Australian Phase 1 clinical trials of DNA-based Covid-19 vaccine to begin
The University of Sydney has announced Phase 1 human trials of Australia’s first DNA-based Covid-19 vaccine.
Glaciem wins engineering award for CO2 Refrigeration
South Australia’s Glaciem Cooling Technologies has won the state’s Engineering Excellence Award and been named as Sir William Hudson Award finalist. The company was recognised for several technologies based on research at the University of South Australia. Their air-cooled CO2 refrigeration system has been operating at The Bend Motorsport Park, about 100km southeast of Adelaide,…
1414 Degrees looks to add batteries to silicon energy storage
Thermal energy storage developer 1414 Degrees has evaluated its TESS molten silicon technology for energy storage under scenarios linked to additional battery storage. The company, which is developing the Silicon Aurora project near Port Augusta in South Australia, found the project would generate higher revenues by combining thermal (TESS) and battery enetrgy (BESS) storage. The…
Recce Pharmaceuticals raises $29 million
Anti-infective drug developer Recce Pharmaceuticals has received commitments from investors for $27,950,000 to be raised in a placement of shares. The capital raising will fast track commercialisation activities and fund human clinical trials. The company has been developing broad spectrum synthetic drugs which have achieved ‘positive results’ in pre-clinical laboratory and animal tests on E.…
Will we learn from the past and seize the opportunity of a post-Covid world
By Peter Roberts Standing in front of Chateau Tanunda in the Barossa Valley yesterday hit home a lesson of the past – where there is trouble, there is also opportunity. The Château’s origins go back to the decimation of Europe’s, and Australia’s eastern states’ vineyards by the fungal root disease phylloxera in the 19th century.…
Buy Aussie Now shopping site launches with 5,000 manufacturers
Sports legends Ricky Ponting and Michael Klim are involved in a new website selling only products locally manufactured by Australian owned companies. The pair are fronting the launch of the Buy Aussie Now site tomorrow with Australian-made products from 5,000 business in categories from wine to homewares, personal products, and consumer goods. Ex-cricketer Ponting is…
Nufarm announces $456 million net loss
ASX-listed agricultural chemical business Nufarm has announced a full-year net loss of $456 million, down from a $38.3 million profit a year ago. The results included $215 million in impairments from its European assets, and the sale of its South American operations to Sumitomo Chemical for $1.2 billion, completed in April. “The agricultural markets in…
WA government announces defence industry training package
The Western Australian government has announced $18.3 million in programs to build defence industry skills, which it says aims to attract more defence manufacturing work to the state.
First business, now homes to get fibre in admission NBN rollout was flawed
By Peter Roberts The federal government will today unveil a $3.5 billion upgrade plan for the National Broadband Network to extend fibre to more homes in a tacit admission that its strategy of delploying copper was flawed. The upgrade will take fibre deeper into neighbourhoods now serviced by fibre to the node plus copper to…
Apprenticeships slump as Covid bites
Apprenticeship starts slumped during the March quarter continuing a long-term decline as the Covid-119 pandemic affected businesses nationwide, according to new figures from the National Centre for Vocational Education Research (NCVER) Apprentice starts fell 11.0 per cent in the quarter to 49,015, with commencements for the year to March 31 down 7,7 per cent on…