12.18.2024

FTO Generic, check both Orange Book and FDA information at once

 

 What is the exact meaning of 'generic medicine', which was previously referred to as 'copy drugs'?

It refers to a medicine that is made using the disclosed technology of an original medicine whose patent has expired, and has the same main ingredient, content, formulation, efficacy, and dosage as the original medicine. It is a product that has been recognized by the pharmaceutical management agency of each country, such as the Ministry of Food and Drug Safety, as a product equivalent to the original medicine through a pharmaceutical equivalence test.

 A new medicine that a pharmaceutical company first makes is called an original. This medicine is protected by a patent. Generally, a patent is protected for 20 years from the date of application, but considering the period of product development, the actual effective patent period is about 15-18 years. Unlike other products whose sales volume drops sharply as the patent expiration date approaches, pharmaceutical sales tend to increase rapidly, so the patent protection period is often extended for several years. For this reason, the United States has been implementing the Patent Term Extension (PTE) system since 1984.

 Patent term extension is a system that extends the term of a patent for a certain period of time in cases where the patent cannot be actually enforced due to a long period of time required to obtain regulatory approval (Regulatory Review Period; RRP) during the patent term. After this system was introduced in the United States, other countries have introduced similar systems one after another. Korea also introduced the substance patent system in 1987, and the patent term extension system has been implemented since 1999. Multinational pharmaceutical companies devise protection strategies to effectively utilize the patent term extension system, and generic pharmaceutical companies devise various methods to avoid their patent extension strategies.

 With blockbuster diabetes treatment drugs set to expire one after another in the next three years, generic pharmaceutical companies are seeking various patent strategies to quickly enter the market and take the lead.

 The FDA is publishing the Orange Book to provide information on the evaluation of therapeutic equivalence of various prescription drugs to pharmacists in the United States. The Orange Book contains patent information on approved new drugs, and is used as important data for resolving pharmaceutical patent disputes. WIPS Global provides an FTO Generic search service by implementing a convergence service that links the Orange Book and US patents. Let’s take a look.

wipsglobal.com> FTO Generic

This is the Orange Book search field. You can search from three perspectives: product information, exclusive information, and related patent information (US registered patents).

wipsglobal.com> FTO Generic

 This is the search results screen. Based on the FDA application unit field, the corresponding product field is grouped (product number, type, pharmaceutical product name, patent number, dosage form; administration route, content, therapeutic equivalence code, reference drug) and displayed as a list.

wipsglobal.com> FTO Generic

 Click on the FDA application number to check the detailed information of the corresponding application information. This is a page that provides all the information held by the Orange Book. You can see product information, exclusive information, and related patent information (US registered patents) of the FDA application.

wipsglobal.com> FTO Generic

 Click on the patent number of the related patent (US registered patents) to go to the View Details and check detailed information such as bibliography, claims, description, trial/litigation, and chemical compounds.

wipsglobal.com> FTO Generic

 The related patent list is connected to ‘My Folder’ and ‘Easy Viewer’, so you can save it in My Folder or quickly review multiple patents.

wipsglobal.com> FTO Generic

 We provide a list of pharmaceutical patents that can be freely implemented. You can review the list of expired pharmaceuticals by selecting the year of expiration and the year of upcoming expiration.


 So far, we have looked at the FTO Generic search features provided by WIPS Global. 

Please make use of FTO Generic to view detailed information on new drugs and related patents from the Orange Book.




 

[International IP Briefing] JP, US

JP 

Patent Result Co.,Ltd in Japan announces ‘Pharmaceutical Industry Patent Asset Size Ranking 2024’

On October 30, 2024, Japanese Patent Result announced the ‘Pharmaceutical Industry Patent Asset Size Ranking 2024 (特許資産規模ランキング2024)’, which comprehensively evaluated the quality and quantity of patent assets held by each pharmaceutical company based on the Patent Result company’s own classification.

