ok ... just looked up Phylogica as the assignee of patent...

ok ... just looked up Phylogica as the assignee of patent applications on the USPTO (pity TheAdder, who is the expert on these things, is exclusive to Sharesxene <- profanity filter?!?!):

20070031832 Methods of constructing biodiverse gene fragment libraries and biological modulators isolated therefrom

Looking at http://pericles.ipaustralia.gov.au/ols/auspat/

Looks like this application derives from a succussful IPAustralia application. (Full list follows)

1 2008200790 Biodiverse gene fragment libraries and biological modulators isolated therefrom Phylogica Limited Watt, Paul; Hopkins, Richard; Thomas, Wayne 2008-02-19 FILED Add to MyList
2 2006200082 Methods of constructing biodiverse gene fragment libraries and biological modulators isolated therefrom Phylogica Limited Watt, Paul Michael; Hopkins, Richard; Thomas, Wayne 2006-01-10 SEALED Add to MyList
3 2005274616 Peptide inhibitors of c-Jun dimerization and uses thereof Phylogica Limited Fear, Mark; Watt, Paul Michael 2005-08-22 FILED Add to MyList
4 2005250511 Peptide modulators of cellular phenotype and bi-nucleic acid fragment library Phylogica Limited Fear, Mark; Milech, Nadia Marian Dorothy; Watt, Paul Michael; Hopkins, Richard 2005-06-03 FILED Add to MyList
5 2004243340 An improved genetic screen for interaction interface mapping Phylogica Limited Bogoyevitch, Marie; Watt, Paul Michael; Hopkins, Richard 2004-05-31 FILED Add to MyList
6 2004213477 Modulating screening thresholds for N-hybrid screening Phylogica Limited Fear, Mark; Milech, Nadia; Watt, Paul; Hopkins, Richard; Cull, Vanessa 2004-02-20 LAPSED Add to MyList
7 2003302489 Methods of constructing biodiverse gene fragment libraries and biological modulators isolated therefrom Phylogica Limited Watt, Paul; Hopkins, Richard; Thomas, Wayne 2004-02-20 ACCEPTED Add to MyList
8 2001245584 Improved reverse n-hybrid screening method Phylogica Limited Golemis, Erica; Serebriiskii, Ilya; Watt, Paul Michael; Hopkins, Richard 2001-03-08 SEALED Add to MyList
9 2000042759 Isolating biological modulators from biodiverse gene fragment libraries Phylogica Limited Watt, Paul Michael; Thomas, Wayne Robert 2000-05-05 SEALED Add to MyList
10 1999022587 Peptide detection method Phylogica Limited Watt, Paul M.; Kees, Ursula R. 1999-01-08 SEALED

In USPTO PAIR the Application Number is: 10/546,333

Status is: Response to Non-Final Office Action Entered and Forwarded to Examiner

Looks fine - claim of foreign priority - the Australian patent. Nothing untoward here ...

Looks like a full set of IP, in the Australian space, with good progress being made at the USPTO.