BLT 2.13% 4.6¢ benitec biopharma limited

benitec,the rising star of biotech

  1. 5,447 Posts.
    The granting of patents to Benitec are big news around the world but little known in Australia.However when we realise that Benitec has become the Microsoft equivalent in the biotech world they will be recognised.Microsoft became the company that owned the patents that controlled the levers that made computers work,the operating system.Benitec has the patents that allow control of the genes that make animals and plants work..They can turn genes on or off permanently or temporary.This enables them to be manipulated to develop drugs at great speed.It took 5 years to have the patents passed in the UK and US and surprised many of the major companies in the field as they had overlooked the research that they were doing.Now they are licencing companies to use their patents and will receive royalties from products[drugs] that are produced as a result.
 
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