Shares in Botanix have dropped more than 40 per cent after the West Perth biotech announced a $45 million capital raising, but at a significant discount to its last traded price.
The WA company behind an imaging device which can reduce the number of repeat surgeries for breast cancer patients has received $27 million in a private funding round to support its push to US FDA approval.
Treatments from an innovative Perth healthcare company offering novel MDMA and psilocybin-assisted therapy for PTSD will be covered by insurance in three states, after it expanded an agreement with Medibank.
A plan to transition the operator of Mount Hospital to a not-for-profit has been backed by its receivers, in a move which would see 31 hospitals nationwide follow suit.
A company born out of UWA research and seeking to provide a circuit breaker to antimicrobial resistance will look to raise $28 million as it nears a crucial juncture of the preclinical stage.
Perth biotech PYC Therapeutics will go to market seeking $653 million to advance four of its treatments through early trial stages and towards their first transaction.The Nedlands-based ASX-list
WA's medicinal cannabis industry has notched another win for the week, with Zelira Therapeutics attaining $33 million in non-dilutive funding for its cannabis-based autism treatment.
Argent Biopharma has streamlined its asset acquisition of fellow WA cannabis player AusCann, while another Perth player has been subject to a reverse takeover.
Perth-based Argenica Therapeutics has partnered with an Oxford University AI spinout to evaluate the effectiveness of its flagship ARG-007 stroke drug, finding previously hidden impacts.
KPMG insolvency practitioners have been called in to take control of 54 pharmacies operated by a major Priceline franchisee, including four stores in Western Australia.
UPDATED: Outgoing Committee for Perth chief executive Paula Rogers has been appointed as the inaugural chair of a 12-member state government leadership group.
APM Human Services is set to assume control of collapsed NDIS services provider Therapy Focus, after creditors approved a proposal that ensures they are repaid in full.
APM Human Services has emerged as the front runner to pull Therapy Focus out of administration after the insolvency practitioners' sales campaign attracted 64 interested bidders.
The Bill and Melinda Gates-founded organisation's investment will go to The Kids Research Institute Australia and The University of Western Australia to accelerate research on malaria.
St John of God Health Care reported a net loss of $22.4 million for last financial year, a much-improved result generated off $2.2 billion of revenue weighed by private sector challenges.
APM Human Services has delivered its first set of financials as a private operator again, as the dust settles on the US-based Madison Dearborn Partners' $1.3 billion acquisition.
A Perth startup developing rapid tests which it says could detect antimicrobial resistance and find the best antibiotic for the patient's infection has received $1.3 million in pre-seed funding.
The state government will spend $1.5 billion to bring three public hospital projects into the system, including a move to purchase St John of God Mt Lawley for public use from next year.
Aged Care Minister Simon McGurk has claimed the federal government has withdrawn some data relating to the funding allocated to Western Australia's aged care system.
