HOME >> MEDICINE >> NEWS
New drug development facility helps move medicines to market

TetraQ, a preclinical contract research and development (R&D) facility providing services to the global pharmaceutical and biotechnology industries, was officially launched today by Minister for State Development, Employment and Industrial Relations, John Mickel.

The facility, which helps to move medicines out of the laboratory and into the market more quickly, provides expertise and support through preclinical trials of new drugs, which are required before human trials and subsequent release to the market.

Business Development Manager, Rose-marie Pennisi said TetraQ, which received $8.1 million from the Smart State Research Facility Fund in 2005, had now established its position in the market.

She said TetraQ had proven there was a demand for its services, with 150 R&D contracts now completed for 43 clients.

TetraQ has assisted Melbourne-based Metabolic Pharmaceuticals Limited with the preclinical development of a new pain killer made from venom of the Australian marine cone snail and Brisbane company Progen Industries Limited with a new cancer treatment that is now being tested in human trials in hospitals around the world.

"Australian biotech companies, universities, research institutes and the pharmaceutical industry now have access to a highly skilled commercial R&D service with a wealth of experience in the four core disciplines that are required in preclinical drug development," Ms Pennisi said.

The growth of TetraQ shows that the sector is keen to take advantage of the tailored solutions that we offer and keep their R&D dollars in Australia to contribute to the growth of the drug development industry on-shore.

"TetraQ now provides its services internationally and the global market will be a target for future growth. We are also collaborating with drug development companies in other countries to offer our clients access to services not available in Australia and vice versa."


'"/>

Contact: Marlene McKendry
61-440-199-6847
Research Australia
3-Jun-2007


Page: 1 2

Related medicine news :

1. Baby DVDs, videos may hinder, not help, infants language development
2. Millennium development goals: Are we on track?
3. Mid Sweden University leads development of digital color x-rays
4. NIH study tracks brain development in some 500 children across US
5. A first glimpse at healthy brain and behavioral development
6. Role of TRPM8 in the development of prostate cancer
7. SLEEP 2007 to present more than 1,100 new findings and developments on sleep disorders
8. Hebrew University research shows developmental problems for siblings of autistic children
9. New forecasting tool could reduce drug development costs
10. Pittsburgh ear study finds that fluid in the ear does not impair development in children
11. Over 200 million children under age 5 failing to reach their potential in cognitive development

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/13/2017)... ... , ... The American Board of Family Medicine's (ABFM) Board of Directors has ... succeeding Dr. James C. Puffer upon his retirement. Dr. Newton will serve in the ... at the end of 2018. Upon assuming the role of President and CEO on ...
(Date:10/13/2017)... ... 13, 2017 , ... Apple Rehab Shelton Lakes , which specializes in ... the facility as part of a disaster drill on October 3rd. , Apple Rehab ... City Emergency Manager, as well as the Connecticut Long Term Care Mutual Aid ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The ... the most popular and least understood books in the Holy Scriptures, Revelation. The Book ... have baffled scholars for centuries. Many have tossed it off as mere rubbish, but ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... services for healthcare compliance program management, will showcase a range of technology and ... for Assisted Living (NCAL) Convention and Expo to be held October 14–18, 2017 ...
(Date:10/12/2017)... ... October 12, 2017 , ... The American College of Medical ... Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual Symposium in Washington, D.C. ... honor of Morris F. Collen, a pioneer in the field of medical informatics, this ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... 28, 2017 Hill-Rom Holdings, Inc. (NYSE: HRC), ... call and webcast on Friday, November 3, 2017, beginning ... ending at approximately 8:30 a.m. (CDT) / 9:30 a.m. ... 2017 financial performance and guidance for 2018, Hill-Rom executives ... enhance operational performance, and long-range financial outlook through 2020. ...
(Date:9/27/2017)... MIAMI , Sept. 27, 2017  Commended for their ... recent notable awards. Ranked as number one in the South ... ninth time in Inc. 5000 yearly list, the national specialty ... CEO, Armando Bardisa will soon be honored by ... Set to receive his award ...
(Date:9/25/2017)... AMSTERDAM , Sept. 25, 2017   ... Trial Master File solutions, today—from the IQPC Trial ... Amsterdam , NL)—announced that EastHORN Clinical Services ... its clinical programs and TMF management. EastHORN, a ... Montrium,s eTMF platform to increase transparency to enable ...
Breaking Medicine Technology:
Cached News: