AusBiotech chief executive Rebekah Cassidy says the idea that Australia is incapable of commercialising biotechnology is outdated and misleading, pointing to a growing cohort of globally competitive companies whose...
Health and Med Tech
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| by David Allen
Treasurer Jim Chalmers has blocked a $672 million takeover bid for Aussie drug manufacturer Mayne Pharma from US-based Cosette Pharmaceuticals on national interest grounds. In a statement on Friday,...
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| by David Allen
Australian biotechnology giant CSL has announced plans for a $2.3 billion expansion of its manufacturing operations in the United States as it seeks to skirt US President Donald Trump’s...
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| by Trish Everingham
Australian clinicians are still heavily dependent on paper-based systems to share routine information, new government data reveals, despite a decade of investment in digital health infrastructure. Healthcare providers still...
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| by Trish Everingham
Monash University spinout Rage Biotech on Thursday announced a $29 million Series A raise to advance development of an inhaled RNA therapy for chronic inflammatory lung disease. The company...
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| by David Allen
Australian SMEs focused on health, agriculture, defence and mining will share in more than $10.3 million in grants through the federal government’s Industry Growth Program, with the largest grant...
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| by Justin Hendry
A cutting-edge RNA research facility promised to New South Wales more than four years ago will open its doors by next summer, delivering first-of-its-kind vaccine research and manufacturing capability...
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| by Justin Hendry
The National Reconstruction Fund has taken a $54 million stake in Synchron, the Melbourne-founded startup developing a non-invasive brain-computer interface that rivals Elon Musk’s Neuralink, as part of a...
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| by Justin Hendry
Nearly $64 million in grants bypassed the prescribed assessment processes for one of Queensland’s largest industry development funds at the direction of government, the state’s auditor-general has found. The...
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| by Trish Everingham
Australia’s privacy laws should be updated urgently to protect neural data, the Australian Human Rights Commission has warned in a landmark report calling for new safeguards on the nascent...
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| by Trish Everingham
The Queensland government has moved to expand access to incentive payments through its flagship biomedical research institute as part of changes designed to improve accountability, flexibility and commercial outcomes....
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| by Trish Everingham
US-backed AI retinal imaging company Optain Health will grow its presence in Melbourne after backing from the Victorian government, with plans for a new Asia-Pacific headquarters and an expanded...
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| by Stuart Mason
Each year, more than 2.2 million children around the world undergo central venous access procedures, with a thin, flexible catheter placed into a vein near the heart. But due...
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| by Stuart Mason
An estimated 40 percent of the population is suffering from poor gut health, and many have not been diagnosed with a condition — partly due to the current diagnostic...