The Patent Result company assumed the patents held by companies (patent registrations approved by the Japan Patent Office, and not expired or abandoned) as ‘patent assets’ and calculated the patent score as an index for comprehensively judging the size of patent assets.

∙ The TOP 3 were ranked by evaluating patent scores for patents registered for one year from April 1, 2023 to the end of March 2024. F. HOFFMANN LA ROCHE ranked 1st, Merck ranked 2nd, and Pfizer ranked 3rd.

∙ Among La Roche’s most notable patents are ‘Novel heterocyclic compounds for the treatment of autoimmune diseases’ and ‘Thermal treatment device for in vitro diagnostic test samples’, and both technologies have been applied for in Japan, as well as with the EPO, the US, China, and other countries.

∙ Merck, ranked in 2nd, include ‘physical object tracking system for preventing product counterfeiting using automatic identification and authentication technology’ and ‘purification process for biopharmaceuticals and plasma derivatives using cellulose-containing filter materials’.

∙ Pfizer’s notable patents, ranked third, include technologies related to ‘antibodies that specifically bind to proteins (CD3) and their use to regulate immune responses and inhibit tumor growth’ and ‘cancer treatment inhibitors with desirable properties such as high crystallinity, purity, and stability.’

 

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US

The U.S. Artificial Intelligence Safety Institute (USAISI) announces the launch of the Testing Risks of AI for National Security (TRAINS)

On November 20, 2024, the U.S. Artificial Intelligence Safety Institute (USAISI) announced the formation of the Testing Risks of AI for National Security (TRAINS) Task Force (hereinafter referred to as the TRAINS Task Force).

USAISI, an agency within the National Institute of Standards and Technology (NIST) of the U.S. Department of Commerce (DOC), launched the TRAINS Task Force for National Security by bringing together partners from across the U.S. government to identify, measure, and manage emerging national security and public safety implications of rapidly evolving AI technology.

The TRAINS Task Force is chaired by USAISI and is comprised of four federal agencies (①-④). Each agency will provide expertise and resources to the TRAINS Task Force and collaborate on the development of new AI evaluation methods and benchmarks, as well as conduct joint training for national security risk assessment.

①The Department of Defense (DOD), including the Chief Digital and Artificial Intelligence Office (CDAO) and the National Security Agency

②The Department of Energy (DOE) and ten of its National Laboratories

The Department of Homeland Security (DHS), including the Cybersecurity and Infrastructure Security Agency (CISA)

The National Institutes of Health (NIH) at the Department of Health and Human Services (HHS)

Purpose and Role

∙ The TRAINS Taskforce, comprised of experts from U.S. federal agencies, aims to solve national security issues and strengthen America’s AI leadership.

 It will enable collaborative research and testing of advanced AI models in critical national security and public safety areas, including radiological and nuclear security, chemical and biological security, cybersecurity, critical infrastructure, and military capabilities.

 It will also maintain America’s leadership in AI development and prevent countries from misusing American innovation to undermine our national security.

- (Related)

Enabling safe, secure, and trustworthy AI innovation is not just an economic priority – it's a public safety and national security imperative,” said U.S. Secretary of Commerce Gina Raimondo. “Every corner of the country is impacted by the rapid progress in AI, which is why establishing the TRAINS Taskforce is such an important step to unite our federal resources and ensure we’re pulling every lever to address the challenges of this generation-defining technology. The U.S. AI Safety Institute will continue to lead by centralizing the top-notch national security and AI expertise that exists across government in order to harness the benefits of AI for the betterment of the American people and American business.”

clipartkorea.co.kr

  

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11.28.2024

Cooking tools for making food and its patents

 

  Recently, a cooking competition program called 'Culinary Class Wars' on Netflix has become very popular in Korea. When you watch chefs selected from all over the country compete and collaborate to create artistic dishes, you can't help but get absorbed in it without realizing how much time has passed. This time, let's learn about the various cooking tools and patents that make food.

