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Patent gears

Australian government unveils framework for a patent box to offset R&D for drugs and devices

Aug. 17, 2021
By Tamra Sami
PERTH, Australia – The Treasury Department is seeking feedback from industry stakeholders on its discussion paper on a patent box policy, which was first announced in the May 2021 federal budget.
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Australian federal court rules that AI can be a patent inventor

Aug. 10, 2021
By Tamra Sami
PERTH, Australia – In a possible world-first decision, an Australian court has ruled that artificial intelligence can be named as the inventor of a patent.
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Australia and coronavirus

TGA looks to expand international collaboration in wake of COVID-19 isolation

July 27, 2021
By Tamra Sami
PERTH, Australia – Australia was one of the first nations to slam its borders shut during the pandemic, praising its efforts in containing COVID-19 infections.
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Q-biotics-Fontainea-flower 7-13
Newco news

Qbiotics closes AU$85M capital raise to progress plant-derived oncology, wound healing assets

July 13, 2021
By Tamra Sami

PERTH, Australia – Following a AU$85 million (US$64.41 million) capital raise, Qbiotics Group Ltd. is progressing its oncology clinical program for lead candidate tigilanol tiglate, a natural product that is isolated from the seed of the Australian rainforest native shrub Fontainea.


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Technegas illustration

Cyclopharm hit with FDA CRL for Technegas for pulmonary embolisms

June 29, 2021
By Tamra Sami
PERTH, Australia – Cyclopharm Ltd. said it received a complete response letter (CRL) from the FDA for its Technegas NDA for pulmonary embolisms. The CRL relates to better defining and validating production and delivery of the Technegas particle and other aspects of crucible manufacturing and dosimetry that need to be addressed before the NDA can be approved.
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Australia and coronavirus syringe

Australia phases out Astrazeneca COVID-19 vaccine, turning to Pfizer, Moderna for rollout

June 29, 2021
By Tamra Sami
PERTH, Australia – Australia will be phasing out the Astrazeneca COVID-19 vaccine by October and will rely on Pfizer Inc./Biontech SE and Moderna Inc. vaccines to ramp up lagging vaccination rates.
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Currus-Biologics-team-6-29
Newco news

Currus Biologics launches with AU$10M series A to tackle CAR T combo in solid tumors

June 29, 2021
By Tamra Sami
PERTH, Australia – Startup Currus Biologics Pty Ltd. has launched with a AU$10 million (US$7.5 million) series A round with the mission of improving the success of CAR T-cell therapies against solid tumors such as breast, ovarian and pancreatic cancers.
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Australian coins and bills

Immutep announces AU$60M capital raise to advance LAG-3 therapy to registration trials

June 22, 2021
By Tamra Sami
PERTH, Australia – Immutep Ltd. announced a AU$60 million (US$45.1 million) capital raise via two tranches to progress two clinical programs of its lead immunotherapy, eftilagimod alpha, to registration studies.
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Australia map and flag with double helix

Pandemic recovery key theme of Australia’s budget with med-tech, biotech sectors praising new measures

May 18, 2021
By Tamra Sami
PERTH, Australia – Australia’s budget theme for the 2021 to 2022 fiscal year is rebuilding the economy following COVID-19, and med-tech and biotech leaders were praising some of the new measures.  
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Startup key, rocket icon
Newco news

Australian serial entrepreneur Darren Kelly tackles fibrosis yet again in Certa Therapeutics

May 18, 2021
By Tamra Sami
PERTH, Australia – Certa Therapeutics Pty Ltd. founder and CEO Darren Kelly knows a thing or two about launching biotech companies. He spun out Fibrotech Therapeutics in 2006 from the University of Melbourne, which was one of the Medical Research Commercialization Fund’s first investments.
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