Developing a fabric from liquid waste has propelled small cap Nanollose to the top of the ASX healthcare sector, where 74 companies gained ground, 48 lost it, and 10 companies were flat in the past fortnight.

Here’s our fortnightly wrap of all the news driving ASX health stocks.

Nanollose (ASX:NC6) has been the biggest gainer since December 20. Its shares had traded around 5c since November before soaring January 13 after the bio-materials company applied for a patent with Grasim Industries for a lyocell fibre made of microbial cellulose.

This week, NC6 shares traded as high as 22c on Tuesday before falling to close at 19c on Wednesday.

The $26 million company is working to commercialise a rayon fabric derived from liquid waste, rather than tree fibres.

The company’s executive chairman, Wayne Best, said in announcing the patent that Nanollose is looking forward to commencing pilot production and “presenting textiles made from this remarkable fibre to the fashion industry”.

Antisense Therapeutics (ASX:ANP) takes the number two spot, with its shares doubling to 25c. The biotech company hasn’t released any news but has been the beneficiary of a drug failure by Sarapeta Therapeutics (NASDAQ:SRPT), a US competitor also working on a Duchenne muscular dystrophy treatment.

Rounding out the top three is CardieX (ASX:CDX) whose shares are up 98 per cent to 10.5c for the period. In response to an ASX price query, the cardiovascular health company said on Tuesday it had no explanation for the price rise in its securities.

