• Brisbane-based biotech Vaxxas is working on needles-free vaccine
  • The Nanopatch is said to be a “game changer”
  • We look at the best and worst performing ASX biotechs over the past month

 

The world is one step closer to having a needle-free vaccine as Brisbane-based Vaxxas announced that it’s only three to five years away from releasing the product to the market.

Instead of syringes and needles, Vaxxas is working on a new, less invasive vaccine delivery technology that involves using patches called the Nanopatch.

The patch works by using thousands of tiny projections to deliver the vaccine just underneath the skin’s surface.

 

Source: ANFF-Q

 

The small plastic patch is about 9 millimetres in diameter, and on the surface contains between 1,200 and 3,000 tiny nano-scale projections which feel like a nail file when you touch them.

They’re so small that one would need a scanning electron microscope to even look at the surface of the patch.

Those minuscule projections are coated with the vaccine, which then pierce the surface of the skin when applied for 10 seconds.

“It feels kind of like if you flick your arm with your nail,” Vaxxas’ head of medical device Michael Junger told ABC Radio Brisbane.

 

A “game changer”

The technology has been used in other applications before like migraines, but it’s the first time it will be used to deliver a vaccine.

At the moment, Vaxxas said the plan is to use the technology to deliver vaccines for influenza, measles rubella, polio, and even COVID-19.

The company is racing to complete various clinical studies, with funding partly provided by the Gates Foundation.

Vaxxas has also just opened its custom-built, 5,500 square metre facility in Brisbane’s riverside suburb of Hamilton on Monday.

Backed by the Queensland government, the facility includes sterile clean rooms for manufacturing the vaccine patches, as well as laboratories and office space.

Deputy QLD Premier Steven Miles said the facility was  a “game changer”.

“It’s testament to what’s possible here in Queensland now that we are truly a global biomedical hub,” Miles said.

“Next time there’s a pandemic, we’ll have access to vaccines first here locally.”

 

