LBT Innovations makes its first instrument sale in the EU

Medical technology and equipment developer LBT Innovations (ASX: LBT) has made its first European sale of its APAS Independence laboratory instrument (pictured). The sale was made to one of the largest clinical laboratories in the EU, Labor Dr Wisplinghoff, which employes more than 40 medical specialists. Laboratory director Professor Hilmar Wilplinghoff joined LBT Innovations CEO…

Canberra-esque madness kills the SME-focused innovation patent system

Comment by Peter Roberts Parliament has passed legislation killing the low cost innovation patent system, bowing to arguments from the Productivity Commission. Legislation killing the patent was passed by the Senate last week and followed an essentially economically-focused review that lacked transparency. This is yet another victory in a long list of destructive wins by…

De.mem buys German water treatment business

Australian-listed water and wastewater treatment business De.mem (ASX: MEM) has bought German wastewater company Geutec Umwelt-und Ambwassertechnik GmbH based in Essen. The Singapore-Australian company announced it had bought a 75 per cent stake of Geutec , which operates in the European industrial market, complementing De.mem’s largely Australian and Asian mining and resources clientele. The purchase…