Proteomics bags Chinese patent for innovative muscle stress test
Developed alongside The University of Western Australia, OxiDx Limited's technology uses a quick, low-cost fingerprick blood test to track muscle damage caused by oxidative stress in elite athletes and thoroughbred racehorses.
Oxidative stress is caused by an overload of toxic oxidants - known as free radicals, which start to overpower the body's natural defences, throwing the system off balance. It is also linked to more than 70 different human health conditions.
The test can be done anywhere, from a lab at home or on the track to deliver instant feedback that can help manage training, injury recovery and even early intervention for chronic health issues such as cancer and diabetes.
Muscle injuries account for up to 55 per cent of all sports injuries in professional athletes. The horse racing industry fares even worse, with 85 per cent of thoroughbreds suffering at least one injury by the time they finish their second racing season.
Proteomics says the freshly granted Chinese patent effectively future proofs the company's competitive advantage in Asia and remains valid until 2039.
The commercial potential of the test appears enormous, particularly in a performance-obsessed market like China, where sports science, wellness, and elite horse racing are all booming.
The new patent has also added serious firepower to OxiDx's global intellectual property footprint, which already covers the US, Japan, Europe and Australia. Second-generation protections are still in the pipeline for key markets such as Singapore, India and a fresh round in the US.
Proteomics lit up the diagnostics scene in December when its OxiDx test holed out a proof-of-concept trial, tracking muscle damage and recovery in elite marathon runners with pinpoint accuracy.
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The Advertiser
4 hours ago
- The Advertiser
'Respect never cost anything': PM defends China outcome
Anthony Albanese has hit back at the coalition over claims of "indulgence" during his China trip, saying his rivals don't understand the importance of respect in diplomacy. The prime minister's itinerary has included retracing the steps of Gough Whitlam on the Great Wall of China and a panda research centre in the southwestern city of Chengdu as his visit nears the end. Back home, the optics of visiting popular tourist sites attracted sniping from the opposition. Coalition frontbencher James Paterson suggested the prime minister was enjoying himself too much. "I do wonder whether a Gough Whitlam history tour on the Great Wall of China, whether a visit to Chengdu to pose with some pandas, and whether a hit of tennis is strictly necessary as part of a six-day visit to China, when there is so much else at stake in our other international relationships around the world," he told Sky News on Thursday. "And frankly, I have to say that some of this is starting to look a little bit indulgent." Mr Albanese has himself been eager to draw links between his tour and those of former Labor prime ministers Whitlam and Bob Hawke, who also visited the giant pandas in 1986. What those and his visits achieved was building respect between Australia and China, which would in turn result in better economic and diplomatic outcomes, he said. "Those pictures go to 27 million people, potentially, in Australia. They go to over a billion people in China," Mr Albanese told reporters in Chengdu. "And those billion people represent people who are increasingly rising up the income ladder and are potential tourists and therefore job creators in Australia. "If James Patterson doesn't understand that, then he doesn't understand much. "The Great Wall of China symbolises the extraordinary history and culture here in China, and showing a bit of respect to people never cost anything. You know what it does, it gives you a reward." Mr Albanese's trip has been shorter on concrete outcomes than in previous years, when his resumption of dialogue with China saw $20 billion worth of Chinese trade sanctions lifted from Australian exports. But the welcome has been warmer and coverage from Chinese state media more effusive than at any time since before the breakdown in Sino-Australian relations in 2020. A few agreements to boost trade and tourism links have been reached. But the increased dialogue and co-operation in areas from green steel to medical technology were part of a gradual improvement in relations that would advance Australia's national interests, Mr Albanese said. "You don't go from a position of where we were into absolute agreement on everything. That's not the goal." Despite the improving mood, China and Australia still have many issues they disagree on. In meetings with Chinese President Xi Jinping and Premier Li Qiang, Mr Albanese raised concerns over China not providing advance notice of naval live-fire drills off Australia that forced commercial flights to divert. Meanwhile, Mr Li has voiced his dismay over Australia's stringent restrictions on foreign investment from China, imploring the Australian government not to treat Chinese firms unfairly. "We have different political systems, but it has been constructive and has been an important step in the developing of our relationship," Mr Albanese said. Anthony Albanese has hit back at the coalition over claims of "indulgence" during his China trip, saying his rivals don't understand the importance of respect in diplomacy. The prime minister's itinerary has included retracing the steps of Gough Whitlam on the Great Wall of China and a panda research centre in the southwestern city of Chengdu as his visit nears the end. Back home, the optics of visiting popular tourist sites attracted sniping from the opposition. Coalition frontbencher James Paterson suggested the prime minister