News: BDA BOD Australia secures binding letter of intent with a Swiss manufacturer, page-86

That is my investment strategy in higher risk ventures that I want to hold for a period of time, I don't bother posting in things I just purely day trade and get out of. Trade on news along the pips for first day, then buy in at low for hold, wait till price retraces slightly and accumulate a larger parcel lowering the average (27c trading up 1c currently), then either trade MT/L or short the stock on the next news and repeat the cycle.

The thing you asked meaning of, tertiary institutions are universities, so from my understanding that would mean they utilize the universities research facilities to undertake trials. It's the easiest place to do trials really because you have free advertising for participants, a range of ages, and all the facilities needed to conduct study at hand. My brothers wife works in bio-pharma and even though she has her own lab she still does trials at universities because it's just easier