Aussie biosensor company Universal Biosensors (ASX: UBI) has received the US FDA 510(k) and CLIA Waiver approval for its Xprecia Prime Coagulation Analyzer as a Class II device. Xprecia Prime is a portable coagulation monitoring device that provides fast and accurate PT/INR testing (measuring how long it takes for blood to clot) specifically for patients
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Perth-based telco company Pentanet Limited (ASX: 5GG) has collaborated with NVIDIA to upgrade its cloud infrastructure. Integrating NVIDIA L40 GPUs into Pentanet’s Gen 3 cloud infrastructure has enabled the company to join NVIDIA’s Graphics Delivery Network (GDN), extending its reach to over 130 countries. The move to join NVIDIA GDN signifies Pentanet’s intention to broaden
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In their attempt to provide men with alternative treatments for Erectile Dysfunction (ED), LTR Pharma (ASX: LTP) has commenced dosing its first cohort of human patients with their SPONTAN nasal spray. Erectile Dysfunction affects millions of men globally, hampering individuals’ ability to achieve or maintain an erection suitable for sexual intercourse, leading to relationship strains
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The increasing global smart building market is driven by energy efficiency and sustainability goals, internet of things (IoT) proliferation during the forecast period 2024-2028 amid rising cost for energy and resources. According to TechSci Research report, “Global Smart Building Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, The Global Smart Building Market is in the
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In July last year, Australia became the first country to legalise ecstasy (MDMA) and magic mushrooms (psilocybin) for mental health disorders, including PTSD and depression. A bold move, it spurred medical businesses into action, seeking the proper approvals and getting the early advantage. At the same time, not all medical professionals were so thrilled, citing
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While facial recognition continues to fall in and out of favour with the everyday Aussie, measuring privacy concerns against functionalities, AI product developers like dorsaVi (ASX: DVL) have carried on, creating niche AI products that could be worth their salt. The Company, which develops FDA-approved wearable sensors and specialises in human movement analytics, has integrated
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Affordable accommodation developer Eureka Group (ASX: EGH) is not pleased with peer Aspen Group’s (ASX: APZ) bid to acquire the Company, dismissing the proposal as undervalued after Aspen’s offer aimed to merge the two entities into its $500 million property conglomerate. This follows a review by the Eureka Board of Aspen’s Bidder’s Statement, filed on
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After having its contract with Google terminated, artificial intelligence company Appen (ASX: APX) has been kicked while down after getting trapped between rock and hard place, with leading data company Innodata to withdraw its takeover bid, citing a confidentiality breach. On March 12, 2024, Appen received a letter from the ASX inquiring about its price
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Battling erratic supply, lost sales and high costs from manufacturers, health and wellness food company Forbidden Foods (ASX: FFF), known for its protein bars, has had to change tact to reduce losses. The Melbourne-based company has signed a non-exclusive agreement with Edenvale Foods to manufacture its Blue Dinosaur snack bars and support the development of
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The Global Offshore Autonomous Underwater Vehicle Market is being driven by the growing need for underwater exploration and surveillance in the offshore oil and gas sector, supported by technological advancements that enhance operational efficiency and safety. According to TechSci Research report, “Global Offshore Autonomous Underwater Vehicle Market – Industry Size, Share, Trends, Competition Forecast & Opportunities,
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