"the core technology is our lifeline, and now with this policy, it's safer to develop innovation!" formerly, the economic development agency of the changshao-hakai district and the china taishu insurance and risk hunan branch served the patent insurance policy on behalf of hunan-zu biotechnic co. Ltd. On that day, the biotechnology corporation successfully insured its patents for two of its core biotechnological inventions, while the long-saloon zone regulatory commission would pay its full “pay” first-year premium。

Biomedicine research and development has a large and long cycle, and core technology patents are the most valuable asset of enterprises. However, in the face of potential violations, the high cost of advocacy — tens of thousands or even hundreds of thousands of investigative fees, lawyers' litigation fees and uncertainty about the outcome of advocacy — is often prohibitive for scientific and technological enterprises such as nasal creatures。
In an effort to break down the malaise of enterprises and effectively “protect” the innovation, china's taipei risk and risk hubbard has responded positively by innovating intellectual property insurance products. China’s head of hwangnan, china’s insurance company, says, “we hope that, through this success story, more companies will be made aware of and apply intellectual property insurance tools to protect their innovation. To make innovation and development more secure in the long sandy zone.”
It has been known that two core patents for nasal ancestor organisms, “a method to induce the directional separation of mucous membrane-filled stem cells into dopamine capable neurons”, have a combined premium of $1. 6 million for patent enforcement insurance and additional tort loss insurance. The policy is like a “save armor” for core technology。
“it's too important!” the head of the nasal ancestor said with excitement, “now that we no longer need to worry about the costs of defending our rights, we can act first. The costs of obtaining evidence and bringing a lawyer to court were “burdened” by the insurance company, and damages were incurred if the fight was won. China’s government has been able to focus its energy and financial resources on research and development innovation, so that we can truly feel the support for “technological security and innovation.”
The landing of hunan's first intellectual property insurance is a microcosm of china's high-quality development in terms of professional advantages, deep-tilled technology and finance, and services. In recent years, china's taipei has actively served the country's innovation-driven development strategy, accelerated technological and financial breakthroughs, continued and intensified research on the full life cycle risks of science and technology enterprises, protected emerging industries such as integrated circuits, biomedicine, artificial intelligence, low-altitude economies, and launched products from a variety of industries, explored the pip model, provided risk security and financial support for the development of new quality productivity, and helped the country achieve high-level technological self-reliance。