 The world of various cooking tools

  When you watch cooking programs, you can see not only cooking, but also various and novel cooking methods that you can't usually see. From molecular cooking machines that make dishes with molecules to sous vide machines that slowly heat ingredients in a vacuum, there are so many different cooking tools. Let's find out what technology was used to create these cooking tools.

clipartkorea.co.kr

Sous vide machine that heats and warms meat with water instead of fire

 'Sous vide' refers to a cooking method that slowly heats food such as meat in a sealed bag with water at a precisely calculated temperature. The core principle of this sous vide cooking method is to accurately determine the temperature at which the protein denaturation begins and to adjust the temperature and time to denature it exactly as the chef wants.

Michelin Guide
(source: https://guide.michelin.com/kr/ko/article/features/%EC%88%98%EB%B9%84%EB%93%9Csous-vide%EB%9E%80 )

  In particular, meat has the characteristic of becoming softer as it cooks, but hardens again when overcooked, so it is said that the meat is most delicious and nutritious when cooked at a temperature of 50-65 degrees for a long time to minimize denaturation. In the end, since precise temperature control is the most important for sous vide cooking, the key is which cooking tool you use to do sous vide. I was able to find out that there are various sous vide machines.

First, let's take a look at the most basic sous vide machine.

  This device is made to evenly transfer heat to meat products, and is designed to circulate fluids harmoniously by discharging microbubbles inside the tube where meat products are put. The feature of this device is that the impeller is installed inside the tube, allowing smooth air injection to maintain heat distribution and optimal temperature control.

wipsglobal.com
KR10-2022-0116132, 'Full flat reclining device for camping vehicle'

  Meanwhile, a sous vide device that does not require vacuum packaging, which is considered essential for sous vide cooking, has also been developed. In fact, sous vide cooking increases cooking time and is inconvenient due to the process of putting preprocessed food in a vacuum packaging bag and performing a vacuum. Therefore, this device was designed to reduce this vacuum packaging process and implement the same vacuum packaging effect. The main principle is the use of a unique fixing unit that enables sealing and vacuum effects.
wipsglobal.com
KR10-2022-0166548, 'Sous vide device that does not require vacuum packaging'

  It is said that the vacuum effect is implemented by fixing the fixing unit to the stand and supporting the storage medium by moving the fixing stand. In addition, it is said that it is equipped with additional devices such as sensors, timers, and abnormal condition notification devices so that the user can set the desired temperature and time, making it easy to perform other tasks while the material is being sous vide.

Noodle maker and pasta maker

 This is the most basic ‘noodle maker’ for pasta. This noodle maker is a noodle maker that can directly make various types of noodles such as pasta, noodles, and udon noodles.

wipsglobal.com
KR20-2017-0005323, 'Apparatus for making noodles'

  However, this noodle maker is designed to maintain a constant noodle thickness by making up for the disadvantage of the uneven thickness of the pulled noodles. The operation method is simple. This is a method where you put kneaded flour between the rollers of a noodle maker and turn the lever so that the rollers rotate and thin noodles are pulled out.

  There is also a portable, fully automatic pasta production device that allows you to make your own pasta dishes. Even simple-looking pasta dishes actually require a lot of processes, including direct measurement and addition of dough for the noodles, as well as final completion.

wipsglobal.com
KR10-2024-7005208, 'A pasta product production device and method of use thereof'

  With this device, you can make delicious pasta in no time with just one click order. The pasta production device is equipped with a powder distribution function to evenly distribute the flour, a water distribution function, and additive injection function. When the motor is turned on, these functions perform their roles well and you can perfectly cook the pasta you want.

Nitrogen-created melted foam and cream ‘Espuma’

  Espuma is a technique that creates foam using a whipped cream dispenser. Nitrogen gas can be injected into various liquid or puree materials to create a light and soft foam.

(source: https://rchemyagent.com/shop/item.php?it_id=1477648360 )

  What technologies and devices are there for Espuma? First, let's look at the nitrous oxide supply device. It is a device that can safely supply nitrous oxide used when making whipped cream in restaurants and cafes. This device has a pressure control unit that can simply control the flow of nitrous oxide, a safety unit, and 1st and 2nd valves, so it is said that simple pressure control and safe injection into a whipping machine are possible.

wipsglobal.com
KR10-2020-0111560, 'A nitrous oxide dispension apparatus'

  There is also a whipping cream maker. This whipping cream maker is that can form high-quality whipped cream by mixing only cream and whipping gas and minimizing the amount of air. This machine is equipped with a special part called a ‘elasticity bag’ (like a flexible pocket), and have an excellent effect of minimizing impurities such as air even when the bag is filled with cream and nitrogen gas is injected.

wipsglobal.com
KR10-2013-0003993, 'Whipped cream making device'

The world of cooking tools, even more exciting in the future

  This time, we learned about the technology of cooking tools. Cooking has now become a new field where science and technology meet. Now that we can easily access Michelin-starred food, we look forward to seeing what kind of food and cooking tools will catch our eyes and mouths in the future.

clipartkorea.co.kr




 


Massagers taking care of my fatigue and its patents

 

  How do you manage fatigue and stress? You probably solve them in various ways, such as eating delicious food or watching an interesting movie. Recently, as massage chairs and massage machines that are easy and convenient to use have increased, the number of people using them to manage fatigue has increased significantly.

  In this issue, we will learn about the technology of various massagers, including massage chairs and portable massagers.

clipartkorea.co.kr

Modern people's 'stress'

  We often say that 'stress is the origin of all illnesses'. Stress is a negative factor that can cause diseases that even didn't exist before. It seems that modern people who live busy lives are forever carrying stress. According to a survey of office workers, 7 out of 10 people have experienced stress and burnout due to work. Perhaps massage chairs and massagers that relieve accumulated toxins and tension could be an alternative.

  Recently, massage chairs are equipped with various convenient functions, so it would not be an exaggeration to say that they are the 'crystallization of technology'. What technologies are there?

 A massage chair that can perform cycle mode

  This is a massage chair recently introduced by ‘Bodyfriend’. The invention consists of a body massage section and a leg massage section where each leg operates independently. When the user activates the cycle mode, it effectively relaxes the muscles around both legs and the pelvis while lying down as if riding a cycle.

wipsglobal.com
KR10-2023-0028128, 'Massage device performing cycle mode'

  Bodyfriend named this technology ‘Robowalking Technology’ and was the first in the massage chair industry to register a patent for cycle mode. It is said that the cycle mode helps exercise not only general users but also users with lower body discomfort, increasing its usability as a medical device.

Bodyfriend's 'Medical Pharaoh' equipped with cycle mode
(source: bodyfriend.co.kr)

  Bodyfriend also developed a massage chair that induces comfortable sleep for users. It is said that this technology focuses more on helping users with physical disabilities sleep comfortably than on convenience. In particular, patients with sleep disorders have a very hard time getting a good night sleep due to lower body tremors that occur even during sleep.

wipsglobal.com
KR10-2023-0170088,
'Massaging method and massaging apparatus for improving sleep of an user'

  When lying down on Bodyfriend's main massage chair, the lower body massage module that moves individually fixes the user's lower body stably, inducing a comfortable sleep for patients with lower body discomfort.

  The following is a massage chair equipped with a foot massage module. While the previous technologies focused on full body massage including the lower body, this technology focuses on massaging the feet.

wipsglobal.com
KR10-2022-0082457, 'Massage device with foot massage module'

  This massage chair is said to have a freely adjustable roller base height and an airbag that massages the instep and Achilles tendon, providing a cool massage to the entire foot.

