The commercialisation of osteoarthritis treatment ZILOSUL® has hit a hiccup in the United States with the US Food and Drug Administration (FDA) raising fresh questions to late-stage drug development company, Paradigm Biopharmaceuticals (ASX: PAR). The FDA response related to Paradigm’s application for Investigational New Drug status to be granted for their focus compound, Pentosan Polysulfate
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Zip Co’s (ASX: Z1P) global expansion plans are being realised with the Company today announcing the next steps for their push into overseas markets through the outright acquisitions of European BNPL provider Twisto Payments, and UAE-based BNPL leader Spotii Holdings. The move aligns with Zip’s strategic acquisitions plan. Both companies have been integrated into Zip’s
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Australia’s largest commercial provider of animal nutrition solutions, Ridley Corporation (ASX: RIC) has today announced the sale of their Tasmania extrusion and feed production facility. The sale of the facility to Skretting Australia will put $54.85 million into Ridley’s pocket and is expected to be finalised in the first half of FY22. The Company cites
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Despite a decline in sales among larger Australian dairy product manufacturers, the smaller guys are still kicking strong as evidenced by Keytone Dairy (ASX: KTD) tripling its exports to China since the start of 2021. Orders have been particularly strong from Walmart China and Sam’s Club China with bulk buying of particular attraction to Chinese
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Just two months after raising $15 million via their IPO, tech company Airtasker (ASX: ART) has returned to the market seeking to raise another $20 million to fund plans to expand into the United States. The expansion will be facilitated by Airtasker’s acquisition of services marketplace Zaarly and its 597,000 registered users and 900+ service
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Contrary to popular belief, the Kiwis do not only eat ‘fush and chups’. Just like us Aussies, our neighbours do in fact eat a wide and varied diet not dissimilar to ours. My Food Bag (ASX: MFB) is one company delivering fresh ingredients across New Zealand in the form of meal kits. The Company has
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