Eureka! Invention-patent firm BTG discovers success one idea at a time

Article Abstract:

BTG PLC, a British invention-patent company that profits from royalty payments on licensing deals, looks to earn from a potential licensing deal involving a new insecticide product that will be developed from a plant of the Chilean Calceolaria variety. The new insecticide product, which is not harmful to the environment, is being developed by the Royal Botanic Gardens' leading plant biologist, Monique Simmons. BTG, which owns the 8,500 patents for close to 300 technologies, looks to license the new insecticide to a major corporate user and divide the proceeds of the licensing deal with the inventor.

Comment:

Looks to profit from a potential licensing deal involving a new insecticide to be developed from the Chilean Calceolaria plant

Strategy & planning, Patent Owners & Lessors, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works), Patent licensing, BTG PLC

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Energy Group is leaving Taiwan electricity sector

Article Abstract:

Energy Group PLC of the UK is backing out of a coal-fired power plant venture in Hualien, Taiwan. The firm, which became the first western firm to enter Taiwan's electricity industry when it announced the project in 1997, has promised to invest $170 million or 30% of capital for Full Power Corp. Full Power, which was expected to begin supplying electricity to Taiwan Power Co. on Jun. 30, 1998, is being required by the government to submit NT300 million ($8.7 million) by the end of August 1998 as a guarantee that it will supply power to the state-run firm.

Comment:

Is backing out of a coal-fired power plant venture in Hualien, Taiwan

Taiwan, Acquisitions & mergers, Foreign operations, Electric Power Generating, Electric Power Generation, Energy Group PLC

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