News

20 December 2022
Billionaires Andrew and Nicola Forrest take aim at peanut allergy
Billionaires Andrew and Nicola Forrest are taking aim at peanut allergy with their new healthcare venture, backing a small biotech looking to develop the first safe, convenient, and targeted treatment for the common allergen. Tenmile was launched with an initial $250 million investment in August and is owned by Tattarang, the Forrest family office. After […]
20 December 2022
Aravax commences Phase 2 development for peanut allergy therapy with $20m commitment to Series B round from Brandon Capital and Tenmile
Aravax, a clinical stage biotechnology company developing the first safe, convenient, and precisely targeted immunotherapeutic for peanut allergy (PVX108), today announces it has commenced its series B funding round with an investment of US$20m from leading Australian life science investors, Brandon Capital and Tenmile. The funding will enable Aravax to initiate Phase 2 trials of […]
6 December 2022
Entact Bio Launches with $81 Million Series A to Develop Precision Medicines for Targeted Protein Enhancement
Launch fueled by syndicate of blue-chip investors co-led by Qiming Venture Partners USA and venBio Partners Company’s proprietary end-to-end Encompass™ platform designs enhancement-targeting chimeric (ENTAC™) molecules Founding team comprised of world-class scientific leaders Entact Bio, the company pioneering the development of precision medicines that enhance the function of key proteins, today announced it has raised […]
6 December 2022
Vaxxas Raises US$23 million (A$34 million) to Clinically Advance Needle-Free Vaccines, Including a Next-Generation COVID-19 Vaccine Candidate
Vaxxas to progress multiple vaccine programs in the clinic and ramp up manufacturing capabilities toward commercial scale. Equity funding to leverage non-dilutive financial support of more than US$67 million (A$100 million) which has been provided and committed under contracts with US and Australian government agencies, industry collaborators, and global health organizations. Investment round led by […]
22 November 2022
CatalYm Closes EUR 50 Million Series C Financing to Expand and Accelerate Phase 2 Clinical Development of Visugromab in Patients with Solid Tumors
CatalYm today announced the close of a EUR 50 million (USD 49 million) Series C financing round. The oversubscribed round was co-led by new investors, Brandon Capital and Jeito Capital with participation from existing investors Forbion, Novartis Venture Fund, Vesalius Biocapital III, Bayern Kapital, BioGeneration Ventures and Coparion. The financing will support the continued, promising clinical development […]
17 November 2022
Azura Ophthalmics Announces Positive Results from Phase 2b Clinical Trial of AZR-MD-001 in Meibomian Gland Dysfunction
AZR-MD-001 0.5% meets co-primary efficacy endpoints, making it the first investigational drug to show significant improvements in both signs and symptoms of Meibomian Gland Dysfunction Restoration of gland function shown to improve downstream response measures of ocular conditions associated with Meibomian Gland Dysfunction Rapidly advancing AZR-MD-001 to Phase 3 in 2023 – Azura Ophthalmics Ltd., […]
11 November 2022
QUE Oncology’s non-hormonal therapy reduces hot flushes and night sweats in women with breast cancer, published in The Lancet
QUE Oncology announces the results of its Phase II trial of Q-122, a novel non-hormonal oral therapy for the treatment of vasomotor symptoms (commonly known as hot flashes/flushes and night sweats) in women taking endocrine therapy for breast cancer, have been published in The Lancet. Around 75 per cent of breast cancers are hormone-sensitive, with […]
9 November 2022
Brandon Capital Invests in Neuroscience Company NRG Therapeutics
Brandon Capital announces its participation in NRG Therapeutics’ £16 million (AUD$29m) Series A alongside Omega Funds NRG is developing inhibitors of a first-in-class target as a potential disease-modifying treatment for Parkinson’s and Amyotrophic Lateral Sclerosis (ALS), also known as motor neurone disease (MND) towards the clinic The financing enables UK-headquartered NRG Therapeutics to expand its […]
9 November 2022
First Aussies to get needle-free COVID-19 vaccine patch
Brisbane-based vaccine technology company Vaxxas has kicked off its first human clinical trial of its needle-free patches to combat COVID-19. The phase one trial is taking place at the University of the Sunshine Coast’s Sippy Downs clinical research location and will involve 44 Australians aged 18 to 50, each of whom have had three doses […]
9 November 2022
Vaxxas Announces Initiation of Phase I Clinical Study of First Needle-Free COVID-19 Vaccine Delivered Using High-Density Microarray Patch (HD-MAP)
