Patients suffering from axillary hyperhidrosis, a condition characterised by excessive sweating, may need to wait another 6 months for the treatment developed by dermatology company Botanix Pharmaceuticals (ASX: BOT) with US regulators not satisfied with the instructions provided alongside the treatment. The United States Food and Drug Administration (FDA) has issued a letter to Botanix,
Read More
Nutritional ingredients producer Clover Corporation (ASX: CLV) witnessed a slight surge in its FY23 revenue, even as it battled growing inflation and falling demand, especially from China’s dwindling birth rates which hit a record low last year. Clover achieved an increase in revenue, reaching $79.9 million in FY23, up from FY22’s $70.7 million. However, this
Read More
Sydney-based HR company focusing on wellness and mindfulness, Thrive Tribe Technologies (ASX: 1TT), has increased its shareholding in Daily Food, the brand behind Super Bites, the health snacks you might now find on Woolies’ shelves. Thrive Tribe has paid $132,000 to subscribe to additional shares to increase its shareholding from 37.5% to 54%. This boosted
Read More
Commercial lighting solutions company FOS Capital (ASX: FOS) is set to expand its portfolio inking an agreement to purchase KLIK Systems, a Sydney-based linear lighting manufacturer. The acquisition will be financed using FOS’s available cash reserves and debt facilities. The transaction is on track to conclude within a span of two weeks. The purchase price
Read More
Cloud-based workplace solutions provider Wrkr Ltd (ASX: WRK) has scored a significant deal to improve employer services for the Australian financial company Link Group. This includes helping with superannuation payments (clearing house) and employers’ process to contribute to superannuation (SuperStream Gateway), among other workplace compliance solutions. This contract builds upon a previous Master Services agreement
Read More
The 1.3 million residents of Timor-Leste will soon have much better access to technology with the the Government of Timor-Leste having engaged data centres company DXN (ASX: DXN) to supply and install a Cable Landing Station (CLS) as part of the Timor-Leste South Submarine Cable (TLSSC) project. The contract is valued at $2.1 million (66%
Read More
Known for its clinical expertise, infrastructure, high population density, and government support, South Korea has ascended to the pinnacle of global clinical study locations thus has been chosen by life science company Invion (ASX: IVX) as its next destination of exclusive territory in deploying Photosoft technology to treat all cancer types. Ranked second in hospital
Read More
When COVID was first introduced to the world, everyone wanted a slice of the hand sanitiser market but three years later, misleading claims by producers are being retrospectively called out by regulators, one of which has seen ASIC throw the book at biotech company Holista Colltech (ASX: HCT). After a long-running investigation and litigation which
Read More
Traditionally, underwriting for health insurance involves conducting blood tests and other examinations to understand how much insurers can afford. However, this process tends to be slow and costly, thus needing a better alternative. That’s where digital healthcare company Advanced Health Intelligence (ASX: AHI) comes in. The Company has entered a Letter of Intent (LOI) with
Read More
Workplace management solutions company Damstra Holdings (ASX: DTC) has signed a three-year agreement plus two one-year options with Aussie coal producer New Hope Corporation. The three-year agreement has an estimated contract value of $1.2 million. New Hope will implement the Company’s new Enterprise Protection Platform (EPP). The EPP will cover New Hope’s employees and contractors
Read More
