Kaneka Corp of Japan has given A$1.5 million ($1.1 million) to auto-immune disease research in Australia, further extending its joint-venture arrangement with Melbourne-based AMRAD Corp.
Formed four years ago to develop diagnostic and therapeutic products, the partnership has produced a diagnostic kit for primary biliary cirrhosis and is presently working on a test for the early detection of diabetes. The partners' joint-venture company, AMKAID, conducts its research in the Burnett Clinical Research unit at Melbourne's Walter and Eliza Hall Institute of Medical Research.
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