CSL Behring steps up Covid fight

Biotechnology giant CSL has stepped up the fight against Covid-19 with the announcement it has begun trials to evaluate its monoclonal antibody CSL312 for respiratory distress. The company’s CSL Behring arm has begin phase II placebo-controlled studies on the safety and efficacy of the garadacimab, Factor XIIa antagonist monoclonal antibody for patients with Covid-19 related…

Investors back Blackmores capital raising

Sydney premium vitamin manufacturer Blackmores has found strong investor support for its capital raising with a share purchase plan closing significantly over-subscribed. The company had beem planning to raise $25 million but received applications from existing shareholders for new shares worth $77 million. The company decided to scale back allocations to individual investors on a…

Quickstep manufactures Harrier parts under contract to Boeing

Composites manufacturer Quickstep Technologies has supplied the United States Marine Corps’ AV-8B Harrier fleet with 260 urgently needed, obsolete aircraft parts. Sydney-based Quickstep produced the parts for the vertical short takeoff and landing (V/STOL) aircraft on short notice under a contract with Boeing Global Services. Originally built by McDonnell Douglas, the Harrier II is a…