Welcome!

News Feed Item

Leading Korean Life Sciences Company KAEL-GemVax Appoints CPA Global to Handle its Patent Renewals

ST HELIER, Jersey, March 13, 2014 /PRNewswire/ --


Innovator in bio-medical field seeks greater protection of intellectual assets and cost efficiencies in managing its expanding IP portfolio

KAEL-GemVax, a leading Korean life sciences company, has appointed CPA Global, the world's top intellectual property (IP) management specialist, to manage renewals of patents in its expanding IP portfolio.

     (Logo: http://photos.prnewswire.com/prnh/20130910/638525 )

With a core part of its business focused on medical science and pharmaceutical research and development - including anti-carcinogenic vaccines - KAEL-GemVax has a growing portfolio of valuable patents, which it needs to protect and manage, both at home and abroad.

The company realised that, in continuing to expand internationally and seeking to differentiate itself in the life sciences industry, it needed a global service provider to help strengthen the protection of its key IP assets, manage its IP portfolio more cost efficiently, and mitigate risk around patent renewals.  

By partnering with CPA Global, KAEL-GemVax can better understand the commercial viability and legal strength of its current IP assets as well as the broader IP landscape to which those assets relate, enabling the company to make more informed decisions in developing a comprehensive IP strategy domestically and internationally.

Under the agreement, CPA Global will be responsible for renewals of KAEL-GemVax's existing patents as well as those currently under application, both in South Korea and overseas. KAEL-GemVax will also be able to use other CPA Global services, such as patent search and analytics, to help assess the strength and effectiveness of its IP portfolio in line with market developments and competitor activity.

KAEL-GemVax is a high-performance life science technologies company, primarily focusing on the development of biological drugs. One of its main product areas is from Norwegian cancer vaccine company GemVax A/S, which it acquired in 2008.

Ms Lee Mi-hyun, Patent Lawyer and IP Team Leader at KAEL-GemVax, commented: "Our IP is vitally important to the company's future growth and development, so we needed a service provider who could ensure protection of our valuable intellectual assets around the world, while also delivering significant cost efficiencies in the management of our expanding IP portfolio. We selected CPA Global because of their extensive experience and expertise in managing patent renewals worldwide, their highly efficient work processes, their in-depth industry knowledge, and their ability to advise on a broad range of IP management issues.

"Working with CPA Global will help us develop a more comprehensive and competitive IP strategy, enabling us to strengthen our market leadership position, particularly in the medical science and pharmaceutical area. In addition to managing our renewals process, they will be able to assist us in identifying opportunities to optimise the value of our IP assets, both in Korea and internationally, through patent monetisation."

Steve Kim, CPA Global's Director for Korea, said: "We are delighted to be working with KAEL-GemVax to help manage their valuable IP assets and to support the development and delivery of their global IP strategy. KAEL-GemVax is a company with a track record of thinking 'outside of the box'. This can be seen from its diversification into new product areas, and also by its innovative approach to IP management and portfolio optimisation. By appointing CPA Global to handle its renewals, the company is able to free up their in-house IP team to focus on more strategic work, such as developing additional revenue streams from its prized IP assets."

About KAEL-GemVax

KAEL-GemVax is an international leader in the life sciences sector, especially in peptide therapeutics. The company - headquartered in Gyeonggi province in South Korea, where it has a dedicated research and development centre - has high-performance life science technologies such as cancer vaccine drugs and other novel biological therapeutics. It was founded in 2008, when South Korean manufacturing company KAEL Co. Ltd changed its name to GemVax & KAEL (KOSDAQ: 082270) and established KAEL-GemVax as a subsidiary. KAEL-GemVax subsequently acquired Norwegian cancer vaccine company GemVax A/S.

About CPA Global

CPA Global is the world's leading intellectual property (IP) management and IP software specialist, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world's best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and IP assets.

CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximise value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions. Services include patent portfolio optimisation; patent research and analytics; patent and trademark renewals; IP management software; as well as other IP support services such as docketing, trademark watching and domains management. CPA Global is also a leading player in the outsourced legal services sector, providing high quality and cost-efficient legal support services such as transaction support, contract management, anti-bribery and compliance, and legal research through delivery centres in the US and India.

Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,700 people, serving clients' needs in 200 jurisdictions through its own offices and an extensive agent network. CPA Global's diverse client list ranges from major global corporations, headquartered in Europe, North America and Asia Pacific, to small and medium-sized enterprises and innovation start-ups; and from top international law firms to national and regional law and IP firms. For further information, please visit: http://www.cpaglobal.com.

Media Contacts:

Steve Clark +44(0)20-7549-5504, [email protected]

Victoria Knowles +44(0)20-7549-4585, [email protected]


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"We focus on composable infrastructure. Composable infrastructure has been named by companies like Gartner as the evolution of the IT infrastructure where everything is now driven by software," explained Bruno Andrade, CEO and Founder of HTBase, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Tintri focuses on the Ops side of the DevOps, which basically is pushing more and more of the accessibility of the infrastructure to the developers and trying to get behind the scenes," explained Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...