Code Company Price %Mth %SixMth %Wk %Yr MktCap
NC6 Nanollose 0.2 292 376 300 240 $ 26,718,546.38
APH AP Hemp 0.5 43 270 52 186 $ 21,312,351.68
ANP Antisense Therapeut. 0.25 100 127 47 238 $ 143,513,985.25
LSH Lifespot Health 0.135 69 248 38 286 $ 20,216,034.84
CDX Cardiex 0.105 98 228 35 239 $ 105,990,851.36
MDC Medlab Clinical 0.32 28 129 33 -15 $ 78,309,187.88
MEB Medibio 0.0105 17 -13 31 8 $ 13,476,625.69
RHY Rhythm Biosciences 1.35 67 1364 29 1297 $ 253,884,721.86
CYC Cyclopharm 2.94 18 100 28 131 $ 237,612,386.80
DXB Dimerix 0.29 49 -13 26 107 $ 52,436,688.71
LCT Living Cell Tech. 0.017 13 6 21 0 $ 9,143,055.70
PTX Prescient 0.083 28 43 20 43 $ 49,963,134.78
PAB Patrys 0.03 67 132 20 51 $ 54,239,270.13
ALT Analytica 0.003 50 50 20 0 $ 14,078,449.33
ATX Amplia Therapeutics 0.285 30 78 19 285 $ 32,315,767.20
BOT Botanix Pharma 0.16 28 214 19 68 $ 131,374,179.99
BPH BPH Energy 0.049 32 232 17 465 $ 28,466,421.57
IBX Imagion Biosys 0.18 33 275 16 588 $ 179,706,111.84
NTI Neurotech Intl 0.052 0 420 16 247 $ 29,173,858.32
OCC Orthocell 0.52 21 51 13 5 $ 94,547,348.07
GTG Genetic Technologies 0.009 29 -22 13 0 $ 74,355,540.69
NYR Nyrada 0.37 72 95 12 64 $ 28,254,964.90
JHC Japara Healthcare Lt 0.73 17 48 11 -28 $ 195,090,549.44
BNO Bionomics 0.165 18 161 10 119 $ 121,315,845.75
ADO Anteotech 0.115 10 259 10 236 $ 205,716,137.11
OIL Optiscan Imaging 0.125 9 166 9 238 $ 74,591,287.50
IHL Incannex Healthcare 0.17 16 139 8 143 $ 176,823,138.70
TLX Telix Pharmaceutical 4.46 11 228 7 193 $ 1,239,391,523.24
CAN Cann Group 0.68 35 -6 7 -51 $ 186,351,781.74
ATH Alterity Therap 0.035 17 -5 6 75 $ 73,114,199.21
ALC Alcidion Group 0.195 5 26 5 -5 $ 188,231,869.88
DVL Dorsavi 0.041 3 53 5 65 $ 12,355,142.38
JHL Jayex Healthcare 0.042 5 45 5 40 $ 8,658,610.03
ACW Actinogen Medical 0.021 5 -7 5 -37 $ 30,466,530.55
NOX Noxopharm 0.55 17 65 5 124 $ 141,069,959.80
OSP Osprey Med Inc 0.022 5 -53 5 -24 $ 35,713,633.16
PBP Probiotec 2.43 5 20 5 23 $ 193,019,978.76
ARX Aroa Biosurgery 1.13 3 0 5 0 $ 336,813,583.68
IMC Immuron 0.23 -4 5 5 70 $ 53,306,813.91
RGS Regeneus 0.12 -8 40 4 60 $ 37,535,547.63
NEU Neuren Pharmaceut. 1.46 16 20 4 -48 $ 166,181,756.60
ZLD Zelira Therapeutics 0.099 3 87 4 74 $ 114,976,327.70
RSH Respiri 0.135 2 -7 4 80 $ 93,904,302.70
AGH Althea Group 0.47 9 29 3 -1 $ 116,739,001.94
VHT Volpara Health Tech 1.49 13 7 3 -20 $ 379,014,652.31
MVP Medical Developments 6.7 -1 8 3 -28 $ 462,565,371.60
PIQ Proteomics Int Lab 0.75 1 63 3 146 $ 78,679,406.25
RAP Resapp Health 0.078 -1 -44 3 -71 $ 58,375,200.65
BIT Biotron 0.081 1 -19 3 33 $ 58,260,415.18
CTE Cryosite 0.43 23 207 2 682 $ 19,681,016.46
FFC Farmaforce 0.09 6 64 2 0 $ 11,589,388.20
ONE Oneview Healthcare 0.045 -10 32 2 -50 $ 17,663,080.32
BWX BWX 4.06 2 -6 2 -12 $ 558,175,992.00
MVF Monash IVF Group 0.73 -8 37 2 -25 $ 280,537,084.80
PAR Paradigm Bio. 2.44 0 -15 2 -38 $ 544,309,460.68
S66 Star Combo 0.3 -14 -21 2 -35 $ 40,413,740.70
PSQ Pacific Smiles Grp 2.63 6 69 1 51 $ 406,816,207.50
OVN Oventus Medical 0.25 20 -3 1 -38 $ 39,565,604.25
OPT Opthea 2.04 2 -9 1 -42 $ 685,458,263.07
SDI SDI 0.75 -5 8 1 -13 $ 89,149,147.50
RAC Race Oncology 1.7 -6 73 1 656 $ 217,490,910.00
4DX 4Dmedical 2.3 0 0 0 0 $ 400,950,410.36
MXC Mgc Pharmaceuticals 0.026 4 8 0 -32 $ 46,491,388.81
THC THC Global Grp 0.235 -10 -15 0 -39 $ 44,522,383.02
IDT IDT Australia 0.185 6 23 0 12 $ 44,090,062.84
MX1 Micro-X 0.36 -6 144 0 122 $ 136,591,667.28
LBT LBT Innovations 0.115 0 -23 0 -32 $ 33,248,243.86
ICR Intelicare Holdings 0.235 -6 -45 0 0 $ 8,587,106.58
SUD Suda Pharmaceuticals 0.041 8 37 0 -10 $ 15,341,795.08
CAJ Capitol Health 0.275 -2 31 0 20 $ 281,902,434.00
