[Pharm-policy] China's Largest Gene Company Gets 3,700 Patents
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love@cptech.org
Mon Jul 9 01:30:04 2001
http://english.peopledaily.com.cn/200106/26/eng20010626_73501.html
Tuesday, June 26, 2001, updated at 08:14(GMT+8)
Sci-Edu
China's Largest Gene Company Gets 3,700 Patents
The largest gene technology company in China has applied for 3,700
patents at home and for over 800 patents from the International Patent
Cooperation Union abroad.
The patents involve genes dealing with cancer, obesity, high blood
pressure and senile dementia, which are of high value for clinical use
and new medicine development, sources said.
The Shanghai United Gene Technology Group Co. Ltd. set as its basic
strategy the obtaining of self-owned gene patents since its founding,
said the company's vice president.
With a total capital of 1 billion yuan (120 million US dollars), the
company is a privately owned enterprise which concentrates on genetic
cloning, gene sequence, biological information, genetic chips and gene
medicines.