was enjoying himself too much. "I do wonder whether a Gough Whitlam history tour on the Great Wall of China, whether a visit to Chengdu to pose with some pandas, and whether a hit of tennis is strictly necessary as part of a six-day visit to China, when there is so much else at stake in our other international relationships around the world," he told Sky News on Thursday. "And frankly, I have to say that some of this is starting to look a little bit indulgent." Mr Albanese has himself been eager to draw links between his tour and those of former Labor prime ministers Whitlam and Bob Hawke, who also visited the giant pandas in 1986. What those and his visits achieved was building respect between Australia and China, which would in turn result in better economic and diplomatic outcomes, he said. "Those pictures go to 27 million people, potentially, in Australia. They go to over a billion people in China," Mr Albanese told reporters in Chengdu. "And those billion people represent people who are increasingly rising up the income ladder and are potential tourists and therefore job creators in Australia. "If James Patterson doesn't understand that, then he doesn't understand much. "The Great Wall of China symbolises the extraordinary history and culture here in China, and showing a bit of respect to people never cost anything. You know what it does, it gives you a reward." Mr Albanese's trip has been shorter on concrete outcomes than in previous years, when his resumption of dialogue with China saw $20 billion worth of Chinese trade sanctions lifted from Australian exports. But the welcome has been warmer and coverage from Chinese state media more effusive than at any time since before the breakdown in Sino-Australian relations in 2020. A few agreements to boost trade and tourism links have been reached. But the increased dialogue and co-operation in areas from green steel to medical technology were part of a gradual improvement in relations that would advance Australia's national interests, Mr Albanese said. "You don't go from a position of where we were into absolute agreement on everything. That's not the goal." Despite the improving mood, China and Australia still have many issues they disagree on. In meetings with Chinese President Xi Jinping and Premier Li Qiang, Mr Albanese raised concerns over China not providing advance notice of naval live-fire drills off Australia that forced commercial flights to divert. Meanwhile, Mr Li has voiced his dismay over Australia's stringent restrictions on foreign investment from China, imploring the Australian government not to treat Chinese firms unfairly. "We have different political systems, but it has been constructive and has been an important step in the developing of our relationship," Mr Albanese said. Anthony Albanese has hit back at the coalition over claims of "indulgence" during his China trip, saying his rivals don't understand the importance of respect in diplomacy. The prime minister's itinerary has included retracing the steps of Gough Whitlam on the Great Wall of China and a panda research centre in the southwestern city of Chengdu as his visit nears the end. Back home, the optics of visiting popular tourist sites attracted sniping from the opposition. Coalition frontbencher James Paterson suggested the prime minister was enjoying himself too much. "I do wonder whether a Gough Whitlam history tour on the Great Wall of China, whether a visit to Chengdu to pose with some pandas, and whether a hit of tennis is strictly necessary as part of a six-day visit to China, when there is so much else at stake in our other international relationships around the world," he told Sky News on Thursday. "And frankly, I have to say that some of this is starting to look a little bit indulgent." Mr Albanese has himself been eager to draw links between his tour and those of former Labor prime ministers Whitlam and Bob Hawke, who also visited the giant pandas in 1986. What those and his visits achieved was building respect between Australia and China, which would in turn result in better economic and diplomatic outcomes, he said. "Those pictures go to 27 million people, potentially, in Australia. They go to over a billion people in China," Mr Albanese told reporters in Chengdu. "And those billion people represent people who are increasingly rising up the income ladder and are potential tourists and therefore job creators in Australia. "If James Patterson doesn't understand that, then he doesn't understand much. "The Great Wall of China symbolises the extraordinary history and culture here in China, and showing a bit of respect to people never cost anything. You know what it does, it gives you a reward." Mr Albanese's trip has been shorter on concrete outcomes than in previous years, when his resumption of dialogue with China saw $20 billion worth of Chinese trade sanctions lifted from Australian exports. But the welcome has been warmer and coverage from Chinese state media more effusive than at any time since before the breakdown in Sino-Australian relations in 2020. A few agreements to boost trade and tourism links have been reached. But the increased dialogue and co-operation in areas from green steel to medical technology were part of a gradual improvement in relations that would advance Australia's national interests, Mr Albanese said. "You don't go from a position of where we were into absolute agreement on everything. That's not the goal." Despite the improving mood, China and Australia still have many issues they disagree on. In meetings with Chinese President Xi Jinping and Premier Li Qiang, Mr Albanese raised concerns over China not providing advance notice of naval live-fire drills off Australia that forced commercial flights to divert. Meanwhile, Mr Li has voiced his dismay over Australia's