Probiotic expands manufacturing with packaging buy

Pharmaceutical company Probiotic (ASX: PBP) has increased its manufacturing footprint with the purchase of Sydney packaging company ABS, formally Australian Blister Sealing. Probiotic paid $23 million for the 40-year-old Seven Hills company which provides contract packaging services for the pharmaceutical and food sectors, including bottle filling, labeling and blister packaging. Probiotic managing director, Wes Stringer…

Patent Box a generational opportunity for Australian industry

By Forum member Barry Thomas, Cook Medical   As an exporting medical devices company that employs more than 600 people, Cook Medical has long been a champion for tax reform to stimulate innovation and manufacturing.   Recent comments by the federal treasurer that the government would take a “close look” at a Patent Box scheme…

Researchers make graphene from gum tree bark

Australian and Indian researchers have developed a method to dramatically shrink the cost of making graphene by using eucalyptus trees as raw material. Researchers from RMIT University and India’s National Institute of Technology, Waranga have succeeded in making grahene from bark. RMIT’s Professor Suresh Bhargava said: “Eucalyptus bark extract has never been used to synthesise…