Thecuriousmail’s Weblog

AUSTRALIAN COMPANY PATENTS WATER

Posted in Uncategorized by thecuriousmail on May 10, 2009

AusBiotech, an Australian company that already holds several patents on the human genome, has been granted a patent on water by the Federal Government.

According to AusBiotech CEO, Dr Anna Lavelle, “the company’s invention of water followed years of intense research, and the company is now in a position to fully exploit their invention”.

It is believed that the price of water will soon increase, but Dr Lavelle indicated that water supply would not restricted “just to increase our profit. But our shareholders do insist that we maximize their returns,” she said.

Laws in Australia have been introduced to enforce the new patent on water. The police and local council officers have been empowered to issue on-the-spot fines to people caught attempting to collect and store supplies of water.

“When it’s raining I expect to see the new laws rigorously enforced,” said Dr Lavelle.

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  1. Paul said, on May 10, 2009 at 8:17 am

    Ha that’s funny. Except it actually happened in some South American country. A multinational bought the entire water supply. I can’t remember which one it was. Now that everything that can be owned is owned, capitalism eats itself.


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