stringent restrictions on foreign investment from China, imploring the Australian government not to treat Chinese firms unfairly. "We have different political systems, but it has been constructive and has been an important step in the developing of our relationship," Mr Albanese said. Anthony Albanese has hit back at the coalition over claims of "indulgence" during his China trip, saying his rivals don't understand the importance of respect in diplomacy. The prime minister's itinerary has included retracing the steps of Gough Whitlam on the Great Wall of China and a panda research centre in the southwestern city of Chengdu as his visit nears the end. Back home, the optics of visiting popular tourist sites attracted sniping from the opposition. Coalition frontbencher James Paterson suggested the prime minister was enjoying himself too much. "I do wonder whether a Gough Whitlam history tour on the Great Wall of China, whether a visit to Chengdu to pose with some pandas, and whether a hit of tennis is strictly necessary as part of a six-day visit to China, when there is so much else at stake in our other international relationships around the world," he told Sky News on Thursday. "And frankly, I have to say that some of this is starting to look a little bit indulgent." Mr Albanese has himself been eager to draw links between his tour and those of former Labor prime ministers Whitlam and Bob Hawke, who also visited the giant pandas in 1986. What those and his visits achieved was building respect between Australia and China, which would in turn result in better economic and diplomatic outcomes, he said. "Those pictures go to 27 million people, potentially, in Australia. They go to over a billion people in China," Mr Albanese told reporters in Chengdu. "And those billion people represent people who are increasingly rising up the income ladder and are potential tourists and therefore job creators in Australia. "If James Patterson doesn't understand that, then he doesn't understand much. "The Great Wall of China symbolises the extraordinary history and culture here in China, and showing a bit of respect to people never cost anything. You know what it does, it gives you a reward." Mr Albanese's trip has been shorter on concrete outcomes than in previous years, when his resumption of dialogue with China saw $20 billion worth of Chinese trade sanctions lifted from Australian exports. But the welcome has been warmer and coverage from Chinese state media more effusive than at any time since before the breakdown in Sino-Australian relations in 2020. A few agreements to boost trade and tourism links have been reached. But the increased dialogue and co-operation in areas from green steel to medical technology were part of a gradual improvement in relations that would advance Australia's national interests, Mr Albanese said. "You don't go from a position of where we were into absolute agreement on everything. That's not the goal." Despite the improving mood, China and Australia still have many issues they disagree on. In meetings with Chinese President Xi Jinping and Premier Li Qiang, Mr Albanese raised concerns over China not providing advance notice of naval live-fire drills off Australia that forced commercial flights to divert. Meanwhile, Mr Li has voiced his dismay over Australia's stringent restrictions on foreign investment from China, imploring the Australian government not to treat Chinese firms unfairly. "We have different political systems, but it has been constructive and has been an important step in the developing of our relationship," Mr Albanese said.
Perth Now
4 hours ago
- Perth Now
‘Changing lives': PM's moving moment in China
Anthony Albanese has wrapped up his lengthy state visit to China by watching young boy hear for the first time using an Australian-designed implant. The Prime Minister's final official engagement on Thursday was a tour of Cohclear's plant in Chengdu. Mr Albanese has touted Australia's world-leading med tech sector in the Chinese research hub, keen to carve out a big piece of the pie as demand grows on the back of China's exploding middle class. But he has been keen to stress the human benefits to doing business throughout his time in China. 'It must be extraordinary to hear for the first time,' Mr Albanese remarked as he and fiancee Jodie Haydon were shown around the Cochlear facility. 'You are changing lives.' The plant opened in 2020 and follows the same manufacturing process as in Australia. Donning blue personal protective equipment, Mr Albanese and Ms Haydon ventured into a sterile space to inspect the three main Cochlear products. They were also shown a glass-walled room where the products are assembled. The room was 10-times more sterile than a surgical theatre. Mr Albanese was then taken into a private space where he watched the moment a young boy's Cochlear implant was activated. Speaking to media ahead of the tour, he said it would be an 'incredibly proud moment'. Prime Minister Anthony Albanese spruiked Australian technology, including the cochlear impact, on his final official event in China. NewsWire/ Joseph Olbrycht-Palmer Credit: News Corp Australia 'The idea that an Australian invention gives someone who has never heard the voice of their mum or dad, brother sister, never heard the sound of airconditioning, to hear sound of the river, the birds tweeting – it's amazing,' Mr Albanese told reporters. 'We should be so proud of what we're doing, and it will be an incredibly proud moment for me this afternoon as Australian Prime Minister, to be able to witness that' He also thanked the boy's family 'who have agreed and … wanted to show the difference that it makes'. After five days of high level meetings and sightseeing in three different cities, Mr Albanese will on Friday fly back to Australia.
