The Only Specialized Global Intellectual Property News Agency
A Member of Talal Abu-Ghazaleh Global

Boom in COVID-19 Fighting Tech; China, USA, Republic of Korea, Germany, and UK Lead - WIPO

25-Apr-2023 | Source : The World Intellectual Property Organization (WIPO) | Visits : 1422

GENEVA - Innovators around the world have filed thousands of patent applications for new technologies to battle the COVID-19 pandemic, with the vast majority of the envisioned products related to therapies to help stricken patients, a new WIPO report shows, a press release stated by the World Intellectual Property Organization (WIPO).

Overall, China, USA, Republic of Korea, Germany and UK were the leading origins of the 7,758 patent applications filed between January 2020 and September 2022, according to the newly published “Patent Landscape Report: COVID-19-related vaccines and therapeutics.”

Among the patent applications, which are one measure of human innovative activity, some 4,787 were for therapeutics meant to help people already infected with the coronavirus that causes COVID-19 – including nearly 10 percent of the patents based on traditional medicine. Some 1,298 of the applications were for vaccine development.

"The speed of innovation in this field has been built on a foundation of scientific research and R&D investment stretching over decades, which in turn, has been supported by the incentives provided by the global IP ecosystem.

This patent landscape report provides researchers, decision makers and other stakeholders with insights into how the patent system has adapted and responded to the challenges of the last two and a half years." WIPO Director General Daren Tang.

Other key findings include:

 

• China leads the origin of patent applications in both vaccines and therapeutics, followed by the United States, Germany and the Republic of Korea for vaccines, and the United States, Republic of Korea and India for therapeutics.

• Patent filings were almost evenly split between companies and research organizations: 52 percent and 42 percent, respectively, for vaccines, and 49 percent and 38 percent, respectively, for therapeutics.

• Antibodies are the fastest growing type of biologic therapeutics, accounting for about one-third of the patents filed in this category. Their newly developed virus-neutralizing form represents a new class of antivirals.

• About a quarter of the applications filed had more than one assignee, indicating collaborations among companies and research organization.

 
share



Related Articles