Patent auction

Seven patent technologies were sold at a total of 33.86 million yuan at a patent auction during the Second China Shanghai Patent Technology Exhibition and Exchange Week.

The patent technologies cover areas such as energy saving, environmental protection, electronics and bio-pharmaceuticals, including non-service inventions and top patent technologies in bio-pharmaceutical sector.

Patent auction is an internationally common practice of patent transfer and exchange. This is the first time for Shanghai Patent Technology Exhibition and Exchange Week to conduct patent auction.

(Source: China Daily)

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