iCeutica recieves US FDA approval

Wrays would like to congratulate its client, iCeutica, on its success receiving US FDA approval for the pain drug, ZORVOLEX™ (diclofenac), which uses iCeutica’s SoluMatrix Fine Particle Technology™. Read more here

Wrays Industry Insights

Innovation critical to Australia’s competitiveness

Dr Gillian Kaggwa, Technical Assistant, Wrays Perth Peter Caporn, Principal, Wrays Perth Innovation plays a critical role in strengthening Australia’s economy and global competiveness, as identified in a recent overview of Australia’s economy by Michael Enright and Richard Petty titled Australia’s Competitiveness: From Lucky Country to Competitive Country.1 Innovation facilitates growth in productivity, market diversity, exports and employment and, as …

Wrays Industry Insights

Resources sector missing out due to poor IP management

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 …

Wrays Industry Insights

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. …

Wrays Industry Insights

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, …

Wrays Industry Insights

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 …

Wrays Industry Insights

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 …

Wrays Industry Insights

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 . …

Wrays Industry Insights

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 …

Wrays Industry Insights