Eco Detection appoints new CEO Water monitoring device company Eco Detection announced on Tuesday that Charles Macfadyen has joined as Chief Executive Officer. In an update on Linkedin, the company said Macfadyen brings a wealth of knowledge as a seasoned technologist within the mining and mineral exploration sector, with a deep expertise spanning both software…
Ophthalmic surgical device manufacturer Nova Eye Medical has reported a record combination of sales growth and operating result improvement during the year ended 30 June 2024. Underpinned by solid performance in its core glaucoma segment including its flagship product, iTrack Advance, the company’s sales in July 2024 were materially above the previous year. Investments recently…
Medical device manufacturer Nova Eye Medical has reported strong sales growth of its glaucoma surgical devices for the year ended 30 June 2024. Revenue for the year ended 30 June 2024, mainly for sales of its ITrack Advance glaucoma surgical device, is expected to be $23.5 million (US$15.3 million), up 37 percent on the previous…
Atomo Diagnostics sells HIV self tests Atomo Diagnostics has secured purchasing orders from Vitaris Healthcare for $970,000 worth of Newfoundland HIV self-tests, manufactured by Atmo under the Mylan brand. The kits, which are destined for a number of low and middle-income (LMIC) countries, will be manufactured during H2 FY24. Founder and CEO John Kelly said:…
Orica the latest to create value from unused land Chemical and explosives business Orica has sold 66 hectares of unused industrial land at Deer Park in Melbourne to UniSuper for $260 million. The sale, stage 1 of a land sale process, netted a net profit after tax of $173 million for the Melbourne company. The…
Austal’s 18th LCS warship for the US Navy completes acceptance trials The future USS Kingsville constructed by Austal USA, part of the Perth-based shipbuilder Austal, has successfully completed acceptance trials in the Gulf of Mexico for the U.S. Navy. During acceptance trials, comprehensive testing is conducted on the ship’s major systems and equipment in order…
Ophthalmic treatment device manufacturer Nova Eye Medical has reported strong sales results following the US launch of its latest iTrack Advance glaucoma surgical device. The iTrack Advance is a consumable device with an illuminated fibre optic tip designed to improve the efficacy of canaloplasty surgery in treating glaucoma. The updated device was launched in May…