Perth Now
7 hours ago
- Perth Now
ASX soars on shock jobs figures
Australia's sharemarket closed at a record high for the second time in four trading days after weaker than expected jobs figures renewed hopes of an August rate cut. The benchmark ASX 200 jumped 77.20 points or 0.90 per cent to 8,639. The broader All Ordinaries also had a strong day up 74.40 points or 0.84 per cent to close Thursday's trading at 8,890.80. The Aussie dollar slumped 0.87 per cent and is now buying 64.64 US cents at the time of writing. Australia's markets immediately responded to the ABS announcement of a jump in the unemployment rate, with bond traders pricing in a 98 per cent chance of a rate cut. ASX soars after weaker than expected job figures. Picture NewsWire/ Gaye Gerard. Credit: News Corp Australia The unemployment rate rose to 4.3 per cent last month against expectations of holding flat at 4.1 per cent. With expectations of lower rates, the Australian dollar slumped back below 65 US cents, while Australia's sharemarket jumped on the news. AMP economist My Bui told NewsWire the fall in the Australian dollar followed the market pricing in a more definite rate cut by the RBA. It was a sea of green on the markets, with all 11 sectors finishing higher, led by industrials, financials and technology stocks. 'We continue to see the jobs market as being weaker than the (figures suggests),' Ms Bui said. 'Yes the unemployment rate seems quite low but this month we've seen weakening in multiple measures, including leading indicators in the job market which I think the RBA will pay attention to.' Betashares chief economist David Bassanese said the weaker than expected job figures were a 'slum dunk' for rate cuts in June. 'We'll need more consistent signs of weakness in both employment and hiring indicators before we can conclude the labour market is turning,' he said. 'That said, today's result clearly adds to the case for a RBA rate cut at the August policy meeting provided next week's Q2 CPI report is not a shocker.' Market heavyweight CBA jumped 1.82 per cent to $180.80, while NAB gained 1.12 per cent to $38.70, Westpac finished 1.20 per cent higher at $33.70 and ANZ climbed 1.10 per cent to $30.45. Despite the ASX overall soaring, it was mixed news for the miners. NewsWire / Jeremy Piper Credit: News Corp Australia Tech stocks also rose with Xero jumping 1.71 per cent to $179.13, Life360 finished 1.10 per cent higher to $35.80 and Codan jumped 3.13 per cent to $19.75. Iron ore miners had a mixed day despite the price of the commodity rising to a two-month high, surpassing $US100 a tonne during the day's trading. BHP closed flat at $39.11, Fortescue gained 0.30 per cent to $16.91 and Rio Tinto gained 0.52 per cent to $7.48. In company news shares in Clarity Pharmaceuticals rose 2.05 per cent to $3.48 after announcing an important milestone in the Co-PSMA trials. Shares in superannuation and fund management business Australian Ethical soared 7.40 per cent to $6.68 after releasing its fourth quarter and full yearly update. The ethically based fund said there was a 34 per cent increase in funds under management to $13.94bn. The fight for ASX listed wagering business Pointsbet continued with Mixi formally lodging a second takeover bid and Betr announcing an unsolicited all-scrip takeover on Wednesday after the market closed. Shares in Pointsbet closed flat. Qantas shares also finished in the green up 0.55 per cent to $11.04 after it secured a Supreme Court injunction to stop stolen data being published by anyone, a few weeks after cybercriminals gained access to the airlines systems and stole 5.7 million customers personal details.
