Regenerative medicine business Orthocell (ASX: OCC) has nailed down its first international regulatory approval for the group’s nerve repair product known as Remplir. The formal authorisation from the Health Sciences Authority in Singapore allows the company to begin sales in the nation and builds on its existing markets for the product in Australia and New
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Aspiring financial services provider ARC Funds (ASX:ARC) is set to get a lot more public exposure to new investors having acquired a 30% equity stake in ausbiz Capital, the venture launched by financial media company ausbiz Group – operator of the ausbiz news channel. This strategic partnership marks a significant development for ARC Funds as
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One month after making a substantial on-market purchase of shares, accomplished business leader Bruce Dixon has been appointed to the board of Apiam Animal Health (ASX: AHX), an appointment that may draw the attention of both institutional investors and private equity players alike. Dixon brings over 30 years of leadership experience, most notably as a
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Ambitious fund manager Income Asset Management (ASX: IAM) has flagged the prospect of positive cash flow thanks to a strategic partnership with Perpetual Corporate Trust, which will play a key role in helping IAM improve its underlying business. Like many smaller financial service businesses, IAM carries high regulatory and operational expenses which meant that even
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New research published from global financial technology company IG reveals positive sentiment from Australian investors following a 2-year pullback in investor confidence, catalysed by cost-of-living pressures that prompted many households to deplete their savings. IG’s latest survey, the second iteration of A Trader’s Position – reveals traders are optimistic in their outlook about the Australian
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In an attempt to grow their overall wellness business by diversifying their brands, Elixinol Wellness (ASX: EXL) will acquire The Healthy Chef, a premium wellness brand, in a deal expected to accelerate revenue growth and strengthen their position in the clean nutrition sector. The acquisition complements Elixinol’s existing portfolio and marks a significant step towards
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It’s not often thought about but as we get older, our verbal capabilities deteriorate with age and for some, this can have a drastic impact on their health when unable to communicate the state of their wellbeing. Such issues for those who are non-verbal due to neurodegenerative diseases, however, may soon be solved for those
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NobleOak Life (ASX: NOL) has acquired the trailing commissions and FiftyUp Club platform business from RevTech Media Pty Ltd, in a deal valued at $11 million. The acquisition strengthens NobleOak’s position in the Australian life insurance market by granting the Company access to a significant member base and eliminating ongoing commission payments. RevTech, a media
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Battling to keep the doors open at its flagship Noni B, Katies, Millers and Rivers stores, specialty fashion retail Mosaic Brands (ASX: MOZ) will shutter five of its brands in a drastic move to simplify its business and secure its financial future. All retail and online stores associated with Rockmans, Autograph, Crossroads, W.Lane, and BeMe will
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It may only be a matter of time until expectant mothers can monitor the heartbeats of their unborn child from home with medtech company HeraMed (ASX: HMD) pursuing regulatory reclassification to enable their HeraBEAT device to be reinstated for commercial distribution. HeraMED is advancing discussions with the Therapeutic Goods Administration (TGA) to reinstate its HeraBEAT
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