Best and worst performing ASX biotechs over the past month

CODE COMPANY PRICE 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % MARKET CAP
VHT Volpara Health Tech 0.74 33.33 -2.00 36.11 53.13 $189,496,939
ONE Oneview Healthcare 0.30 30.43 30.43 150.00 130.77 $162,707,487
MXC Mgc Pharmaceuticals 0.01 26.19 -14.29 -45.45 -70.00 $20,098,158
AGH Althea Group 0.04 21.43 -8.33 -30.16 -36.23 $16,457,949
HXL Hexima 0.02 18.75 72.73 0.00 -93.67 $3,340,793
RSH Respiri Limited 0.04 14.00 -2.63 -15.91 8.82 $31,199,745
TLX Telix Pharmaceutical 11.60 12.84 1.22 64.31 185.71 $3,647,206,159
RCE Recce Pharmaceutical 0.64 12.28 4.92 -1.54 8.47 $106,952,586
AVE Avecho Biotech Ltd 0.01 12.24 10.00 -45.00 -57.69 $11,891,875
SOM SomnoMed Limited 1.00 11.73 11.11 -23.08 -18.70 $82,759,315
SDI SDI Limited 0.82 10.08 4.46 -6.82 2.50 $97,469,735
AHC Austco Healthcare 0.17 10.00 47.83 54.55 82.80 $50,888,279
ATX Amplia Therapeutics 0.09 9.76 5.88 2.27 -5.26 $16,102,459
PYC PYC Therapeutics 0.05 9.38 -6.09 -16.92 -23.94 $187,907,692
MEB Medibio Limited 0.00 8.70 0.00 -50.00 -66.67 $4,314,594
UBI Universal Biosensors 0.22 7.02 -6.52 -5.49 -36.76 $45,659,429
GSS Genetic Signatures 0.50 5.78 -24.81 -44.44 -52.15 $71,702,998
JTL Jayex Technology Ltd 0.01 4.65 -25.00 -30.77 28.57 $2,531,507
OIL Optiscan Imaging 0.08 4.55 -13.82 -26.13 -32.56 $48,844,037
LDX Lumos Diagnostics 0.01 4.30 -20.00 -74.47 -91.72 $3,713,041
MDC Medlab Clinical Ltd 6.60 4.00 0.00 -4.35 -20.00 $15,071,113
ATH Alterity Therap Ltd 0.01 3.45 -14.29 -33.33 -62.50 $14,639,386
ALC Alcidion Group Ltd 0.10 2.91 -7.62 -35.33 -11.82 $121,734,629
OPT Opthea Limited 0.56 2.44 -17.65 -36.36 -46.15 $261,609,283
CAJ Capitol Health 0.28 1.82 -6.67 -12.50 0.00 $297,786,311
PBP Probiotec Limited 2.66 1.14 3.50 23.15 18.22 $215,507,026
CGS Cogstate Ltd 1.73 0.58 7.45 -6.23 9.84 $303,046,590
PIQ Proteomics Int Lab 0.92 0.44 -7.58 5.78 11.59 $111,300,673
ZLD Zelira Therapeutics 1.52 0.00 67.03 40.74 52.00 $17,247,676
ADO Anteotech Ltd 0.05 0.00 32.35 -25.00 -36.62 $88,147,357
VLS Vita Life Sciences.. 1.79 0.00 15.16 25.26 -4.29 $94,150,798
CU6 Clarity Pharma 0.75 0.00 7.91 -21.88 72.41 $137,659,976
M7T Mach7 Tech Limited 0.55 0.00 2.83 -2.68 9.00 $130,630,713
BDX Bcaldiagnostics 0.09 0.00 1.12 50.00 26.76 $12,248,524
ALT Analytica Limited 0.00 0.00 0.00 0.00 0.00 $4,613,801
ADR Adherium Ltd 0.00 0.00 0.00 -25.00 -62.50 $14,989,315
IRX Inhalerx Limited 0.05 0.00 0.00 -22.41 -41.56 $8,539,513
ICS ICSGlobal Limited 0.58 0.00 0.00 0.00 0.00 $6,054,605
MVF Monash IVF Group Ltd 1.15 0.00 -1.72 16.84 24.46 $444,183,718
NYR Nyrada Inc. 0.08 0.00 -4.82 -45.52 -43.57 $12,324,687
RNO Rhinomed Ltd 0.07 0.00 -12.50 -36.36 -48.15 $20,000,379
CTE Cryosite Limited 0.63 0.00 -14.86 -5.26 -7.35 $30,750,025
RHY Rhythm Biosciences 0.44 0.00 -16.35 -58.17 -58.57 $101,104,591
BNO Bionomics Limited 0.02 0.00 -17.39 -57.78 -65.45 $27,905,973
MEM Memphasys Ltd 0.02 0.00 -19.05 41.67 -49.09 $16,311,846
RAC Race Oncology Ltd 1.35 0.00 -23.30 -35.41 -11.48 $225,850,260
ACW Actinogen Medical 0.05 0.00 -23.33 -51.58 -9.80 $83,547,599
NTI Neurotech Intl 0.04 0.00 -24.00 -45.71 -30.91 $33,208,560
IVX Invion Ltd 0.01 0.00 -28.57 -44.44 -37.50 $32,108,161
ME1 Melodiol Glb Health 0.01 0.00 -50.00 -65.00 -82.93 $18,628,676
MVP Medical Developments 0.75 -0.66 -3.85 -50.82 -54.64 $65,591,933
AMT Allegra Orthopaedics 0.07 -1.43 -1.43 -34.29 -61.67 $7,207,685
ILA Island Pharma 0.13 -1.82 8.33 -23.53 8.33 $10,564,901
HCT Holista CollTech Ltd 0.01 -1.91 7.69 -50.00 -58.82 $4,182,001
CYC Cyclopharm Limited 2.02 -2.00 -5.61 55.38 92.38 $180,088,946
1ST 1St Group Ltd 0.01 -2.13 25.00 -44.44 0.00 $7,084,956
MDR Medadvisor Limited 0.23 -2.17 4.55 2.22 64.29 $125,340,664
AC8 Auscann Grp Hlgs Ltd 0.04 -2.22 0.00 0.00 -9.09 $17,621,884
OVN Oventus Medical Ltd 0.02 -2.38 0.00 0.00 0.00 $4,834,531
RHT Resonance Health 0.04 -2.56 -9.52 -25.49 -33.33 $17,512,375
ARX Aroa Biosurgery 0.90 -2.60 -6.25 -16.67 30.43 $305,367,427
PAA Pharmaust Limited 0.07 -2.61 -14.46 5.97 -11.25 $25,018,196
OCC Orthocell Limited 0.35 -2.82 -2.82 -12.66 7.81 $68,069,559
IMM Immutep Ltd 0.29 -3.13 -15.84 -3.42 -4.98 $336,347,337
NEU Neuren Pharmaceut. 12.47 -3.26 -12.92 67.38 255.27 $1,579,539,636
PNV Polynovo Limited 1.54 -3.85 9.61 -19.37 15.36 $1,080,214,255
BWX BWX Limited 0.20 -3.85 0.00 -68.25 -82.60 $39,997,500
LBT LBT Innovations 0.03 -4.00 -18.42 -38.00 -58.67 $10,373,870
RAD Radiopharm 0.12 -4.00 -27.27 14.29 -22.42 $29,914,130
PTX Prescient Ltd 0.08 -4.44 -9.89 -34.40 -51.76 $68,447,932
TRU Truscreen 0.03 -4.59 -10.71 -34.21 -43.18 $10,416,050
VTI Vision Tech Inc 0.29 -5.00 32.56 -32.14 14.00 $9,039,407
BOT Botanix Pharma Ltd 0.11 -5.26 30.95 96.43 80.33 $144,279,808
EYE Nova EYE Medical Ltd 0.27 -5.26 22.73 -12.90 45.95 $50,436,892
NXS Next Science Limited 0.53 -5.26 -0.93 -24.29 -26.39 $113,838,771
CDX Cardiex Limited 0.18 -5.56 -23.40 -48.57 -45.45 $25,823,794
RAD Radiopharm 0.12 -5.56 -27.27 14.29 -22.42 $29,914,130
PAB Patrys Limited 0.01 -6.03 -8.33 -60.71 -47.62 $22,629,952
ACR Acrux Limited 0.05 -6.12 -8.00 -36.11 -28.13 $13,544,246
PGC Paragon Care Limited 0.23 -6.12 -8.00 -31.34 -25.81 $154,946,293
CHM Chimeric Therapeutic 0.04 -6.17 -7.69 -55.56 -60.44 $16,172,492
MX1 Micro-X Limited 0.11 -6.58 22.09 -22.22 -16.00 $56,580,198
DXB Dimerix Ltd 0.06 -6.67 -16.44 -57.19 -55.66 $22,881,566
TRP Tissue Repair 0.28 -6.78 1.85 27.91 14.58 $12,864,598
CMP Compumedics Limited 0.19 -7.50 23.33 -2.63 15.63 $32,775,145
EXL Elixinol Wellness 0.01 -7.69 -17.65 -40.43 -44.00 $5,940,888
BXN Bioxyne Ltd 0.02 -8.00 -8.00 -14.81 76.92 $43,737,844
AHK Ark Mines Limited 0.33 -8.33 6.45 65.00 26.92 $11,421,334
PXS Pharmaxis Ltd 0.05 -9.43 -12.73 -18.64 -35.14 $33,100,878
CAN Cann Group Ltd 0.13 -9.99 -30.00 -40.00 -53.33 $48,518,108
NC6 Nanollose Limited 0.05 -10.23 10.42 -11.67 -18.46 $7,890,978
PSQ Pacific Smiles Grp 1.35 -10.66 4.25 -14.29 -21.51 $218,627,255
TD1 Tali Digital Limited 0.00 -11.43 -25.00 -25.00 -74.28 $4,942,733
EZZ EZZ Life Science 0.55 -12.50 11.22 32.93 81.67 $22,847,175
IPD Impedimed Limited 0.16 -16.67 14.81 84.52 127.94 $300,861,957
NOX Noxopharm Limited 0.06 -17.92 22.45 -61.29 -71.43 $16,949,801
GLH Global Health Ltd 0.13 -22.22 -27.78 -42.22 -50.00 $7,540,440
TSN The Sust Nutri Grp 0.01 -25.00 -50.00 -95.71 -95.71 $985,340
BP8 Bph Global Ltd 0.00 -42.86 -50.00 -84.81 -84.81 $2,569,460
RGS Regeneus Ltd 0.01 -54.55 -54.55 -89.58 -90.57 $1,838,621
AN1 Anagenics Limited 0.02 -100.00 -22.73 -31.35 -33.99 $6,581,159
HGV Hygrovest Limited 0.05 -13.79 -28.57 -21.88 $11,727,653
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Volpara Health (ASX:VHT)