BXN Bioxyne 0.011 -8 0 0 -42 $ 7,041,599.38
AHK Ark Mines 0.034 0 0 0 0 $ 1,778,919.95
1ST 1St Group 0.034 6 -11 0 -56 $ 14,012,357.80
CDY Cellmid 0.11 5 -21 0 -54 $ 13,993,353.33
ADR Adherium 0.024 0 -8 0 -27 $ 16,310,304.26
IMU Imugene 0.11 11 189 0 197 $ 521,501,213.86
OSL Oncosil Medical 0.125 -4 9 0 -29 $ 101,985,219.50
CHM Chimeric Therapeutic 0.375 0 0 0 0 $ 60,915,000.00
DOC Doctor Care Anywhere 1.36 9 0 0 0 $ 248,863,749.91
VBS Vectus Biosystems 1.34 12 97 -1 144 $ 42,418,227.96
IMM Immutep 0.43 9 139 -1 43 $ 291,926,378.70
EYE Nova EYE Medical 0.335 0 -5 -1 -14 $ 49,571,717.61
AT1 Atomo Diagnostics 0.3 0 -27 -2 0 $ 120,327,649.42
PAA Pharmaust 0.093 -11 -52 -2 10 $ 31,039,532.16
GSS Genetic Signatures 1.91 19 -21 -2 82 $ 266,461,401.29
TD1 Tali Digital 0.047 2 81 -2 -6 $ 39,061,973.16
GLH Global Health 0.43 -1 51 -2 197 $ 18,102,277.60
ONT 1300 Smiles 6.8 -4 32 -2 9 $ 161,013,011.20
RHT Resonance Health 0.2 -11 33 -2 -23 $ 94,206,416.01
ZNO Zoono Group 1.27 -2 -47 -3 162 $ 207,602,574.36
CP1 Cannpal Animal 0.18 9 33 -3 9 $ 16,762,500.00
CGS Cogstate 1.03 -10 158 -3 106 $ 180,452,630.86
MDR Medadvisor 0.33 -13 -32 -3 -37 $ 122,222,236.44
KZA Kazia Therapeutics 1.31 9 173 -3 120 $ 165,277,805.84
VLS Vita Life Sciences.. 0.96 -4 75 -3 20 $ 51,919,307.52
PYC PYC Therapeutics 0.155 3 36 -3 148 $ 475,638,915.45
1AD Adalta 0.14 12 41 -3 41 $ 34,324,619.42
MMJ MMJ Group Hlds 0.13 8 24 -4 -19 $ 31,043,787.98
CPH Creso Pharma 0.235 47 683 -4 31 $ 219,911,024.16
BD1 Bard1 Life Sciences 0.585 -14 -35 -4 -43 $ 46,294,307.76
NXS Next Science 1.16 -2 -9 -4 -51 $ 142,590,482.35
HCT Holista CollTech 0.068 -4 -18 -4 -15 $ 18,723,737.92
MEM Memphasys 0.1 -29 4 -5 61 $ 75,477,388.00
CYP Cynata Therapeutics 0.685 -2 -2 -5 -45 $ 94,916,544.82
RCE Recce Pharmaceutical 1.06 2 -24 -5 235 $ 178,922,510.25
AC8 Auscann Grp Hlgs 0.185 6 23 -5 -48 $ 58,653,761.05
EXL Elixinol Global 0.185 -12 16 -5 -77 $ 57,971,642.00
HXL Hexima 0.165 -11 -46 -6 -46 $ 19,861,447.49
SCU Stemcell United 0.016 -11 7 -6 -16 $ 12,370,557.15
OSX Osteopore 0.47 -10 -23 -6 -31 $ 37,458,144.00
PGC Paragon Care 0.22 -2 26 -6 -48 $ 79,403,043.62
PCK Painchek 0.071 -10 -38 -7 -62 $ 80,003,140.73
M7T Mach7 Tech 1.2 -4 45 -7 57 $ 276,966,904.88
CMP Compumedics 0.42 -8 0 -7 -40 $ 74,408,438.16
ACR Acrux 0.2 8 25 -7 5 $ 44,325,470.91
ICS ICSGlobal 1.95 -7 15 -7 5 $ 20,521,837.05
TRU Truscreen 0.13 0 0 -7 0 $ 48,986,944.16
NSB Neuroscientific 0.24 -8 12 -8 41 $ 21,591,585.60
PAL Palla Pharma 0.705 -8 -19 -9 -30 $ 88,163,583.90
AMT Allegra Orthopaedics 0.325 5 35 -10 63 $ 34,993,833.01
IVX Invion 0.009 -14 0 -10 -25 $ 49,840,130.66
RNO Rhinomed 0.135 -25 67 -10 -25 $ 34,264,232.82
PNV Polynovo 2.65 -32 17 -10 8 $ 1,639,498,349.12
SOM SomnoMed 1.97 -2 52 -11 -17 $ 163,035,850.55
UBI Universal Biosensors 0.505 26 130 -11 189 $ 89,647,702.01
PXS Pharmaxis 0.093 4 8 -11 -36 $ 37,334,901.01
AVE Avecho Biotech 0.023 28 229 -12 475 $ 35,175,682.96
IPD Impedimed 0.115 -12 69 -12 -25 $ 150,629,403.12
CBL Control Bionics 0.835 -17 0 -13 0 $ 40,685,804.70
AHC Austco Healthcare 0.095 -10 40 -14 16 $ 26,997,950.35
SVA Simavita 0.016 -16 -20 -16 -43 $ 18,461,854.56
VTI Vision Tech 0.019 -17 6 -17 -55 $ 18,880,785.62

On the flip side, $1.6 billion Polynovo (ASX:PNV) has been the biggest loser, dropping 32 per cent after reporting slower-than-expected sales of its NovoSorb burn-healing polymer in November and October.

Memphasys (ASX:MEM) shares have dropped after trading around 14c a month ago on excitement over progress for its Felix sperm-separating device, which the bio-separations company plans to sell to IVF clinics.

MEM shares yesterday finished at 10c.