The University of Sydney’s Drug Discovery Initiative awarded the Australian Nuclear Science and Technology Organisation (ANSTO) $80,000 in seed funding to manufacture molecules of tumour-targeting triphenylphosphonium (TPP) units, linked to metal chelators. The molecules are suitable for containing radioisotopes in theranostic applications. This funding will help research into the TPP for use in treating cancer, … Continue reading Seed funding awarded for personalised nuclear medicines
After claiming the title as the national hub of medicinal cannabis, Victoria is now set to win the title for a global centre for medicinal opium poppies, as the state focuses on growing its pharmaceutical manufacturing sector. TPI Enterprise, Australia’s only locally owned medicinal poppy processing company, is expanding its production with support from the Victorian government, creating … Continue reading Victoria set to grow as a pharmaceutical hub
Medicinal cannabis company Cann Group has received approval to start cultivating its first commercial cannabis crop. Cann’s first cannabis plants are expected to be harvested by August this year. According to the company, the plants will supply material to be manufactured into medicinal cannabis products. The company will also be conducting a research program with … Continue reading Australia’s first commercial cannabis crop receives approval
Manufacturer Roche Australia has initiated a widespread recall of prescription-only Valium, due to evidence of medicine tampering. All batches of Valium 5mg in packs of 50 tablets are being recalled, after it was reported that packs were sold with blister sheets containing different medications, such as Codeine, Rosuvastatin and Pantoprazole. An investigation is underway to … Continue reading Roche Australia recalls Valium due to tampering
A new absorbable heart device has been recalled by manufacturer Abbott Vascular Australia, after research linked it to increased rates of heart attacks and blood clots. The Absorb Bioresorbable Vascular Scaffold system is a fully absorbable implanted stent which is used to open blocked coronary arteries. It is in the process of being removed from … Continue reading [UPDATED] Absorbable heart device recalled due to patient heart attacks
It’s not easy being a small business in the current manufacturing environment. The face of manufacturing is changing, and businesses are eager for technological advances that could give them a competitive advantage.