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:10/12/2017)... ... 2017 , ... First Healthcare Compliance (FHC), an industry leader ... range of technology and learning solutions at the 68th Annual American Healthcare Association ... held October 14–18, 2017 at the Mandalay Bay Resort in Las Vegas, Nevada. ...
(Date:10/12/2017)... Wis. (PRWEB) , ... October 12, 2017 , ... ... standard products to meet the demand of today’s consumer and regulatory authorities worldwide. ... of probiotic experts and tested to meet the highest standard. , These ...
(Date:10/12/2017)... ... October 12, 2017 , ... Asante, a nationally ... care, have expanded their existing home health joint venture through an agreement, effective ... operating a joint venture home health company with Asante, delivering clinically integrated care, ...
(Date:10/12/2017)... ... 2017 , ... HMP , a leader in healthcare events and education, today ... Digital Award for ‘Best B-to-B Healthcare Website.’ Winners were announced during the Eddie & ... award competition recognizes editorial and design excellence across a range of sectors. This year’s ...
(Date:10/12/2017)... ... October 12, 2017 , ... Women-owned and ... 2017 Best and Brightest in Wellness® by Best and Brightest. OnSite Wellness will ... Friday, Oct. 20 from 7:30 a.m. to 2 p.m. at the Henry Autograph ...
Breaking Medicine News(10 mins):
(Date:9/23/2017)... HORSHAM, Pa. , Sept. 22, 2017 ... received a complete response letter from the U.S. Food ... (BLA) seeking approval of sirukumab for the treatment of ... response letter indicates additional clinical data are needed to ... of moderately to severely active RA. ...
(Date:9/19/2017)... a venture-backed medical device company developing a non-invasive, robotically assisted, platform therapy that uses pulsed ...   ... Jim Bertolina, ... Tom Tefft ... medical device executive Josh Stopek , PhD, who has led R&D and business development ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
Breaking Medicine Technology:
Cached News: