Taiwan and Japan to Implement a Cooperative Program on Mutual Recognition of Deposit of Biological Materials for the Purpose of Patent Procedure
Under this program, applicants are allowed to make only one deposit at a designated depository either in Taiwan or Japan. In other words, applicants are no longer burdened with the inconvenience and cost of having to make a deposit in both countries. As a result, the program can significantly benefit domestic industries and academic institutes of biotechnology, pharmaceuticals, and food sciences, such as the GenMont Biotech Inc., Bio-Ray Biotech Co., Ltd., and Academia Sinica. In all, this program meets the expectation of relevant sectors in Taiwan with the country’s food science institutes now being recognized as equally eligible depositories capable of furthering cooperation with depositories in Japan.
(Data Source: TIPO; News Published on 2014/11/21)