Cancer test developer Rhythm Biosciences’ shares plunged on the ASX yesterday when the company withdrew an application for registration with the Therapeutic Goods Administration of its ColoSTAT test for colorectal cancer. The company’s shares closed down 38 percent to 36.5 cents last night after the company announced its response to its application for an Australian…
Agrimin’s $1 million tax rebate Minerals business Agrimin has announced receipt of a tax refund worth $1.0 million under the Research and Development Tax Incentive program, related to R&D expenditure incurred for the Mackay Potash Project during the year ended June 30, 2023. The refund includes eligible overseas R&D expenditure. Debbie Morrow, Managing Director and…
Dronamics makes first flight of its cargo drone Dronamics made history when its full-scale Black Swan, the first of its kind cargo drone, successfully completed its first flight on May 25, (pictured). The unmanned aerial vehicles (UAVs) are able to transport cargo at a cost which the company claims is up to 80 percent faster,…
The Healthy Mummy to be sold through Woolworths Halo Food Co’s The Healthy Mummy sports and diet products are to be sold through Woolworths supermarkets nationally. The retailer will stock three THM powdered smoothie products from the first quarter of 2023. The sales value of the products to Halo is forecast to be $2.5 million…
Jatcorp’s new China distribution agreement China export specialist Jatcorp has announced an agreement which will see the supply milk powders to Chinese milk brand company BTNature over the next 12 months. The agreement, which could be worth up to $28 million in product sales, covers around 3.2 million cans of eight different products. This is…
Universal Biosensors appoints French distributor Electrochemical test developer Universal Biosensors has signed Vivelys SAS (France), part of the Oeneo Group, to be its French distributor for the company’s Sentia wine testing platform device. Vivelys will be non-exclusive distributor for a three year term for Sentia, which tests wine for sulphur dioxide, glucose, malic acid and…
DroneShield sells to Australian army, receives US infrastructure order Drone detection and countermeasure company DroneShield has has sold a quantity of its RfOne MKIITM long-range sensors to the Australian Army (pictured). The capability is being delivered immediately to allow the Australian Army to assess its future counter-drone requirements and options. The company has also received…
