PharmAust specialises in the relaunch of existing marketed products for oncology applications making the whole development, regulatory and commercialisation process much faster. In addition, PharmAust's other wholly owned subsidiary, Epichem Pty Ltd generates sales of around $1.7M per annum from contract sales to the pharmaceutical industry of synthetic drugs.
PharmAust Limited (ASX:PAA) is pleased to announce that further to its approval from the Department of Primary Industries to amend the current canine trial protocol for the treatment of cancer in dogs, the first dog treated under the new protocol has demonstrated approximately a 40% reduction in tumour marker p70S6K after only three days of treatment.
ADX Energy Ltd (ASX:ADX) is pleased to announce a Sale and Purchase Agreement has been executed to buy back a further 10% interest in the Lambouka Prospect Area in the Kerkouane Permit from PharmAust Limited (ASX:PAA) and to cancel the option of PAA to purchase an interest in that part of the Lambouka prospect that extends into Italian waters.
Australian Market Report of February 10, 2011 includes: Calzada (ASX:CZD) announced positive results in human stem cell study for bone growth; PharmAust Limited (ASX:PAA) is to acquire a European high grade precious and base metal project; Northern Star Resources (ASX:NST) announced strong gold production results in Western Australia; Latin Resources Limited (ASX:LRS) is to acquire 14,068 hectares of world class Iron and Heavy Mineral Sands tenements in Peru.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that it has completed an initial evaluation of the Lambouka-1 well results and has generated a preliminary resource estimate for the Lambouka gas discovery.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on activities during past week.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that the participants have agreed to the Operators proposal to suspend the Lambouka -1 discovery in a manner that is suitable for the future re-entry of the well.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce hydrocarbon bearing zones have been discovered in the Lambouka-1 well. Drilling and wire line logging operations on the well have now been concluded, having reached a total measured depth of 2,786 meters.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on activities during past week.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time (GMT) on the 29th of August were at a measured depth of 2,691 m.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time on the 26th of August were drilling ahead at a measured depth of 2,511m. Since the last operations report earlier this week, the Abiod Formation limestones which are the primary target for the Lambouka well have been encountered. The Abiod intersection was associated with some losses of circulation fluids, an increase in background gas shows and an anomalously high resistivity on the Measurement While Drilling (MWD) electric logs.
