Albert Ferraloro, Principal Wrays Management and Strategic services A review of patent filing statistics for the petroleum sector (Thomson Reuters: 2012 State of Innovation Report) suggests many Australian resources companies are lagging behind their international counterparts when it comes to formally protecting their innovations. With the increasing realisation that IP assets can represent a significant proportion of the capital value of …
US Supreme Court rules isolated DNA lacks patent eligibility
On 13 June 2013, the United States Supreme Court ruled in Association for Molecular Pathology v. Myriad Genetics (“Myriad”) that: For the reasons that follow, we hold that a naturally occurring DNA segment is a product of nature and not patent eligible merely because it has been isolated, but that cDNA is patent eligible because it is not naturally occurring. …
Budget provides little good news for innovative companies
Press Release For immediate release The Federal Budget has brought little good news for innovative companies that are developing technologies and securing Intellectual Property Rights. The only new initiative outlined in the Budget is the allocation of a further $378.6 million dollars to the Venture Australia Program. Of this funding, $25.4 million will be handed to the Department of Industry, …
Sitting Pretty
Elanor Chapman, HR and Culture Specialist, Wrays Brand, Research and Culture services As experts in the brand and culture space, we are seemingly forever answering the question ‘so what is this organisational culture thing?’. With new ways to answer that question always on my mind (mainly so I don’t bore myself, more so I don’t bore my listener) a recent article on my …
An intellectual point of view: MiningNewsPremium.net
Publication Date: 20 February 2013 Page Number: Online Publication: MiningNewsPremium (www.miningnewspremium.net) Headline: An intellectual point of view AUSTRALIA’S mining suppliers may be missing out on millions because they are not taking care of their intellectual property. Supply Side by Noel Dyson At least that is the view of Wrays management and strategic services group head Albert Ferraloro. What if a …
IP stakes on the rise
Publication Date: 20 February 2013 Page Number: Online Publication: High Grade (www.highgrade.net) Headline: IP Stakes on the rise AN increasing awareness of the value of intellectual property among exploration and mining companies hasn’t translated into a readiness on the part of most companies to test the worth of IP assets, according to a top legal mind in the field . …
Raising the Bar IP Law Changes
Most Raising the Bar IP Law Changes taking effect on 15 April 2013 – Any instructions relating to actions intended to avoid the impact of the Raising the Bar changes MUST be received by Wrays before 12 April 2013 in order to allow us time to take the necessary action. If you are in the US, Middle East, Africa or …
Summary of New Legislation 2013 – Translated
Summary_of_Legislation_2013_Translated.pdf
Employer branding – new buzz word or a critical element of your business strategy?
Wrays recently hosted a Masterclass workshop for senior HR and Communications professionals facilitated by global authority and thought-leader Brett Minchington, Chairman and CEO of Employer Brand International. An Employer brand is the image and associations within the minds of your current employees and key stakeholders. Branding is how you attract, engage and leverage your talent initiatives to further enhance the employee …
Eli Lilly successfully defends Zyprexa compound patent in Australia
On 15 March 2013, the Australian Federal Court upheld Eli Lilly’s patent for the active compound in their highly successful product ZYPREXA®. Lilly successfully defended the validity of the patent against a wide-ranging attack by the well-known generic pharmaceutical manufacturer Apotex. Wrays is pleased to have been able to work together with Ashurst Australia in achieving this outcome for Eli …