Queensland biotech company Ellume Health, which just two years ago was riding high after winning a $300 million US government Covid contract, has been placed in liquidation after a takeover offer for the failed business fell through. The Australian arm of the global business entered voluntary administration last August. It subsequently emerged that it owed… Read more »
Queensland biotech startup Ellume Health, which last year won a $300 million US government contract to supply Covid home testing kits, has placed its Australian business in voluntary administration. FTI Consulting were appointed as administrators of Ellume Ltd on Thursday. In a statement from FTI, administrators John Park and Joanne Dunn said Ellume’s directors appointed… Read more »
Brisbane-based digital diagnostics startup Ellume Health has signed US$231.8 million (AU$305m) deal with the US Department of Defense to build a US factory producing up to 19 million of its rapid Covid-19 home testing kits in a major expansion for the business. Under the agreement with the new Biden administration, supported by the US Department… Read more »
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