Grocery Retailers Authorised By ACCC To Continue Cooperating On COVID-19 Response | ASX Update

September 03, 2020 05:49 PM AEST | By Team Kalkine Media

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Starpharma Holdings Limited (ASX:SPL) has been awarded A$1 million funding by the Medical Research Future Fund (MRFF) Biomedical Translation Bridge Program of Australian Government for SPL7013 nasal spray. This funding shall be used to accelerate development & commercialisation of its antiviral nasal spray to treat COVID-19 based on SPL7013, proprietary dendrimer of Starpharma.

ACCC has announced that Supermarket operators shall be allowed to keep on cooperating to confirm supply of food and groceries in response to the COVID-19 pandemic. Grocery Retailers such as Coles, Woolworths, Metcash, Aldi and similar retailers’ participation has been approved by ACCC to coordinate with each other when they work with manufacturers, suppliers, as well as transport and logistics providers.

After a successful pilot program in FY2020, Wisr Limited (ASX:WZR) has launched its second major competitive product into market, secured vehicle finance. The launch of the new product would allow the company to enter into the A$33 billion-dollar consumer vehicle finance market. Thus, expanding the addressable market opportunity of the company.

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