Index, according to Dr Darren Grubb from Intersuisse, in his quarterly report on the state of the listed life science sector.
Full Story...


MORE INDUSTRY ISSUES

Bio execs launch mentoring business


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Intersuisse: biotech back on the up
(Thursday, 2 July 2009)

THE Australian life science sector rebounded in the June quarter, gaining more than the All Ordinaries and the NASDAQ Biotechnology Index, according to Dr Darren Grubb from Intersuisse, in his quarterly report on the state of the listed life science sector.
Full Story...


More machinations at Progen
(Thursday, 2 July 2009)

PROGEN’S entire board has quit, in a surprise move that will throw shareholder attempts to spill the board into confusion.
Full Story...


Progen licenses PI-88 and other programs
(Thursday, 2 July 2009)

PROGEN has formalised the out-licence of liver cancer drug PI-88 to US-based Global TransBiotech, saying it will receive milestone payments of up to $5 million under the deal, as well as royalties if the drug makes it to market.
Full Story...

Neuren adds more army cash to clinical programs
(Thursday, 2 July 2009)

NEUREN has hit the top of the trading charts again, after announcing yesterday the company will receive additional money from the United States army for clinical trials of its neuroprotective drugs under development.
Full Story...

Bionomics targets US Phase 2 in renal cancer
(Thursday, 2 July 2009)

BIONOMICS plans to open a US Phase 2 trial in renal cancer as the next phase of development for its vascular disrupting agent BNC105.
Full Story...

NuSep takeover collapses
(Thursday, 2 July 2009)

NUSEP says its planned merger with NxGen has collapsed, following the failure of a $5 million capital raising exercise associated with the back-door listing of NxGen.
Full Story...

Unilife extends Sanofi deal
(Thursday, 2 July 2009)

SAFETY syringe company Unilife has extended its agreement with pharma major Sanofi-Aventis, extending the exclusivity period for Sanofi’s access to its pre-filled safety syringe and clarifying the Australian company’s right to market it to other pharma companies.
Full Story...

Parnell sells legacy assets to focus on new therapeutics
(Thursday, 2 July 2009)

SYDNEY-based veterinary pharmaceutical company Parnell Laboratories has sold the last of the company’s legacy pharma brands, as the company completes its shift in focus to the development of new animal therapeutic products.
Full Story...

Patent problems for GTG
(Thursday, 2 July 2009)

GENETIC Technologies may have patent problems, with the United States Patent and Trademark Office taking the first steps to rub out one of its key non-coding DNA patents.
Full Story...

Bio People: Avexa, Solagran, Tissue Therapies, NuSep and ITL
(Thursday, 2 July 2009)

THE last week of the financial year has been a busy one in life science boardrooms. In addition to sweeping changes at ChemGenex and Progen, a raft of other companies have been tinkering with their boardroom structure.
Full Story...

Another Euro approval for CathRx
(Thursday, 2 July 2009)

CARDIAC catheter manufacturer CathRx says the last of its diagnostic catheters has received CE mark approval with European regulators approving the marketing of its advanced diagnostic, or “loop” catheter.
Full Story...

Bio briefs: Safety Medical, Tissue Therapies, LCT and Anaeco
(Thursday, 2 July 2009)

SAFETY Medical Products says it has sold its printing assets, Bagot Press, for $1.3 million, with the sale proceeds to be used to grow its new feminine hygiene products business.
Full Story...

Fermiscan dumps Polartechnics merger
(Tuesday, 30 June 2009)

DESPITE initially announcing their support for a proposed merger with Polartechnics, Fermiscan directors have back-tracked at a rate of knots over the last week, recommending shareholders reject the deal in a target statement released yesterday.
Full Story...

EnGeneIC "breakthrough" in Nature
(Tuesday, 30 June 2009)

SYDNEY biotechnology company EnGeneIC says a major publication in Nature Biotechnology next month validates its approach to developing cancer therapeutics.
Full Story...


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