Luxury food group Maggie Beer Holdings rapid growth continued in the latest quarter, with the company revealing it expected sales of $85 million for the full year. In a business update the Barossa Valley company said the business was expected to make earnings before interest, tax, depreciation and amortisation of $11 million in the full…
Biotechnology company CSL has completed the acquisition of a novel gene therapy for the treatment of haemophilia B from NASDAQ listed uniQure. The company will pay US$450 million initially with further milestone payments and royalties to follow as the product etranacogene dezaparvovec (AMT-061) is further developed and commercialised. uniQure will complete the Phase three trial…
Next week’s budget will include $53.8 million over four years to establish the National Artificial Intelligence Centre which will coordinate Australia’s AI expertise and capabilities and drive adoption of the technology.
Perth international shipbuilder Austal has been forced to deny reports it is close to purchasing a second shipyard in the Philippines, this time at the former US naval base at Subic Bay. ABC reported this week comments by Australia’s ambassador to the Philippines, Steven Robinson who said Austal was closing in on a takeover of…
The ambitious new commitments of state governments go some way to filling the void left by the lack of a national climate policy. So let’s look at how they can best coordinate their efforts to deliver a more efficient, lower-cost outcome — and a national approach to reducing emissions.
Deakin University’s Hycel centre will undertake a feasibility study for hydrogen use in the dairy industries in Australia and Uruguay, in partnership with Food and Fibre Great South Coast.
Holmwood Highgate to manufacture fuel and water storage modules Queensland bulk liquid storage manufacturer Holmwood Highgate has signed a $30 million contract with Rheinmetall MAN Military Vehicles to deliver fuel and water modules. The modules will be fitted to defence’s fleet of logistics trucks. The Loganholme company has previously secured more than $108 million worth…
Today @AuManufacturing’s editorial series – Celebrating Australian Made – looks at local manufacturers supporting the switch to renewable energies. Here Peter Roberts profiles Australia’s one and only manufacturer of solar PV panels – Tindo Solar. One of the lessons of the Covid-19 pandemic is the danger of over-reliance on extended global supply chains and the…
Advertisement The Australian Manufacturing Forum and @AuManufacturing news today announce two additions to the value-added services services we offer to manufacturers. We have teamed up with trusted sector partners to provide assistance to companies wanting to maximise their return under the R&D tax incentive scheme, and those who want to save cash and go green…
Infections diseases therapy company Opal Biosciences has bought a specialist pharmaceutical formulation business, boosting its capabilities in developing new drugs for clinical trials and manufacture. The Melbourne company bought Formulytica Pty Ltd which has in-house laboratories for developing formulations for topical and injectable drugs. The company provides a fee-for-service business for local and international clients…