Vaxxas, a clinical-stage biotechnology company commercialising a novel vaccination platform, today announced the initiation of a Phase I clinical trial with the first needle-free COVID-19 vaccine candidate delivered using Vaxxas’ proprietary high-density microarray patch (HD-MAP) technology. The Phase I Clinical Study is being conducted in Australia at the University of the Sunshine Coast’s Sippy Downs […]
4 November 2022
Certa Therapeutics’ investigational drug FT011 delivers breakthrough results as a potential novel treatment for serious inflammatory and fibrotic diseases
Certa Therapeutics’ investigational drug FT011 delivers breakthrough results as a potential novel treatment for serious inflammatory and fibrotic diseases Research presented today by University of Michigan Medical School highlights FT011’s ground-breaking treatment potential from human expression profiles in chronic kidney disease study supported by animal model data The research demonstrated that treatment with FT011 results […]
4 November 2022
Pathios Therapeutics to Present Preclinical Data Highlighting Potential of GPR65 Inhibition as a Powerful Anti-Tumor Immunotherapy Strategy at SITC 2022
Findings to showcase the promise of company’s ‘Macrophage Conditioning’ approach in reversing immunosuppression within acidic tumor microenvironment and driving anti-tumor activity Pathios Therapeutics Limited (“Pathios”), a biotech company focused on the development of first-in-class therapies for cancer, today announced that new preclinical data highlighting the therapeutic potential of the company’s novel GPR65 inhibition platform will […]
2 November 2022
First in-human use of OncoRes Medical’s cancer imaging technology successful
Quantitative Micro-Elastography (QME) Imaging System published in peer reviewed Cancer Research Perth, 02 November 2022: OncoRes Medical today announces positive data from the first in-cavity use of its Quantitative Micro-Elastography (QME) Imaging System.  The study, titled Quantitative micro-elastography enables in vivo detection of residual cancer in the surgical cavity during breast-conserving surgery was published in […]
20 October 2022
Azura Ophthalmics Expands Broad Intellectual Property Portfolio to 12 U.S. and European Patents
Supports continued advancement of first-in-class Ophthalmic Keratolytics for ocular surface diseases Azura Ophthalmics Ltd., a clinical-stage biopharmaceutical company developing a new therapeutic class of Ophthalmic Keratolytics for ocular surface diseases, today announced the company’s U.S. 11,459,351 patent (the ‘351 patent) was granted by the U.S. Patent and Trademark Office. This patent strengthens the company’s extensive […]
12 October 2022
Opinion: Taking the leap: transitioning from academia to industry – by Christina Kulis
Leaving academia is rarely a simple decision, no matter what career stage you are at or where you are headed next. Change is not always easy. Researchers looking to transition into industry are often faced with some uncertainty, but also lots of opportunities. A PhD degree will set you up with perseverance and tenacity. Australia […]
28 September 2022
Brandon Capital co-Leads USD68M Series A Financing of London-Based ADC Company Pheon Therapeutics
Financing led by Brandon Capital from its newly established UK operation; Forbion and Atlas Venture co-led the round USD68M series A will enable London-based Pheon Therapeutics to advance its lead ADC compound targeting a novel cancer antigen and further develop its proprietary payload platform for development of novel ADCs Jonathan Tobin, Partner at Brandon Capital […]
21 September 2022
Azura Ophthalmics Announces Formation of Scientific Advisory Board (SAB)
SAB comprised of leading experts in ophthalmology to provide strategic support for the advancement of Azura’s first-in-class Ophthalmic Keratolytics Azura Ophthalmics Ltd., a clinical-stage biopharmaceutical company developing a new therapeutic class of Ophthalmic Keratolytics for ocular surface diseases, today announced the formation of its scientific advisory board (SAB), comprised of leading academic and industry innovators. […]
21 September 2022
Glyscend Therapeutics Releases New Phase 1 Biomarker Results and Initiates Phase 2 Clinical Trial under an IND for GLY-200 as a Potential First-in-Class Type 2 Diabetes Treatment
GLY-200 is a First-in-Class, Oral, Gut-Targeted Approach for Treatment of Type 2 Diabetes and Related Metabolic Conditions Newly Released Phase 1 Biomarker Data is Consistent with Effects of Roux-en-Y Gastric Bypass Surgery and Duodenal Exclusion Devices Initial Data from Phase 2 Trial Evaluating GLY-200 in Patients with Type 2 Diabetes Anticipated in Early 2023 Glyscend […]
15 September 2022
Medisanté and George Medicines collaborate to bring Internet of Things (IoT) data collection to decentralised Phase III trial of single-pill triple combination candidate to treat hypertension
