The 60 million individuals around the world who suffer from glaucoma could one day have a cure for the debilitating eye disease from NeuroScientific Biopharmaceuticals (ASX: NSB), with the company buoyed by initial results from their preclinical trials. The drug development company’s lead product, EmtinB – a therapeutic peptide which has had positive results for
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Their share price may suggest it to be a poorly kept secret, but Electro Optic Systems (ASX: EOS) has today announced the launch of a space communications business, an area which the company has spent more than $250 million researching over the past ten years. Key to their decision to spin out the new business,
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Food delivery service Marley Spoon (ASX: MMM) has received further commercial support, securing A$4m in funding from supermarket operator Woolworths (ASX: WOW). The subscription-based, meal-kit delivery service that currently operates throughout Australia, Europe, and the US delivers raw ingredients and cooking instructions to the door of their customers. The convenience of delivery and the variety
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Online sharemarket forum HotCopper (ASX: HOT) has made its first major corporate move in years, announcing the acquisition of Stockhouse Publishing, a Canada-based business which runs a similar sharemarket forum, but focused on North America markets. The purchase price of CAD $20 million (approx AUD $22m) will comprise of C$18m in cash and C$2m in
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After watching a replay of Swedish teen activist Greta Thunberg addressing the United Nations, an inspired Hugh Honey has shifted his entire portfolio towards clean energy, wholeheartedly backing the pintsized sensation. The move comes not long after purchasing a substantial amount of petrol in readiness for a Saudi oil crisis. Like others who were moved
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A saga between oil and gas explorer Gas2Grid (ASX: GGX) and the French Government has now been drawn out since 2013, prompting the company to instruct lawyers to launch legal action seeking $55 million in damages. Currently trading with a market cap of just $5 million, the claim, if successful, would be one of the
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