Frigate project sparks $10 million manufacturing accelerator plan

The construction of Hunter class frigates in Adelaide in a new all-digital shipyard has sparked the creation of a first-of-its-kind advanced manufacturing accelerator located at the Tonsley Innovation District. Tonsley, already a thriving advanced education and industrial zone, will host the development of the Line Zero – Factory of the Future, a collaboration between the…

Hope for Immuron anti-diarrhoea vaccine

Biotechnology company Immuron has announced positive results for its anti-diarrhoea vaccine in targeting the main bacteria responsible for sickness that besets international travellers and personnel stationed overseas such as the military. The United States Naval Research Centre (NMRC) has completed analysis of cows vaccinated against Campylobacter and Entereotoxigenic Escherichia coli, noting a ‘robust immune response’.…

Altech Chemicals raises cash, moves to develop battery anode material

Altech Chemicals is deepening its involvement in the battery metals business, announcing a collaboration agreement with a leading silicon metal producer to develop a high capacity, long cycle life silicon battery anode material. At the same time Altech launched a $14.5 million partially underwritten pro-rata share entitlement offer. Major shareholders have taken up or underwritten…

Pharma group Probiotec buys Multipack packaging operation

Prescription and over the counter pharmaceuticals manufacturer Probiotec has purchased co-packing services provider Multipack-LJM, positioning itself as one of the country’s largest contract manufacturing and product packing businesses. Probiotec is paying $52.5 million for Multipack, which provides an extensive range of co-packing services for food and beverage, personal care and household and pharmaceutical companies. The…