• Remote cellular-enabled blood pressure monitoring provides novel and secure way of collecting real world data (RWD) in decentralised global phase III pivotal study • Unique remote device monitoring (RDM) capabilities of Medisanté’s medical IoT platform (M+ Hub) enhance George Medicines’ clinical trial management system • Seamless decentralised data collection of blood pressure measurements over […]
8 September 2022
George Medicines provides single-pill triple combination candidate for hypertension to VERONICA-Nigeria trial
Novel proprietary low-dose, single-pill triple combination, GMRx2, is in late-stage development with global Phase III trials underway Single-pill triple combination outperformed standard treatments without additional adverse effects in earlier clinical research VERONICA-Nigeria trial aims for more than 80% blood pressure control while improving cost-effectiveness in treating hypertension, providing a potential valuable tool to address the […]
5 September 2022
$16m cash injection to progress first-in-class therapy for inflammation and fibrosis
Australian start-up OccuRx accelerates therapy development for diseases associated with inflammation and fibrosis – the cause of 45% of all deaths globally1 Australian biotech start-up OccuRx today announces a $16m cash injection to progress into clinical phase studies for its oral therapy for inflammation and fibrosis – one of the leading causes of deaths globally[1]. […]
28 August 2022
Azura Ophthalmics Provides Update on AZR-MD-001 Phase 2 Clinical Program Targeting Meibomian Gland Dysfunction
Azura Ophthalmics Ltd., a clinical-stage biopharmaceutical company developing a new therapeutic class of Ophthalmic Keratolytics for ocular surface diseases, today announced that the U.S. Food and Drug Administration (FDA) has cleared the company’s Investigational New Drug (IND) application for its Phase 2 clinical study protocol of AZR-MD-001 in Meibomian Gland Dysfunction (MGD). AZR-MD-001 is currently […]
17 August 2022
Azura Ophthalmics Secures Grant to Evaluate AZR-MD-001 for Improved Vision Quality Related to Contact Lens Discomfort
Funding awarded by Brandon BioCatalyst’s CUREator Azura Ophthalmics Ltd. (Azura), a clinical-stage biopharmaceutical company developing a new therapeutic class of Ophthalmic Keratolytics for ocular surface diseases, today announced that the company was awarded a grant from CUREator, Australia’s national biomedical incubator managed by Brandon BioCatalyst. The grant will support Azura’s two-stage study evaluating the safety, […]
27 July 2022
Vaxxas patch worked for all Covid strains
A protein-based vaccine patch has proved effective against all major variants of Covid when given to mice, say researchers.  A protein-based vaccine patch has proved effective against all major variants of Covid when given to mice, say researchers. Vaxxas is an Australian biotechnology company which is developing patch dispensers for different diseases. Vaxxas CEO David […]
20 July 2022
Australia’s first national biotech incubator announces round one funding to support life science breakthroughs
CUREator has awarded $17.4 million across 23 projects targeting global health concerns including diabetes, cardiovascular disease and cancer Successful round one awardees will take part in the national incubator which supports and accelerates the development of Australian biotech innovations to attract investment and transform health outcomes Melbourne, 20 July 2022: Australia’s national biotech incubator, CUREator […]
19 July 2022
CUREator, the national biotechnology incubator, backs 23 start ups
The government-backed national biotechnology incubator has made its first round of grants, worth $17.4m, to start-up companies around the nation tackling health problems such as diabetes, cardiovascular disease and cancer. The incubator, CUREator, has funded 23 medical projects with the aim of helping them reach the stage where they attract commercial investment. Established with $40m […]
5 July 2022
CSIRO and Australian incubator CUREator boost health security innovation
$3m additional funding provided by CSIRO to CUREator, Australia’s national biotech incubator, to boost home-grown health security discoveries, taking total incubation capital to $43m Australian biotech incubator CUREator will receive $3m in funding from Australia’s national science agency, CSIRO, to support Australia’s health security and protect against emerging infectious diseases and pandemics. CSIRO scientists will […]
9 June 2022
Amaroq Therapeutics hits early milestones and makes key appointments to Scientific Advisory Board
Promising ‘dark matter’ cancer therapy has clinical trials in sight Amaroq Therapeutics, a biotechnology company focussed on developing a new class of therapeutics that target lncRNA in cancer, is progressing towards clinical trials following a promising initial development phase and securing key appointments to its Scientific Advisory Board (SAB). Amaroq Therapeutics is pleased to announce […]
6 June 2022