Portable massager that cools only the desired area

  Massage chairs are expensive and large appliances, so it’s not easy to buy. Recently, simple and inexpensive portable massagers are increasing. What kind of technologies are there?

  This is a ‘vibration and heating massage stick’ that we can hold in our hand and massage here and there. This massage stick uses a rotating massage stick to easily massage the area that needs massage, and it is equipped with a heating function, so it is said that it is possible to provide a warm and comfortable thermal vibration massage to the massage area.

wipsglobal.com
KR10-2021-0172671, 'Vibration and heating massage stick'

 ‘Hutech’ has developed a practical portable massager. It is an eye massager. It was found that existing eye massagers were insufficient in stimulating the muscles or blood vessels around the eyes due to mechanical direct stimulation.

wipsglobal.com
KR10-2021-0030213, 'Massage apparatus for eyes'

  This eye massager developed by Hutech is said to be designed to effectively stimulate and gently massage only the essential acupressure points around the eyes to prevent dry eyes.

  The last is a triangle cushion with a massage function. When sitting down, we often sit with a cushion on our backs. This technology is designed to make it easy to fold, unfold, or separate the triangle cushion, so that the user can lean back or lie down on the cushion.

wipsglobal.com
KR10-2021-0152546, 'Motion change triangle cushion with massage function'

Massage chairs and massagers gradually evolving in technology

  In this issue, we learned about the patented technologies of massage chairs and various massagers. It was interesting to see that various products and technologies have developed from simple massages and massagers to now serve as medical devices. Let's look forward to how far the development of massage chairs and massage machines that relieve our fatigue and even cure diseases will continue.

Eye massager
(source: i-hutech.com)






10.23.2024

Accurate analysis, Easy understanding- AI features of the WIPS Global

 

Patent analysis is a very important task for companies and researchers, but the process is quite complex and time-consuming. Even if the technical content is disclosed in detail, patent analysis is still a difficult task even for experts due to numerous manual tasks and technical and legal jargon. Recently, as artificial intelligence (AI) technology has rapidly developed, AI-based features are being introduced in patent analysis. The AI tool is becoming great help not only to patent experts but also to researchers.

There are various patent works that utilize AI, but let's take a look at a few of them.

● Translation

Patent documents are written in various languages, and translation is essential to understand them. Existing patent search engines often provide them using translation engines. The AI ​​multilingual translation can translate patent documents and summarize key contents, and it is evaluated that the translation of the latest technical terms is also natural.

● Understanding and summarizing technical terms

Since patent documents contain very specialized technical terms, it is not easy to accurately understand and analyze them. AI technology can quickly learn massive data to accurately recognize and process technical terms. You can accurately analyze patent documents, identify technical details, and summarize them in general terms to help you easily understand the contents of the patent.

● Discover new business opportunities

You can analyze patent documents with AI technology to discover various technical fields to which the patent can be applied. This can be used to obtain new ideas during the R&D process or to find new business opportunities using existing patents.

● Establish patent strategies

Patent classification and analysis using AI can be one of the most optimized technologies for identifying technological trends. It quickly processes and efficiently analyzes large amounts of data to help companies establish comprehensive and accurate patent strategies. You can classify and monitor patents not only for your company but also for your competitors and use them to establish R&D strategies.

clipartkorea.co.kr

WIPS Global provides various AI features that can be appropriately utilized for the practices described above. Let's take a look at a few.

AI Summary - This feature allows you to easily and quickly identify the specific contents of an invention by category, from the technical field to the effect. Based on generative AI, the description of the invention is summarized in easy terms instead of difficult terms, allowing the background technology, technical features, and effects of the patent to be understood more quickly and easily.

wipsglobal.com> AI Summary

Provides a summary by 5 categories. Considering the structure of the specification, it provides a summary of the core contents of the relevant patent regarding the technical field, technical problem, technical solution, key features and effects.

