SeaDragon raises $10.009 million

SEA: NZX and Media Release 30 September 2015. NZX link here. SeaDragon raises $10.009 million via rights offer and shortfall bookbuild, and additional placement Successful capital raising at $0.008 per share facilitates the completion of the company’s new Omega-3 fish oil refinery. New Zealand’s leading refiner and blender of high-quality fish oils SeaDragon Limited (NZX:SEA) today […]

Avita Medical Awarded US Government Contract valued at up to $53. 9 m USD

Link here. 30 September 2015. Highlights: BARDA contract commits initial USD16.9m to support Avita’s FDA approval trial for treatment of thermal burn injuries and procure 5000-plus ReCell® devices. Contract also establishes a strategic, Avita-managed stockpile for ReCell® devices to supply nationally. A further potential to receive USD37M in contract options to support additional clinical trials and […]

Adherium Ltd – New Independent Data on Adherium Smartinhaler™ Clinical Outcomes Shows Increased Adherence and Reduction in Severe Attacks

30 September 2015. Link here. ..Three independent studies support the positive impact of Smartinhaler™ Platform in paediatric asthma. ..144% increase in adherence and 37% reduction in oral steroids indicating reduced severe exacerbations. ..Data disclosed at prestigious European Respiratory Congress in Amsterdam. ..Adds to data on Adherium’s SmartInhaler published in Lancet Respiratory Medicine Adherium Limited (ASX: ADR), […]

Nexvet Receives FY2015 Cash Refund of $3.2 Million

DUBLIN, Ireland, Sept. 29, 2015 (GLOBE NEWSWIRE). Link here. Nexvet Biopharma (Nasdaq:NVET), a veterinary biologics developer, today announced receipt of US$3.2 million in cash under the Australian Federal Government’s Research and Development (R&D) Tax Incentive program. This program provides a 45 percent refundable tax offset for qualifying R&D in Australia, where Nexvet conducts its drug discovery […]

Rex Bionics Plc notes two legal cases awarding insurance funding for wheelchair user access to the REX robotic walking device

18 September, link here. Rex Bionics Plc (AIM: RXB), the pioneer of the REX Robot technology that enhances the mobility of wheelchair users, notes two recent legal settlements — awarding funding for the purchase of a REX robot and funding for Robot-Assisted Physiotherapy with REX. These developments help to establish an important principle – that individuals […]

Nexvet Secures Biomanufacturing Facility and Receives IDA Ireland Support

DUBLIN, Ireland, Sept. 16, 2015 (GLOBE NEWSWIRE) — Link here. Nexvet Biopharma (Nasdaq:NVET), a veterinary biologics developer, today announced it has secured a dedicated biologics manufacturing facility in Tullamore, Ireland. The transaction is supported the Irish Government’s Department of Jobs, Enterprise & Innovation through IDA Ireland, their foreign investment agency. BioNua Limited, a wholly-owned subsidiary […]