Living Cell shares rise as company completes first trial for Parkinson's treatment
By Fiona Rotherham Oct. 5 (BusinessDesk) - Shares of Australasian biotech company Living Cell Technologies rose 7.4 percent to 8.7 Australian cents on the ASX today after it announced the completion of the first stage of a clinical trial underway in Auckland of its planned tre...
Three DHBS lined up for New Zealand's largest ICT research project
By Fiona Rotherham Oct. 5 (BusinessDesk) - Precision Driven Health, New Zealand’s largest ICT research project, officially kicked off in Auckland today with the country’s largest district health board involved, while two other DHBs are poised to get involved in the public/priv...
First autonomous vehicle trial will get underway at Christchurch Airport next year
By Fiona Rotherham Oct. 4 (BusinessDesk) - Christchurch International Airport and Australian company HMI Technologies will undertake New Zealand's first trial of a fully autonomous electric vehicle early next year. The trials of French-based Navya’s Arma 15-person shuttle w...
China's RIFA signs takeover deed for aviation firm Airwork with major shareholder
By Fiona Rotherham Oct. 4 (BusinessDesk) - Chinese company Zhejiang Rifa Holding Group (RIFA) has entered a takeover lock-up deed with the major shareholders in specialist aviation company Airwork Holdings at $5.40 per share. Under the pre-bid deed, RIFA has agreed to make...
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