Press Releases

Distributed: Oct 11, 2011

Alerts Login

Share on StockTwits  
View in Other Languages 4102 2946 2657 2641 2548 

Sydney, Oct 11, 2011 (ABN Newswire) - Allied Healthcare Group (ASX:AHZ) says today that its investee company Coridon Pty Ltd has successfully completed pre-clinical efficacy testing of its prototype Herpes Simplex Virus 2 vaccine with outstanding results. Having achieved this milestone, Coridon has now secured additional funding from its major investor Allied Healthcare Group and plans to commence manufacturing and undertake formal pre-clinical safety studies before testing the vaccine in a Phase I clinical study.

Universal Biosensors, Inc. (ASX:UBI) has commenced a new research and development project for Cilag GmbH International to determine the feasibility of an innovative blood glucose product to be used in the field of diabetes. The feasibility project is expected to take approximately 12 months for which Universal Biosensors will receive US$4.5 million against a series of milestones.

Kalgoorlie Mining Company Limited (ASX:KMC) reports that recent drilling of the East Lode at the Bullant gold mine has intersected a spectacular high grade gold zone of 4.6m at 26.19g/t Au, representing the best drill assay result the Company has achieved at the Bullant gold project since its acquisition in April 2011. Drilling is currently continuing and further extensional drilling is planned. The Company expects to generate rapid shareholder wealth through development, production and exploration of the Bullant Gold Project.

Midas Resources Limited (ASX:MDS) will commence aircore drilling on a gold target south of the Intrepid Prospect at the Company's Lake Carey Project in Western Australia. The Intrepid prospect covers an area of widespread gold anomalism situated in the northwest part of the Lake Carey project. All necessary approvals have been obtained and drilling is to commence later this week.


Share on StockTwits  

Contact

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

  Related Companies

>>>       Allied Healthcare Group
>>>       Hammer Metals Limited
>>>       Kalgoorlie Mining Company Limited
>>>         Universal Biosensors Inc.

  Related Industry Topics:

Metals | Clinical Trials | Drugs & OTC | Financial General | Health & Pharm General | Mining | Australian Economy | Gold | Market Reports | 

  This Page Viewed:  (Last 7 Days: 31) (Last 30 Days: 146) (Since Published: 4102) 

41020 29460 26570 26410 25480  (14894)

   

  ABN Newswire on Social Media

Site Search

 
 ENGLISH   All Languages
Send A Press Release
Webcast Your Annual General Meeting

Mobile Video TV

qrcode
Scan with your Mobile Phone to view ABN Newswire Video Channel on Mobile