Anteris Technologies
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Anteris Technologies
Anteris Technologies Limited is an Australian biotechnology company. History Anteris originates from the merger of Allied Medical and BioMD. Allied Medical was a company spun out of mining company Fortescue Metals Group in 2005 which focused on selling medical equipment such as catheters. It entered the biotechnology space in July 2010 when it purchased a 38.6 per cent stake in Brisbane-based Coridon for A$3 million. By February 2011, its stake increased to 55 per cent. In February 2011, Allied Medical agreed to a reverse takeover deal with BioMD, a listed biotech company. The takeover was completed in June 2011 resulting in the combined company, Allied Healthcare Group, listing on the Australian Securities Exchange (ASX). In September 2012, Allied raised $10.4 million to launch CardioCel across Europe. In November 2013, Allied Healthcare changed its name to ''Admedus''. In December 2013, Admedus purchased a manufacturing site in Malaga to scale-up production of CardioCel ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Toowong
Toowong ( ) is a riverside Suburbs and localities (Australia), suburb in the City of Brisbane, Queensland, Australia. In the , Toowong had a population of 12,556 people with a median weekly household income of $1,927. Geography Toowong is situated between Mount Coot-tha, Queensland, Mount Coot-tha and the Brisbane River and is made up of rolling hills with little flat land. Since European settlement most of the land has been cleared for residential and commercial use with the exception of some park land and bushland near the Western Freeway, Brisbane, Western Freeway. At the centre of Toowong is a commercial precinct including Toowong Village, and several other commercial and office buildings. The western side of the suburb is predominantly residential with a mix of medium density dwellings and detached Queenslander (architecture), Queenslander houses, extending to the foothills of Mount Coot-tha. Toowong borders the Brisbane River. Along the riverside are a number of tran ...
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Fortescue Metals Group
Fortescue is a global metal mining company headquartered in Australia. Fortescue focused on iron ore mining under the name of Fortescue Metals Group (FMG) until July 2023. As of 2017, Fortescue is the fourth-largest iron ore producer in the world. The company has holdings of more than in the Pilbara region of Western Australia, making it the largest tenement holder in the state, larger than both BHP and Rio Tinto. Governance Andrew Forrest is Executive Chairman and owns a third of the company. Dino Otranto is the CEO of Fortescue's Metals division (Aug 2023–), and Mark Hutchinson is the CEO of the Energy division. Former Chief Executive Elizabeth Gaines is now global brand ambassador. Mining projects The group has two main areas of operation located within the Pilbara region of Western Australia, the Chichester Hub and Solomon Hub. Plans to develop a third, Western Hub were as of 2017 in developmental stage. In 2017 Fortescue started exploration of possible mining ten ...
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Catheter
In medicine, a catheter ( ) is a thin tubing (material), tube made from medical grade materials serving a broad range of functions. Catheters are medical devices that can be inserted in the body to treat diseases or perform a surgical procedure. Catheters are manufactured for specific applications, such as cardiovascular, urological, gastrointestinal, neurovascular and ophthalmic procedures. The process of inserting a catheter is called ''catheterization''. In most uses, a catheter is a thin, flexible tube (''soft'' catheter) though catheters are available in varying levels of stiffness depending on the application. A catheter left inside the body, either temporarily or permanently, may be referred to as an "indwelling catheter" (for example, a peripherally inserted central catheter). A permanently inserted catheter may be referred to as a "permcath" (originally a trademark). Catheters can be inserted into a body cavity, duct, or vessel, brain, skin or adipose tissue. Functional ...
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Brisbane
Brisbane ( ; ) is the List of Australian capital cities, capital and largest city of the States and territories of Australia, state of Queensland and the list of cities in Australia by population, third-most populous city in Australia, with a population of approximately 2.8 million. Brisbane lies at the centre of South East Queensland, an urban agglomeration with a population of over 4 million. The Brisbane central business district, central business district is situated within a peninsula of the Brisbane River about from its mouth at Moreton Bay. Brisbane's metropolitan area sprawls over the hilly floodplain of the Brisbane River Valley between Moreton Bay and the Taylor Range, Taylor and D'Aguilar Range, D'Aguilar mountain ranges, encompassing several local government in Australia, local government areas, most centrally the City of Brisbane. The demonym of Brisbane is ''Brisbanite''. The Moreton Bay penal settlement was founded in 1824 at Redcliffe, Queensland, Redcliff ...
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Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of a private company purchase control of a public shell company/ SPAC, and then merge it with the private company. The publicly traded corporation is called a "shell," since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ...
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Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and a ...
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Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, the Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 10^12, billion and a market capitalisation of around A$1.6 10^18, trillion, making it one of the List of stock exchanges, world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system fac ...
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Malaga, Western Australia
Malaga () is a suburb of Perth, Western Australia, approximately north of the CBD, in the City of Swan. Early real estate development occurred in the decade before the first world war. Etymology The suburb is thought to be named after either the Spanish city of Málaga, or the Aboriginal word ''malaga'', which means "ironstone". The name was approved in 1969. Demographics Malaga is an industrial precinct. Currently there are 2409 businesses with a workforce of over 12,000 people. The 2006 census listed only 28 people living in the suburb. Significant facilities The suburb contains a Transperth bus depot operated by Path Transit. Transport Bus * 351 Ballajura Station to Galleria Bus Station – serves Marshall Road and Malaga Drive * 360 Alexander Heights Shopping Centre to Perth Busport (limited stops) – serves Alexander Drive * 361 Alexander Heights Shopping Centre to Galleria Bus Station – serves Illawarra Crescent and Alexander Drive * 362 Ballajura Statio ...
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LeMaitre Vascular
LeMaitre Vascular is an American medical device company established in 1986 by vascular surgeon George D. LeMaitre, and based in Burlington, Massachusetts,Joyce Pellino Crane, "Surgeon's idea and persistence gave rise to $30.5m company", ''The Boston Globe'' (November 17, 2005), p. NW-8. which provides devices, implants and human tissue cryopreservation services used by surgeons in the treatment of vascular conditions, particularly peripheral vascular disease."LeMaitre Vascular distribution deal ends", ''The Boston Globe'' (July 20, 2011), p. B8. , LeMaitre Vascular sells directly to hospitals in 25 countries and through distributors in more than 70 countries throughout North America, Europe and Asia/Pacific Rim. History Origin The company's founder, George D. LeMaitre, M.D., was a practicing vascular surgeon in Massachusetts, chief of surgery at Lawrence General Hospital,Robert Reed, "Doctor who?", ''The Franklin Daily Journal'' (August 16, 1979), p. 4.Bill Dalton and Katharine ...
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Biotechnology Companies Of Australia
Biotechnology is a multidisciplinary field that involves the integration of natural sciences and engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists in the field are known as biotechnologists. The term ''biotechnology'' was first used by Károly Ereky in 1919 to refer to the production of products from raw materials with the aid of living organisms. The core principle of biotechnology involves harnessing biological systems and organisms, such as bacteria, yeast, and plants, to perform specific tasks or produce valuable substances. Biotechnology had a significant impact on many areas of society, from medicine to agriculture to environmental science. One of the key techniques used in biotechnology is genetic engineering, which allows scientists to modify the genetic makeup of organisms to achieve desired outcomes. This can involve inserting genes from one organism into another, and consequently, create n ...
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Companies Based In Brisbane
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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