It helps to understand the meaning between technical keywords and phrases and summarizes them in general terms to easily understand the patent contents.

AI Search - Quickly finds the information the user wants from millions of data based on keywords or topics (technical content, papers, journals etc.). By extracting similar patents based on specific patents or technologies designated by the user, the user can save time and money while searching for the desired patent information more efficiently.

wipsglobal.com> AI Search

Up to 300 similar patents are searched in order of high similarity by simply entering a sentence. Re-search is possible based on chart-type search results and specific patents. You can also search for the interested technology using 35 types of technical classification information, allowing you to efficiently look through patents.

For more details on the ‘AI Search’, please refer to the previous issue (Webzine #21)

https://wipscorp.blogspot.com/2023/06/no-queries-ai-search-by-neural-network.html

AI classification and analysis - AI is used to analyze technology trends or find similar patents using patent data. AI can quickly analyze large amounts of patent data, so it is used to identify patent trends and analyze technology competitiveness.

WIPS Global's Insight Plus is a feature that maximizes work efficiency by applying AI to patent classification and analysis to effectively process and analyze large amounts of patent information. From complex technology classification to creating chart and report, you can conduct patent analysis more easily and conveniently.

wipsglobal.com> Insight Plus> AI classify

You can obtain accurate results by performing AI automatic classification to create a technology tree. Unclassified patents can be reclassified by selecting similarity according to the learning documents.

wipsglobal.com> Insight Plus> Charts

You can check the charts for all documents at a glance by field. You can analyze charts from various perspectives, such as analyzing the status of technology development activities by country, the company's main technology fields, and the status of market entry.

wipsglobal.com> Insight Plus> Report

You can create a report with the analyzed data. The generated report can be edited not only with charts but also with data. You can download the report you created or share it through a web report.

For more details on the 'Insight Plus' , please refer to the previous issue (Webzine #22)

https://wipscorp.blogspot.com/2023/08/insight-plus-entire-process-of-patent.html


We have looked at several features utilizing artificial intelligence (AI) of the WIPS Global. AI technology is also suggesting a new direction and bringing about changes in the patent industry. We hope you will increase the efficiency of your work with features that effectively utilize artificial intelligence.

 



[International IP Briefing] US, KR

 

US

US Information Technology & Innovation Foundation released the report, 

‘How Innovative Is China in AI?’

On Aug. 26, 2024, the US Information Technology & Innovation Foundation (ITIF) released the report ‘How Innovative Is China in AI?’1) (https://itif.org/publications/2024/08/26/how-innovative-is-china-in-ai/)

 (1) Status of AI in China

While the US has been at the forefront of AI innovation, benefiting from leading universities and solid technology, China has emerged as a strong competitor over the past decade.

Due to the strong education and innovative research of Tsinghua University in China, the world's top four AI startups, including Zhipu AI, Baichuan AI, Moonshot AI, and MiniMax, are mostly Chinese AI startups founded by Tsinghua University faculty and alumni.

China is currently conducting more AI research than the United States, and is rapidly narrowing the performance gap with the United States' Large Language Model (LLM) in bilingual benchmarks, surpassing the United States in terms of research scale.

In terms of AI patents, China has also granted the most AI patents since 2013. Specifically, as of 2022, China has filed about four times more AI patents than the United States, and the CNIPA (China National Intellectual Property Administration) has granted about three times more patents than the United States Patent and Trademark Office (USPTO).

Number of AI patents in 2022
<source: itif.org>
https://itif.org/publications/2024/08/26/how-innovative-is-china-in-ai/ 

The reason for China's rise in AI is analyzed to be the strong government support for promising AI companies regardless of location or performance indicators, and the Chinese government's venture capital funds are evenly distributed throughout China, including underdeveloped inland regions.

In addition, China's Jifu AI recently received a $400 million investment from Saudi Arabia's Aramco, and has begun to attract overseas investors in the AI ​​field. As a result, China's AI startup ecosystem is narrowing the performance gap with the United States.

