Asian stocks up strongly following positive lead from Wall Street.
The Australian stock market finished the week up one percent, although thin trade volumes today suggested that investors were exercising caution amid ongoing global uncertainty.
2010 is set to be a big year for the Australian biotechnology industry. Here are some of the companies to watch over the next 12 months.
It’s not just the Big Three – CSL,ResMed and Cochlear – with high hopes for 2010. Many other Australian biotechnology companies are either in the final stages of trials and are close to gaining regulatory approval, or they are in the initial stages of commercialising their products, with several forming strategic partnerships to expand into new and lucrative overseas markets.
With the worst of the GFC behind us, 2010 will be a year of consolidation, growth and maximising opportunities for the biotech industry.
If you excuse the mixed metaphor, there is light at the end of the tunnel, but we’re not out of the woods yet. That appears to be the sentiment amongst the Australian biotechnology community in the opening months of 2010.
ChemGenex, Ramsay Health Care, Mesoblast, Biota, Sonic Health Care, CSL
ChemGenex, Ramsay Health Care, Mesoblast, Biota, Sonic Health Care, CSL
Cochlear, CSL, Blackmores, Ansell, Biota, HealthScope
Cochlear, CSL, Blackmores, Ansell, Biota, HealthScope
Biota, Primary Health Care, ResMed, Acrux, Ansell
Biota, Primary Health Care, ResMed, Acrux, Ansell
Sirtex, QRxPharma, Biota, Ramsay Health Care, ResMed, CSL
Sirtex, QRxPharma, Biota, Ramsay Health Care, ResMed, CSL
Ramsay, Cochlear, pSivida, Ansell, Biota
Ramsay, Cochlear, pSivida, Ansell, Biota
ResMed, Ramsay, Biota, Sonic, Healthscope
ResMed, Ramsay, Biota, Sonic, Healthscope
Ansell, CathRX, CSL, Primary Health Care, Sirtex, Living Cell Technologies, Biota, Cochlear
Ansell, CathRX, CSL, Primary Health Care, Sirtex, Living Cell Technologies, Biota, Cochlear
Cochlear, Ramsay, ResMed, Biota, Ansell
Cochlear, Ramsay, ResMed, Biota, Ansell
Biota, CSL, Hexima, Alchemia, Mesoblast
Biota, CSL, Hexima, Alchemia, Mesoblast
Biota, Circadian, Clinuvel, Cochlear, Pharmaxis, Diversa
Biota, Circadian, Clinuvel, Cochlear, Pharmaxis, Diversa
Neuren, ChemGenex, Novogen, Biota, Alchemia, Impedimed, Sirtex
Neuren, ChemGenex, Novogen, Biota, Alchemia, Impedimed, Sirtex
Pharmaxis, Mesoblast, CathRx, Fluorotechnics, Sonic, Avita, Biota
Pharmaxis, Mesoblast, CathRx, Fluorotechnics, Sonic, Avita, Biota