Volpara shares rose after signing a five-year SaaS contract with BreastScreen Victoria.

The contract is worth $1.4m in Total Contract Value (TCV), and includes Volpara Analytics, artificial intelligence (AI) quality software that assesses mammogram image for appropriate positioning, compression, and radiation dose.

BreastScreen Victoria is a public-screening programme in that diagnoses 37% of all breast cancers in Victoria.

 

Oneview Healthcare (ASX:ONE)

Oneview rose as it entered into a reselling agreement with NYSE-listed Baxter International, one of the leading care communications providers in the world.

Under the deal, Baxter will resell Oneview’s Care Experience Platform (CXP) in the US market, including the CXP Cloud Enterprise.

Oneview had earlier advised the market that it was in advanced stages of signing an agreement with a major North American supplier of equipment to hospitals, which if signed may lead to additional sales of 3,000 to 5,000 beds per annum.

ONE says the deal with Baxter today is the agreement to which that update referred, and is considered material in the context of Oneview’s currently contracted book of approximately 15,000 beds.

 

Respiri Health (ASX:RSH)

Respri says it will acquire ACCESS telehealth, a leading US-based RPM provider for US$1.5m.

The acquisition means that Respiri will be first Australian company to deliver end-to-end RPM (remote patient monitoring) services to US health providers.

ACCESS is already a sales and marketing partner for Respiri’s wheezo device.

Respiri says the acquisition will now open up multiplies total addressable market, from 50m respiratory RPM patients to 150m+.

 

Telix Pharma (ASX:TLX)

Telix announced that the first patient has been dosed in a Phase II study of the company’s carbonic anhydrase- (CAIX)-targeting PET/CT1 imaging agent TLX250-CDx.

CAIX is a protein over-expressed on the surface of clear cell renal cell carcinoma (ccRCC), the cancer target in Telix’s highly successful Phase III ZIRCON study.

Tumours that express CAIX are typically hypoxic, more aggressive and feature a tumour micro-environment (TME) that can be resistant to therapy, particularly immunotherapies.

The STARBURST study is exploring these tumour types in the refractory setting to assess whether tumour sites can be targeted, both for imaging and potentially therapeutic purpose.

 

Avecho Biotech (ASX:AVE)

Avecho has completed the development of its first edible dosage forms combining its TPM gummies with cannabinoids.

Avecho says TPM cannabinoid gummies out-perform standard products with faster onset and greater effect.

TPM cannabinoid gummies are also applicable to both medicinal and consumer cannabis markets.

With this new addition, Avecho’s portfolio of cannabinoid dosage forms now include oral oils, capsules, edibles, and topical gels.