2018 - Brandon Capital

3 December 2018

Perth tech takes out Australian start-up competition to join international finals

Perth medical device company, OncoRes Medical, has won top honours at an internationally-recognised start-up event, which will see the company pitch to an international audience including the Duke of York, Prince Andrew. OncoRes, which is developing an imaging tool to improve the outcome of breast cancer surgery, beat off stiff competition to win the Australian […]

21 November 2018

The WILD Program launches within the Victorian STEM sector, with first intake of 20 women

The Women in Leadership Development (WILD) Program today announces its launch, with the first intake of women in the science, technology, engineering and maths (STEM) sector. The WILD Program helps build on the qualifications, skills and confidence of women considering senior leadership roles and company directorships, and identifies the high level of candidates ready to […]

8 October 2018

Brandon Capital, Rampersand, Artesian lead local VC gender diversity push

Aussie venture capital funds are making significant strides in boosting the diversity of their portfolios, but women still make up only a tiny percentage of the investors in the sector. A survey conducted by The Australian Financial Review of 10 of the top VC funds in the country revealed that of 448 investments made since the inception […]

2 October 2018

QUE Oncology launches Phase II trials

Clinical stage biotechnology company QUE Oncology today announces the launch of its Phase II trials which will see its novel non-hormonal therapy, for women with breast cancer suffering hot flushes and night sweats, tested at six sites across Australia. QUE Oncology is developing drugs for large unmet medical needs and has already advanced clinical development […]

31 August 2018

PolyActiva commences first Phase I clinical trial with potential to improve lives of millions

PolyActiva Pty Ltd, a clinical-stage Australian biotechnology company, has recently recruited first patients into its Phase I clinical study designed to show its glaucoma implant is safe and well tolerated. PolyActiva has used its proprietary polymer prodrug technology to develop ocular implants that, when placed in the eye, provide sustained treatment over a six-month period, […]

14 August 2018

Paragen Bio launches in northern Queensland with $6 million investment

Brandon Capital’s Medical Research Commercialisation Fund (MRCF), AbbVie Ventures, and OneVentures today announce an AU$6 million investment into new biotech company, Paragen Bio Pty Ltd. This is the first biotech startup from James Cook University (JCU) and is one of just a handful of biotech companies in Northern Queensland. Paragen Bio is focused on treating […]

3 July 2018

Azura Ophthalmics receives Series B funding to create treatment for major cause of Dry Eye Disease

Azura Ophthalmics has received US$16 million in Series B funding to develop treatments for Meibomian Gland Dysfunction (MGD) – the number one cause of Dry Eye Disease. The funding from Brandon Capital’s Medical Research Commercialisation Fund (MRCF), TPG Biotech, OrbiMed and Ganot Capital, will allow the Israeli-Australian company to move into its next clinical stage […]

4 June 2018

MRCF announces largest investment to date by Biotechnology Translation Fund

The Medical Research Commercialisation Fund (MRCF) today announce a significant AU$25 million investment into late-stage biomedical company, Certa Therapeutics. This is the largest investment to date from the Government’s Biotechnology Translation Fund (BTF), with $22M coming from the MRCF and over $3M from Uniseed. Certa Therapeutics is focused on the emerging field of medical science […]

4 June 2018

Brandon Capital’s MRCF announces largest investment by Biotechnology Translation Fund

The Medical Research Commercialisation Fund (MRCF) today announce a significant AU$25 million investment into late-stage biomedical company, Certa Therapeutics. This is the largest investment to date from the Government’s Biotechnology Translation Fund (BTF), with $22M coming from the MRCF and over $3M from Uniseed. Certa Therapeutics is focused on the emerging field of medical science […]

28 February 2018

Conjunctivitis treatment gets $13m from Brandon Capital for local trial

Australians with viral conjunctivitis will be the first to try drops that hope to clear up the eye infection and reduce its fortnight-long infectious period, after an opthalmic drug developer was lured from San Diego to Sydney by $13 million from a local biotech venture capital manager. The Sydney Eye Hospital will host the first […]

28 February 2018

Okogen receives $13 Million Series A Funding for trials to treat the leading cause of eye infections

Okogen, a San Diego developer of ophthalmic anti-infective drugs, announces AU$13 million in Series A Funding from Brandon Capital’s Medical Research Commercialisation Fund (MRCF) to advance its viral conjunctivitis treatment. The investment will go towards the ongoing development of Okogen’s lead candidate, OKG-0301, an ophthalmic formulation of ranpirnase, a potent ribonuclease with established broad-spectrum antiviral […]

28 February 2018

MRCF invests in San Diego ophthalmic biotech company, clinical trials to take place in Australia

Okogen, a San Diego developer of ophthalmic anti-infective drugs, announces AU$13 million in Series A Funding from Brandon Capital’s Medical Research Commercialisation Fund (MRCF) to advance its viral conjunctivitis treatment. The MRCF has a trainee/secondee program, whereby Member Institutes or allied public sector initiatives can nominate staff members to work within the Investment Manager for […]

19 February 2018

Australian biotech company launched with AU$7m investment to develop therapies for treating obesity

Cincera Therapeutics Pty Ltd (“Cincera”) has launched with an AU$7 million venture capital commitment from the Medical Research Commercialisation Fund (MRCF). The Company has been founded to develop new therapies to target conditions relating to an unhealthy Western diet, including serious and highly prevalent diseases associated with obesity. The company will initially focus on treatments […]

9 February 2018

University of Sydney spin-off Elastagen sold for $120m to Botox maker

Ridding the world of stretch marks and acne scars is on track to become Professor Anthony Weiss’s legacy, after the skin repair treatment developed at his University of Sydney biochemistry laboratory in the 1990s was sold for $120 million to the multinational that makes Botox. Professor Weiss’s breakthrough was a process to manufacture tropoelastin, a […]

2 February 2018

Allergan to Acquire Elastagen to Access Next Generation Injectable Portfolio

Elastagen Pty Ltd, a clinical stage company developing medical device products based on recombinant tropoelastin, today announced that it has entered into a definitive agreement under which Allergan plc, a leading global biopharmaceutical company, has agreed to acquire Elastagen for an upfront payment of US$95M plus contingent, commercial payments.” Elastagen’s revolutionary technology is based on […]

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