Johnson & Johnson was the top environmental, social, and governance (ESG) innovator in the clinical trial operations sector in the last quarter. The company filed 78 ESG related patents in the three months ending November. But that was down from 201 over the same period last year.
Eli Lilly has recently ramped up R&D in ESG. It saw growth of 50% in related patent applications in the three months ending November compared to the same period last year – the highest percentage growth out of all companies tracked with more than 10 quarterly patents in the clinical trial operations sector.
Research and innovation in ESG in the clinical trial operations sector has declined in the last year.
The most recent figures show that the number of ESG patent applications in the industry stood at 272 in the three months ending November – down from 545 over the same period last year.
Figures for patent grants related to ESG followed a similar pattern to filings – shrinking from 463 in the three months ending November last year to 278 this year.
The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.
ESG is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.
The figures also provide an insight into the largest innovators in the sector.