No pain, big gain: partnership sends Mesoblast shares soaring

Original article by Damon Kitney
The Australian – Page: 21 : 11-Sep-19

Shares in Melbourne-based stem cell developer Mesoblast rose by over 22 per cent on 10 September after it announced details of a strategic partnership with German drug company Grunenthal. The partnership will see the two companies work to develop and commercialise a cell therapy to threat severe lower back pain, with Mesoblast receiving up to $US150 million ($218.56 million) in upfront and milestone payments prior to the launch of any product developed under the partnership. Billionaire Alex Waislitz, who is one of Mesoblast’s investors, suggests the global potential for a non-opiate product for treating lower back pain could be worth "many billions of dollars" each year.

CORPORATES
MESOBLAST LIMITED – ASX MSB, GRUNENTHAL GMBH

Fledglings targeted by $162m global fund

Original article by Paul Smith
The Australian Financial Review – Page: 25 : 20-Mar-18

Venture capital firm Hatcher+ has entered into an partnership with technology start-up accelerator BlueChilli. Under the partnership, which will commence in April, Hatcher+ will co-invest in 240 new technology start-ups chosen by BlueChilli over the next three years, with finance to come from a new $US125 million ($A162 million) fund. BlueChilli founder and CEO Sebastien Eckersley-Maslin says it will need to find 12,000 entrepreneurs in order to choose the best 240, based on its previous processes for selecting start-ups to invest in.

CORPORATES
HATCHER+, BLUECHILLI, DROPSUITE, INZENSTUDIO, ICANDY INTERACTIVE LIMITED – ASX ICI

Advertising agencies reinvent themselves for new era

Original article by Paul McIntyre
The Australian Financial Review – Page: 37 : 14-Sep-15

Havas Worldwide CEO Andrew Benett says advertising agencies must evolve and adapt to the changing media landscape. Ad agencies have traditionally focused on making ads, but they are increasingly becoming active in producing and distributing content for clients. Havas Worldwide and WPP are among the advertising groups that are securing alliances with media companies.

CORPORATES
HAVAS WORLDWIDE, WPP GROUP PLC, VIVENDI GROUPE, UNIVERSAL MUSIC GROUP, CANAL PLUS SA, VIVENDI UNIVERSAL, SNAPCHAT INCORPORATED, DAILY MAIL AND GENERAL TRUST PLC, IBM CORPORATION, DROGA5, WME, IMG WORLDWIDE INCORPORATED