Intangible assets, which include intellectual property as a primary component, comprise anywhere from 50%-85% of your organisation’s capital value. The following questions for management will assist directors to show compliance with directors’ duties and help ensure sound IP governance practices are in place. As with physical assets, such as land, plant and equipment, management should be delegated the operational responsibility …
Flow Hive inventor stung by Chinese ‘copycat’ – Wrays’ Principal Andrew Butler shares his insights
Local and international copycats are a constant challenge for brand owners. Last week Wrays’ Principal Andrew Butler had the pleasure of speaking with Nina Hendy on some of the measures that can be used to protect your IP in Australia and abroad. This week Wrays’ Chairman, Gary Cox, sat down with Nina Hendy from The Age to share his insights …
AAT decision 5 September 2016 – extension for Swiss style claims
In Australia, it is possible to extend the term of a patent beyond 20 years provided that certain conditions are met. The Administrative Appeals Tribunal’s (AAT) decision in AbbVie Biotechnology Ltd v Commissioner of Patents [2016] AATA 682 has clarified that term extensions are available for a broader class of patents for biologic pharmaceutical products than non-biologic pharmaceuticals. This decision …
Leading the way – innovation and culture at Vinomofo
Michael Ellis, Head of Culture at Vinomofo Listen to Michael Ellis, Head of Culture at Vinomofo share his insights on building an innovation culture at one of Australia’s fastest growing companies. In 2011, Andre Eikmeier and brother-in-law Justin Dry launched Vinomofo – the online wine site – with the goal to connect a passionate wine-loving community with the best wine …
Australian innovation best placed to win
On the horns of a dilemma Over the last two decades, Australia has welcomed uninterrupted economic growth which has resulted in improved living standards, better health outcomes, higher incomes and a growing investment in the environment, education and community. The Organisation for Economic Co-operation and Development (OECD) have defined Innovation as the implementation of a new or significantly improved product …
Wrays appoints Robert Pierce as Chief Executive Officer
Hires Tony Wightman to be operations manager Wrays, one of Australia’s largest independent intellectual property firms, today announced that it has appointed current chief financial officer Robert Pierce to be the firm’s new Chief Executive Officer, effective 1 July. Mr Pierce will continue to be based in Wrays’ Perth office. Mr Pierce will work with current CEO Frank Hurley, who …
A virtual pharmaceutical company – a unique business model achieving robust success
Stephen Page, Director at Advanced Veterinary Therapeutics Listen to Stephen Page from Advanced Veterinary Therapeutics share the journey about his transition from vet to CEO and director and the trends he’s seeing across scientific innovation in Australia. Stephen is a vet by background and has experience working for animal health companies in the US in clinical development areas. He recently …
LYRICA®: Timing of a PBS application
(Apotex Pty Ltd v Warner-Lambert Company LLC (No 3) [2017] FCA 94) The recent decision of Apotex Pty Ltd v Warner-Lambert Company LLC (No 3) [2017] FCA 94 (Apotex No 3) highlights the importance of the timing of an application to list a generic pharmaceutical product pursuant to the Australian Pharmaceutical Benefits Scheme (PBS). Apotex No 3 arises from a …
Trans-Tasman IP Attorneys
Under the 2009 Single Economic Market (SEM) agenda, the New Zealand and Australian Governments agreed a joint work programme to remove regulatory barriers to IP attorneys and firms operating in both markets. The key intellectual property outcome under the SEM agenda was the development of a single regulatory framework for patent attorneys in Australia and New Zealand with the same …
Wrays hires two new IP legal experts to further drive nationwide growth
Wrays, one of Australia’s largest independent intellectual property firms, today announced that it has made two new legal appointments in its Perth and Sydney offices to add additional legal and technical expertise and support its continued growth nationwide. Guy Provan has joined as a Principal in Wrays’ Perth office, and brings significant expertise in intellectual property litigation, patents, copyright, and …