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2014

December

Premier Daniel Andrews finalises ministers' portfolios

4 December 2014.   The BioMelbourne Network welcomes the new Victorian Government Ministry, as announced today by Premier Daniel Andrew. We look forward to working Ministers in supporting innovative businesses and entrepreneurship in the biotechnology and medical technology sector. In particular, we look forward to collaborating with Adem Somyurek the Minister For Small Business, Innovation an... read more…
November

Innovation Key to Jobs and Growth Under Labor

28 November 2014.  While the Napthine Government cut funding to science, technology, engineering and innovation by 60 per cent, Innovation and job creation will be key to Victorian jobs and growth under an Andrews Labor Government.Labor will establish the Premier’s Jobs and Investment Panel, using the unique insight of the private sector on how to invest $500 million to create high-skill, high-... read more…

VCGS Signs a Deal with Illumina for Non-invasive Prenatal Testing

27 November 2014.  The Victorian Clinical Genetics Services (VCGS), a subsidiary of the Murdoch Childrens Research Institute in Melbourne has signed an agreement with leading genomics company Illumina, to allow VCGS to offer its own Non-Invasive Prenatal Test (NIPT) based on next-generation sequencing technology.The deal adds to the VCGS prenatal testing portfolio. Currently VCGS provides mater... read more…

LBT Completes Australian Clinical Trials of APAS® Technology

26 November 2014.  Medical technology company LBT Innovations Limited (ASX: LBT) has completed two comprehensive clinical trials of its pioneering culture-plate analysis technology, the Automated Plate Assessment System (APAS®), at the laboratories of Healthscope Pathology in Melbourne and Adelaide.The trials successfully tested the efficacy of the APAS technology in detecting and reporting the... read more…

Global Kinetics Corporation Achieves Key Milestones for Expansion

6 November 2014.  Swedish regulatory affairs veteran and former head of European Medicine Agency to join Global Kinetics Board Key EU patent granted covering lead Parkinson’s KinetiGraph™ (PKG™) technology Aggressive expansion agenda for leading mobile health technology company Australian mobile health technology company Global Kinetics Corporation announced today that it has appointed... read more…

Completion of Rights Issue

6 November 2014.  MELBOURNE, Australia: Circadian Technologies Limited (ASX:CIR, OTCQX:CKDXY)  is pleased to confirm the completion  of  the  two for five  fully underwritten  non- renounceable rights issue (Rights Issue) announced on 6 October 2014.The Rights Issue offered up to 19,453,313 new shares at $0.175 per share to eligible shareholders. Eligible shareholders were those with a register... read more…

Victoria election 2014: Labor pledges $60m contribution for biomedical research centre

2 November 2014. The Victorian Labor Party says it will contribute $60 million to Australia's first research and education centre for biomedical engineering if it wins the November 29 state election.Opposition Leader Daniel Andrews said the investment in the Aikenhead Centre for Medical Discovery at St Vincent's Hospital would bring together doctors, scientists and researchers to help Victoria ... read more…
October

Specialised Therapeutics Australia Announces Breakthrough Cancer Drug Abraxane® to be PBS Listed for Metastatic Pancreatic Cancer

31 October 2014. • ABRAXANE plus gemcitabine to be PBS listed for Australian patients with metastatic pancreatic cancer from 1 November • ABRAXANE plus gemcitabine significantly improves survival outcomes • A new standard of care now available for all patients with metastatic pancreatic cancer Australian biopharmaceutical company Specialised Therapeutics Australia (STA) is pleased to announ... read more…

Accelerating commercialisation outcomes in Australia

31 October 2014.  Australian businesses and innovators will have access to the full suite of support streams to usher in a new wave of competitiveness and productivity growth under the Australian Government’s $484.2 million Entrepreneurs’ Infrastructure Programme.Minister for Industry Ian Macfarlane today launched the final part of the package, the Accelerating Commercialisation stream, which i... read more…

New $200 million Biotechnology Venture Capital Fund secured in Melbourne

31 October 2014.  Minister for Technology Gordon Rich-Phillips today announced the establishment of the $200 million Biotechnology Translation Fund in conjunction with fund manager Brandon Capital Partners, the manager of the Medical Research Commercialisation Fund (MRCF).Minister Rich-Phillips said the Victorian Coalition Government has secured the fund's headquarters for Melbourne with a cont... read more…