Freight forwarding company, Wiseway (ASX: WWG) is set to expand their international operations following the announcement that the company has been granted accreditation to export fruit directly to China. The news comes as the company signed an exclusive agreement with produce supplier and Chinese exporter, China Marketing Solutions. Export accreditation of the Melbourne and Sydney
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Australian pharmaceuticals manufacturer Medical Developments International (ASX: MVP) has secured approval from the Chinese National Medical Product Administration (NMPA) to commence bridging trials for Penthrox IND, their green whistle pain reliever. The approval is a major step towards commercialisation of the flagship non-opioid pain reliever in China. “The approval of the Penthrox IND by the
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Australian retailer Noni B (ASX: NBL) and Alceon Group have reached an agreement to purchase a 50.1% stake in EziBuy, a large multi-channel clothing and homewares retailer in New Zealand for an undisclosed “nominal” figure. The purchase will provide Noni B and Alceon with the majority stake in EziBuy which last year reported NZD $135m
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Technology modeled on Family Zone Cyber Safety (ASX: FZO) is set to reach the Indonesian market, following news that a free monitoring service based on the Australian tech company’s model will be launched by Indonesia’s largest cellular operator, Telkomsel. The technology branded ‘Telkomsel SAFE’, will be a free service which can be installed on a
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Medtech developer Visioneering Technologies (ASX: VTI) may soon have its NaturalVue Multifocal (NVMF) contact lenses re-classified by the FDA which has just approved the first contact lenses which slow the progression of nearsightedness. The FDA approval was given to CooperVision’s MiSight® 1 day contact lens which slows the progression of myopia specifically in children. The
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With Toronto, currently in the midst of a mini housing boom which has seen rises in house prices and an influx of commercial development, Australian tech company ServTech Global (ASX: SVT) is set to launch their virtual reality (VR) and augmented reality (AR) software in Canada. The expansion comes via a software distribution agreement with
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The XJO has been toying with potential resistance at the 6,750 – 6,775 level, after breaking the level on Friday. If the XJO can break this resistance convincingly, we should eventually see the XJO continue higher towards the all-time high level at 6,875, which should be the next resistance. If we fall through 6,750, the
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Medtech company HeraMED (ASX: HMD) has seen a major spike in investor confidence after securing clearance from the US Food and Drug Administration (FDA) for HeraBEAT US – their fetal ultrasonic heart monitor. Intended to detect, display and replay heart beats from as early as 12 weeks into pregnancy, the handheld device was developed in
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Australian-based Medical Cannabis producer and supplier, Althea Group (ASX: AGH), have announced this morning that their Bristol-based medical clinic site has secured a licence from a UK independent health and social care regulator. The news suggests that medical cannabis is becoming increasingly accepted in the UK as a treatment option for chronic health conditions. Wholly
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New Zealand financial services provider Turners Automotive Group (ASX/NZX: TRA) has partnered with Heartland Bank (ASX/NZX; HGH), securing a new distribution network which the auto insurers expects to generate an additional NZ $2m in revenue. Via the partnership, Heartland Bank will commence selling Turners’ Autosure products via their motor vehicle financing business, MARAC. “This is
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