ADO 0.00% 2.7¢ anteotech ltd

Very dissapointing, page-44

  1. 2,077 Posts.
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    Here is some info from the Cook website.

    Yes their Brisbane office is located in the same technology park as Anteo, although Cook is a large private medical device company whose head office is in Bloomington Illinois USA.

    https://www.cookmedical.com/about/

    As it is a private company that produces over 16,500 products it is harder to dig and work out what they are collaborating on.

    But things did sound promising from the quarterly..........

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    a) Medical Devices

    Entering into a feasibility study with Cook Medical Australia this quarter, to investigate the use of nanoglue for in vivo medical device purposes, is our first definitive step into a non-core activity with a third party. We entered this relationship with confidence after a thorough vetting process by both sides. This was also the first relationship entered into by Cook's ANT team and is consistent with both companies desire to support advanced manufacturing in Australia

    Our relationship with Cook is still in its formative phase. Both companies have built strong lines of communication necessary for a productive relationship and are already scoping work beyond the initial project

    At our end, our scientists are pleased with the initial work undertaken and have prototypes ready for assessment.'


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    The Bolded last two bits were to point out that it looks like there will be other areas of collaboration and they have made progress with the first.


    The underlined bit was there because Cook have been in the news laterly around presenting to the pollies in Canberra around incentives for advanced manufacturing to commercialise patents in Australia

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    http://mtaa.org.au/docs/media-releases/mr_aim-incentive-launch-27-november_final1.pdf?sfvrsn=2

    Speaking at the event, Barry Thomas, Managing Director of Cook Medical Australia,
    commented: “Over the last 12 months we have gathered a significant amount of support from industry
    for the proposed AIM Incentive as a policy that will foster entrepreneurship, innovation and
    commercialisation translating into job creation and economic growth. We are encouraged by the
    Government’s acknowledgment of the proposed AIM Incentive here today, and we look forward to
    further discussions on how our proposed model could help to
    secure Australia’s ongoing international competitiveness.”


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    He also had an interesting article as a lead in, below
    Successful Strategies for Australian Manufacturing

    http://www.healthcareinfocus.com.au/2012/12/successful-strategies-for-australian-manufacturing/


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