Press Release – Powerhouse Ventures Ltd
Powerhouse (ASX: PVL), the developer of intellectual property based businesses, is pleased to announce it has completed its first Australian investment into Ferronova Pty Ltd, a spin-out from Victoria University of Wellington and the University of South Australia developing a ground-breaking cancer staging system.

Ferronova has been founded by the University of South Australia (UniSA) with Associate Professor Benjamin Thierry, leader of the translational NanoBioEngineering group within the University’s flagship institute, the Future Industries Institute, which develops and implements novel cancer biodiagnostic and prognostic technologies. Dr Thierry was made Research Associate Professor in 2012 and has received prestigious awards including Career Development Award Fellowships from the National Health and Medical Research Council.

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