(2) Strategy for the United States

The United States should focus on maintaining its leadership in AI innovation, and in particular, the US Congress and the White House should establish a comprehensive national AI strategy and provide funding to achieve the two goals of 'AI development' and 'AI adoption'.

AI Development

To implement this goal, U.S. policymakers should consider the following tasks: ① Stimulate private investment in AI R&D, ② Revitalize the federal funding process for AI, ③ Avoid policies that undermine U.S. AI leadership and bolster Chinese competitors, and ④ Develop a national data strategy to dramatically expand the availability of data for training AI models.

- AI Adoption

To implement this goal, U.S. policymakers should consider the following tasks: ① Create a national AI roadmap for adoption, ② Prioritize the rapid adoption of AI in the federal government, ③ Support digital transformation, and ④ Incentivize AI workforce training investment.

(Related)

ITIF Senior Policy Manager Hodan Omaar, the author of the report, analyzed that the US policy approach focused on suppressing China's AI development, including strict export controls, will be counterproductive in the long term

He also expressed concern that "China is now building an AI innovation ecosystem comparable to that of the US, producing cutting-edge models that surpass global competitors, and if this trend continues, the US may soon find itself in a position to imitate China."

1) For the original text of the report, refer to the following link: https://www2.itif.org/2024-chinese-ai-innovation.pdf

 

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KR

Korea Advanced Institute of Science and Technology (KAIST) surpass US$7.3 million with Video Compression Technology Patents.

On Oct. 2, 2024, Korea Advanced Institute of Science and Technology (KAIST) announced that the video compression technology, a source technology secured through the university's research and development, was first registered as a core patent for international standards, and the total accumulated technology fees exceeded US$ 7.3 million.

 ∙ The video compression technology patent promoted by the KAIST Institute of Technology Value Creation (ITVC)1) exceeded US$ 7.3 million in total accumulated technology fees after being registered as a core patent for international standards.

∙ The patent is a high-efficiency video compression technology (HEVC) developed by Professors Moon-Cheol Kim and Hyun-Wook Park of the Department of Electrical and Electronic Engineering in 2014. Together with Columbia University, it was the first university to be registered in the international standard patent pool, securing a total of 246 standard patents, including devices and software for compressing and decompressing digital images.

∙ HEVC (H.265) is an international technology standard created to efficiently compress large-capacity video data with UHD ultra-high definition resolution, and can be applied to various ultra-high definition videos such as TV, broadcasting, smartphones, action cams, CCTV, and real-time streaming.

∙ In order to utilize various patents required for video playback, the Access Advance (formerly HEVC Advance) patent pool selects HEVC technologies to form standard patents and acts as an agent for licensing.

∙ The HEVC-related market has reached a full-fledged growth stage, and while other standard technologies are in the early stages of growth, KAIST achieved approximately US$3.95 million  in technology royalties from Amazon, Apple, Google, etc. in 2024 alone.

∙ Lee Geon-jae, the president of the KAIST Technology Value Creation Institute, said, “In order to advance KAIST’s technology commercialization, we plan to increase economic value in the global market by strengthening the Technology Licensing Office (TLO), which is actively working to foster standard patents, and the linkage between intellectual property, industry-academia cooperation, and technology transfer.”

∙ He also said, “In particular, through the newly established Technology Transfer Headquarters, we plan to invest intensively in the future core KAIST industries of standard patents, 5G/6G communications, bio/pharmaceuticals, quantum/AI semiconductors, and emerge as a mecca for university technology transfer.”

https://itvc.kaist.ac.kr/

1) KAIST Institute of Technology Value Creation was established to create a virtuous cycle of continuous value creation and innovation by utilizing KAIST’s research results to discover high-quality intellectual property, and to spread it to the global society in all directions to increase technological value and return economic value to KAIST (Source: KAIST).

 

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