Biotech Dimerix lands $940m licensing deal for kidney drug sales
ASX-listed Dimerix has landed one of the biggest licensing deals by an Australian biotechnology company after US pharmaceutical group Amicus Therapeutics agreed to $940 million in payments for future sales of its kidney disease drug.
Shares in Melbourne-based Dimerix were trading 50 per cent higher on news of the breakthrough on Thursday afternoon, valuing the company at $400 million. The biotech group counts former Fortescue Metals and WorleyParsons executive Peter Meurs as its biggest shareholder, with a 13.5 per cent stake.
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World Gold Council working to lure artisanal miners across globe away from ‘illicit actors'
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Inter line up former player Chivu to replace Inzaghi
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I'm saying this because I cannot give official confirmation as there is a bureaucratic aspect we need to overcome with Parma." Meanwhile Gian Piero Gasperini has been named as Roma's new coach, taking over for the retiring Claudio Ranieri following his successful run at Atalanta. "I need a significant challenge," Gasperini said in an interview released by Roma. He has signed a three-year deal for the club owned by Texas-based businessman Dan Friedkin. In nine seasons at Atalanta, Gasperini guided the Bergamo club to a Europa League triumph in 2024, six top-four finishes in Serie A, and a Champions League quarter-final. Atalanta have turned to Croatian Ivan Juric, who left Southampton following their relegation from the EPL, as Gasperini's replacement. Beaten Champions League finalists Inter Milan will appoint their former player and youth coach Cristian Chivu as manager to replace the recently departed Simone Inzaghi. Inter president Giuseppe Marotta said on Friday that the deal would be announced once details have been worked out with Parma, Chivu's current club. Inzaghi left Inter on Tuesday, four years to the day since his appointment and three days after his side suffered a 5-0 defeat by Paris St-Germain in the Champions League final to end the season trophyless. He was named coach of Al-Hilal a day later. Italian media reports had already named Chivu as the new manager with the 44-year-old Romanian set to sign a two-year contract, and Marotta, speaking at the Serie A Festival, all but confirmed the news. "To win, money alone is not enough, expertise, planning, experience, and many other qualities are needed," Marotta said. "All these qualities are what we believe to have, for example in the case of Chivu. I'm saying this because I cannot give official confirmation as there is a bureaucratic aspect we need to overcome with Parma." Meanwhile Gian Piero Gasperini has been named as Roma's new coach, taking over for the retiring Claudio Ranieri following his successful run at Atalanta. "I need a significant challenge," Gasperini said in an interview released by Roma. He has signed a three-year deal for the club owned by Texas-based businessman Dan Friedkin. In nine seasons at Atalanta, Gasperini guided the Bergamo club to a Europa League triumph in 2024, six top-four finishes in Serie A, and a Champions League quarter-final. Atalanta have turned to Croatian Ivan Juric, who left Southampton following their relegation from the EPL, as Gasperini's replacement. Beaten Champions League finalists Inter Milan will appoint their former player and youth coach Cristian Chivu as manager to replace the recently departed Simone Inzaghi. Inter president Giuseppe Marotta said on Friday that the deal would be announced once details have been worked out with Parma, Chivu's current club. Inzaghi left Inter on Tuesday, four years to the day since his appointment and three days after his side suffered a 5-0 defeat by Paris St-Germain in the Champions League final to end the season trophyless. He was named coach of Al-Hilal a day later. Italian media reports had already named Chivu as the new manager with the 44-year-old Romanian set to sign a two-year contract, and Marotta, speaking at the Serie A Festival, all but confirmed the news. "To win, money alone is not enough, expertise, planning, experience, and many other qualities are needed," Marotta said. "All these qualities are what we believe to have, for example in the case of Chivu. I'm saying this because I cannot give official confirmation as there is a bureaucratic aspect we need to overcome with Parma." Meanwhile Gian Piero Gasperini has been named as Roma's new coach, taking over for the retiring Claudio Ranieri following his successful run at Atalanta. "I need a significant challenge," Gasperini said in an interview released by Roma. He has signed a three-year deal for the club owned by Texas-based businessman Dan Friedkin. In nine seasons at Atalanta, Gasperini guided the Bergamo club to a Europa League triumph in 2024, six top-four finishes in Serie A, and a Champions League quarter-final. Atalanta have turned to Croatian Ivan Juric, who left Southampton following their relegation from the EPL, as Gasperini's replacement.