Over $15m invested in world-leading cancer immunotherapy
University of Auckland spinout targeting new cancer treatment TamoRx, a biotech start-up recently spun out of the University of Auckland, has received NZ$15.25m investment to accelerate development of a new treatment for cancer. The company, founded by Dr Joanna Mathy and Professor Rod Dunbar from the university’s School of Biological Sciences, aims to develop a […]
31 May 2022
Vaxxas and University of Sydney complete study assessing needle-free HD-MAP technology for vaccine administration
Australian biotechnology company, Vaxxas Pty Ltd (Vaxxas), in collaboration with the University of Sydney Institute for Infectious Diseases, Faculty of Medicine and Health, has completed a study assessing the usability and acceptability of its novel High-Density Microarray Patch (HD-MAP) to administer vaccines. The HD-MAP is Vaxxas’ proprietary vaccine patch technology, representing a possible alternative to […]
18 May 2022
Australian medical device company secures additional $12.5m to advance its breast cancer imaging system towards clinical trials
OncoRes Medical’s imaging system may be a game-changer for breast cancer surgeons Australian medical device company OncoRes Medical today announces it has secured $12.5m to advance its innovative imaging system, to facilitate real-time tumour assessment to help surgeons more accurately identify and remove cancerous tissue such as breast cancer. The $9.5 million Series A2 funding […]
12 May 2022
ENA Respiratory Selected for BLUE KNIGHT™ to Accelerate Development of Pan-Antiviral Nasal Spray
ENA Respiratory, a clinical-stage pharmaceutical company developing INNA-051, a first-in-class broad-spectrum antiviral innate immunomodulator for pan-antiviral prophylaxis in at-risk populations and pandemic preparedness, has been selected to join BLUE KNIGHT™, a joint initiative between Johnson & Johnson Innovation – JLABS (JLABS) and the Biomedical Advanced Research and Development Authority (BARDA), a component of the U.S. […]
12 May 2022
Glyscend Therapeutics Announces Completion of Phase 1 Clinical Trial of its Oral, Gut-restricted, Polymer Therapeutic, GLY-200, as a Potential Type 2 Diabetes Treatment
GLY-200 Well-Tolerated Across Doses Evaluated, Supporting Potential as First-in-class Treatment for Type 2 Diabetes and Related Metabolic and Chronic Conditions Initiation of Phase 2 Trial for GLY-200 in Patients with Type 2 Diabetes Anticipated in Mid-2022 Company’s Expertise in Gastroenterology, Metabolism, and Polymer Chemistry Further Strengthened by Recent Appointment of Mark Fineman, Ph.D., as Chief […]
10 May 2022
Opinion: Aduhelm – Providing hope to millions of Alzheimer’s Disease patients worldwide? – Katherine Jackman
When I first heard the news that the FDA had approved Aduhelm – Biogen’s anti-amyloid β, disease modifying therapy for Alzheimer’s disease (AD) – I was excited. I had followed the review process closely and had anticipated a ”no” from the FDA. The clinical data was mixed: Biogen completed two Phase 3 studies, EMERGE and […]
6 May 2022
Aravax appoints Dr Brett Haumann to Board of Directors
Aravax, a clinical stage biotechnology company focused on developing the most advanced novel therapy for peanut allergy, which is designed to be safe, effective, and convenient, today announces the appointment of industry executive Dr Brett Haumann as a non-executive director to its Board of Directors. Dr Haumann is a pharma veteran with leadership experience spanning […]
3 May 2022
Australian collaboration and AU$10m investment fuels Ankere Therapeutics’ efforts to target inflammatory lung conditions
Australian biotech company, Ankere Therapeutics (‘Ankere’), has launched with AU$10 million seed investment to develop new therapies which target inflammatory diseases, particularly those affecting the lung. The funding round was jointly led by IP Group and Brandon Capital, through Brandon BioCatalyst, and will support the company through its pre-clinical development and into clinical trials. Ankere […]
28 April 2022
AIC growth private equity awards: Allegro Funds, Brandon Capital clean out
Australian Investment Council belatedly held its 2021 awards for growth private equity firms on Thursday evening in Sydney, and Allegro Funds’ team must’ve come back from the party grinning ear to ear. Chester Moynihan, Adrian Loader and Fay Bou’s firm was named the firm of the year. It also won in the mid-cap investment ($100 […]
18 April 2022
Parkinson’s patients benefit from revolutionary watch on the NHS to manage care at home
Patients with Parkinson’s disease are being given life-changing smart watches that allow doctors to remotely assess their condition in a pioneering project to revolutionise NHS care. The cutting-edge gadget containing sensors, known as a Parkinson’s Kinetigraph (PKG), is worn around the clock for six days to monitor patients’ movements at home. The information it collects […]
