BioHistory Moment: First U.S. patent signed by President George Washington

On July 31, 1790 Samuel Hopkins was issued the first patent under the new U.S. patent statute signed into law by President Washington on April 10, 1790. The statute created a committee that included the Secretary of State, Secretary of War and Attorney General who were authorized to make a decision on the merit of a properly documented petition. The patent, for a process of making potash, an ingredient used in fertilizer was signed by President George Washington. The original document is in the collections of the Chicago Historical Society.

Hopkins also received the first "Canadian" patent from the Parliament of Lower Canada in 1791, issued "by the Governor General in Council to Angus MacDonnel, a Scottish soldier garrisoned at Quebec City, and to Samuel Hopkins, for processes to make potash and soap from wood ash.

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• ZIOPHARM reports second quarter financial results  ZIOPHARM reported a net loss from for the second quarter of 2010 of $5.1 million versus a net loss of $2.2 million in the second quarter of 2009, and net income for the three months ended June 30, 2010, was $94.7 million, compared with $85.9 million in the same period in 2009.
  ZIOPHARM Oncology, Inc.   July 30, 2010  
  
  
• Endo Pharmaceuticals reports strong second quarter 2010 financial results  Endo Pharmaceuticals reported total revenues during the second quarter of 2010 increased 6 percent to $396.5 million versus $373.1 million in the same quarter of 2009. Net income for the three months ended June 30, 2010 was $51.5 million, compared with $30.0 million in the comparable 2009 period.
  Endo Pharmaceuticals   July 30, 2010  
  
  
• Volcano Corporation reports record quarterly revenues and profitability  Volcano Corporation reported revenues of $73.5 million for the quarter ended June 30, 2010 versus revenues of $54.0 million in the second quarter of fiscal 2009, and net income of $5.4 million versus a net loss of $5.3 millionin the second quarter of 2009.
  Volcano Corporation   July 30, 2010  
  
  
• Charles River announces mutual termination of acquisition agreement with WuXi PharmaTech  Charles River Laboratories announced that it has mutually agreed with WuXi PharmaTech (Cayman) Inc. to terminate their previously announced acquisition agreement. The Company also announced that its Board of Directors has authorized a new $500 million stock repurchase program.
  Charles River Laboratories International  July 30, 2010  
  
  
• Fred Hutchinson Cancer Research Center announces new president and director  The Fred Hutchinson Cancer Research Center board of trustees announced the selection of Lawrence Corey, M.D., an internationally renowned expert in virology, immunology and vaccine development, as its new president and director. He is expected to begin as the Center's new leader on Jan. 1, 2011.
  Fred Hutchinson Cancer Research Center  July 30, 2010  
  
  

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