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BioWorld - Sunday, April 26, 2026
Home » Topics » Asia-Pacific » Australia

Australia
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Immutep's eftilagimod phase IIb positive in head and neck cancer

July 2, 2024
By Tamra Sami
On the heels of an AU$100 million (US$66.5 million) capital raise, Immutep Ltd. announced positive top-line results in first-line head and neck cancer with its lead candidate, eftilagimod, in combination with Merck & Co. Inc.’s Keytruda (pembrolizumab).
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Australian money

Radiopharm raises AU$70M as it brings on new investor Lantheus

July 2, 2024
By Tamra Sami
Radiopharm Theranostics Ltd. announced a AU$70 million (US$46.69 million) institutional placement, and as part of that capital raise, radiopharma company Lantheus Holdings, Inc., has agreed to make an initial equity investment of AU$7.5 million.
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Immutep's eftilagimod phase IIb positive in head and neck cancer

June 28, 2024
By Tamra Sami
On the heels of an AU$100 million (US$66.5 million) capital raise, Immutep Ltd. announced positive top-line results in first-line head and neck cancer with its lead candidate, eftilagimod, in combination with Merck & Co. Inc.’s Keytruda (pembrolizumab).
Read More
Australian money

Radiopharm raises AU$70M as it brings on new investor Lantheus

June 26, 2024
By Tamra Sami
Radiopharm Theranostics Ltd. announced a AU$70 million (US$46.69 million) institutional placement, and as part of that capital raise, radiopharma company Lantheus Holdings, Inc., has agreed to make an initial equity investment of AU$7.5 million.
Read More
Australian coins and bills

Opthea raising AU$227M, enters final phase III stretch for OPT-302

June 18, 2024
By Tamra Sami
Opthea Ltd. announced it plans to raise up to AU$227.3 million (US$150 million) to extend its cash runway through the data readout for its two phase III pivotal trials of sozinibercept (OPT-302) in wet age-related macular degeneration.
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Health Minister Mark Butler, Ternarx CEO Joanne Boag and WEHI Director Ken Smith
Newco news

Ternarx exits stealth with focus on targeted protein degraders

June 18, 2024
By Tamra Sami
Fledgling biotech Ternarx Pty Ltd. has emerged from stealth mode and is the first of its kind in Australia to develop targeted protein degrader technology to destroy disease-causing proteins that cannot be targeted by conventional drugs. The Melbourne-based company will initially develop targeted protein degraders against currently undrugged transcription factors in cancers with significant unmet need, starting with neuroblastoma and prostate cancer.
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Australian coins and bills

Opthea raising AU$227M, enters final phase III stretch for OPT-302

June 12, 2024
By Tamra Sami
Opthea Ltd. announced it plans to raise up to AU$227.3 million (US$150 million) to extend its cash runway through the data readout for its two phase III pivotal trials of sozinibercept (OPT-302) in wet age-related macular degeneration.
Read More
Businessman and IPO virtual screen

Telix announces $200M Nasdaq IPO to bolster radiopharma pipeline

June 11, 2024
By Tamra Sami
Australian radiopharmaceutical company Telix Pharmaceuticals Ltd. announced its IPO on the Nasdaq to raise $200 million to advance its late-stage radiopharma candidates. Headquartered in Melbourne, Telix has operations in the U.S., Europe (Belgium and Switzerland) and Japan with an extensive pipeline of theranostic radiopharmaceutical candidates.
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Brandon Capital co-founders Stephen Thompson and Chris Nave

Australian VC firm Brandon Capital closes new AU$270M fund

June 11, 2024
By Tamra Sami
Life sciences venture capital company, Brandon Capital, announced the first close of its sixth fund for AU$270 million (US$180 million) during the 2024 Biotechnology Innovation Organization International Convention in San Diego. Fund VI will see Brandon Capital continue to seed new Australian and New Zealand life sciences startups, as well as advance its expansion into international markets, particularly in the U.K., Europe, and the U.S.
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Businessman and IPO virtual screen

Telix announces $200M Nasdaq IPO to bolster radiopharma pipeline

June 7, 2024
By Tamra Sami
Australian radiopharmaceutical company Telix Pharmaceuticals Ltd. announced its IPO on the Nasdaq to raise $200 million to advance its late-stage radiopharma candidates. Headquartered in Melbourne, Telix has operations in the U.S., Europe (Belgium and Switzerland) and Japan with an extensive pipeline of theranostic radiopharmaceutical candidates.
Read More
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