12 April 2022
Pathios Therapeutics Highlights Role of GPR65 as Critical Innate Immune Checkpoint in the Human Tumor Microenvironment and Reports Anti-Tumor Activity of GPR65 Inhibition During Podium Presentation at AACR 2022
Human ex vivo data demonstrate the promise of Pathios’ ‘Macrophage Conditioning’ approach in reversing the immunosuppressive polarization of macrophages brought about by an acidic microenvironment Preclinical study results show the ability of GPR65 inhibition to inhibit tumor growth and increase infiltration of key effector cell populations Pathios Therapeutics Limited (“Pathios”), a biotech company focused on […]
4 April 2022
Boosting product confidence of a world-leading RNA therapeutics start-up
CSIRO’s Transformational Bioinformatics group validates the importance of long non-coding RNAs (lncRNAs) as novel cancer therapeutics targets. The Client  Amaroq Therapeutics is a New Zealand-based biotechnology company targeting long non-coding RNAs for next generation cancer therapies. The company is spun out of research from the University of Otago in Dunedin, New Zealand, and is funded […]
24 March 2022
Vaxxas Licenses HexaPro Spike Glycoprotein from University of Texas at Austin for Use on its Needle-Free Vaccine Patches
Vaxxas to complete Phase 1 clinical studies in 2022 with the world’s first needle-free COVID-19 vaccine (HexaPro) to be delivered using Company’s proprietary microarray patch (HD-MAP) technology HexaPro is a second-generation SARS-CoV-2 spike protein that is similar to the spikes used in all COVID-19 vaccines on the U.S. market, but modified to be more stable […]
16 March 2022
First Participants Dosed in Phase 2a Study of Pan-Antiviral Nasal Spray
ENA Respiratory begins influenza challenge study for fast-acting nasal spray INNA-051, designed to boost innate immunity in patients at high risk of severe complications from respiratory infections  ENA Respiratory, a clinical-stage pharmaceutical company developing INNA-051, a first-in-class broad-spectrum antiviral innate immunomodulator for pre- and post-exposure prophylaxis of respiratory viral infections in populations at risk of […]
9 March 2022
Medical Research Commercialisation Fund (MRCF) renamed Brandon BioCatalyst
The Medical Research Commercialisation Fund (MRCF), Australia and New Zealand’s largest life science investment collaboration, has been renamed Brandon BioCatalyst. “The new name better captures the intent, energy and momentum of this truly unique collaboration, which is to leverage and coordinate Australia and New Zealand’s globally competitive biomedical capabilities to catalyse the next generation of […]
4 March 2022
Aravax Pty Ltd announces opening of IND for Phase 2 clinical trials of PVX108, a next-generation immunotherapy for the treatment of peanut allergy
Phase 2 study of PVX108 to commence in United States and Australia Dr Robert A. Wood, professor of pediatrics at the Johns Hopkins University School of Medicine, joins Scientific Advisory Board Aravax, a clinical stage biotechnology company focused on developing the first therapy for peanut allergy which is designed to be safe, effective and convenient, today announces that it has […]
23 February 2022
ENA Respiratory and the COPD Foundation Partner to Develop Pan-Antiviral Nasal Spray
INNA-051 is being developed to stimulate innate immunity and reduce the incidence and severity of respiratory viral infections, such as COVID-19, rhinovirus, or influenza in populations at-risk of complications that include individuals with COPD. ENA Respiratory, a clinical-stage pharmaceutical company developing INNA-051, a first-in-class broad-spectrum antiviral innate immunomodulator for pre- and post-exposure prophylaxis of respiratory […]
18 February 2022
PolyActiva Announces Positive Phase IIa Trial Results in Low Dose Cohort for PA5108 Ocular Implant with Prezia™ Sustained Drug Delivery Technology
Primary and Secondary Efficacy Endpoints Met, Demonstrating Statistically Significant Reduction in Intra-Ocular Pressure (IOP) for Patients with Glaucoma PolyActiva Pty Ltd, a clinical-stage Australian biopharmaceutical company focused on developing unique biodegradable ocular implants with sustained drug delivery for patients suffering from ophthalmic diseases such as glaucoma, today announced that the Phase IIa study of its PA5108 […]
17 January 2022
Clinical trial begins in the UK to investigate 3-in-1 high blood pressure pill
500 UK patients to be treated as part of global trial Investigational single-pill combination offers potential to substantially increase efficacy and improve adherence to treatment, while minimising side effects George Medicines, a late-stage drug development company focused on providing innovative and accessible medicines for the world’s leading causes of death, today announced that its proprietary […]

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