Quarterly report pursuant to Section 13 or 15(d)

Royalty and licensing income

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Royalty and licensing income
6 Months Ended
Jan. 31, 2014
Royalty And Licensing Income [Abstract]  
Royalty And Licensing Income [Text Block]

Note 11 – Royalty and licensing income


The Company’s Life Science segment has a license agreement with QIAGEN Gaithersburg Inc. (“Qiagen”) that began in 2005, whereby the Company earns quarterly royalties on the net sales of Qiagen products subject to the license until the expiration of the patent on April 24, 2018. During each of the three months ended January 31, 2014 and 2013, the Company recorded royalty income under the Agreement of approximately $1.0 million. During the six months ended January 31, 2014 and 2013, the Company recorded royalty income under the Agreement of approximately $2.6 million and $3.0 million, respectively.