IDT explains mRNA vaccine related share price rise

Comment by Peter Roberts Melbourne drug development and manufacturing company IDT Australia has again been asked by the stock exchange to explain a totally understandable surge in its share price in recent times. The background to this begins with the Australian government’s approach to market to ascertain potential sites where mRNA vaccine production could take…

Manufacturing news briefs – stories you might have missed

LGP to enter psychedelics market Cannabis producer Little Green Pharma has been granted a Schedule 9 licence by the Western Australian Department of Health to supply the psychedelic psilocybin to treat mental illness. LGB has established a special purpose subsidiary for psychedelic business which is planning to manufacture psilocybin in WA and conduct clinical trials.…

AML3 breakthrough in aluminium welding

Additive manufacturing technology group AML3D today reported ‘ongoing success of its industry scale welding trials using innovative new (aluminium) alloy compositions’. The company said its project with Deakin University’s Institute for Frontier Materials developing new high strength aluminium-scandium welding wire for use in its wire arc additive manufacturing (WAM) process was progressing strongly. According to…

Audit office to probe Entrepreneurs’ Programme contracts

By Denham Sadler The national audit office will probe the federal government’s flagship industry program, with an inquiry launched into the $140 million in contracts dished out to the delivery partners of the Entrepreneurs’ Programme. The Australian National Audit Office (ANAO) has commenced an audit into the procurement of delivery partners for the Entrepreneurs’ Programme,…