The Korean Invention Promotion Association (KIPA) completed the final evaluation meeting on February 26, 2019 in Seoul, Korea and have selected “Menjong Sorig Pharmaceuticals Cooperation Ltd.” with the “Smart Herb Dryer” as well as the Brand for its related product for the Intellectual Property (IP) Sharing Project in 2020.
Starting last August, KIPA received a total of 54 proposals from 13 countries for the 2020 “Appropriate Technology” (AT) and “One Village One Brand (OVOB)” Project. In the second phase they have shortlisted 10 proposals from four countries (Bhutan, Ethiopia, Mongolia & Vietnam). In February this year, three officials from KIPA were in the country for a week-long site visits to finalize the selection of project proposal in consultation with the local agencies. After carefully reviewing all proposals with specialists in the related fields, they conducted an intensive literature research and feasibility studies.
The proposal, “Medicinal Plants/Herbs Drying Technology” has been selected for the Intellectual Property Sharing Project in 2020. The project will begin next year (late March of 2020) and this year they are going to conduct a prior art search (pre-existing patent/invention search) for the project.
The KIPA is a non-profit organization based in Seoul, South Korea, which was established as an affiliate organization of the Korean Intellectual Property Office (KIPO) and AT & OVOB Project is a part of the Official Development Assistance (ODA) programme of the Korean government.