GBI Patent Related

Question 1

When was GBI’s USA patent approved?

Answer 1

30 March 2021

Question 2

Besides technology, what else did GBI develop that is noted in the patent?

Answer 2

Techniques (and Technology)

Question 3

What is the single word in the patent that describes the regenerative and repairing effects?

Answer 3

Superior

Question 4

What does WJ-MSC stand for?

Answer 4

Wharton’s Jelly Mesenchymal Stem Cells

Question 5

What is the single word that describes what the level of offered advantages over animal-derived collagen?

Answer 5

“Significant” advantages

Question 6

What is the primary kind(s) of properties that WJ-MSCs have?

Answer 6

Immunomodulatory properties

Question 7

What are the two immune responses that WJ-MSCs involve?

Answer 7

Innate and Adaptive immune responses

Innate immunity is the body’s first line of defence against pathogens. It is general and non-specific, which means it does not differentiate between types of pathogens.

Adaptive immunity is a type of immunity that is built up as we are exposed to diseases or get vaccinated.

Question 8

How many words is the patent description of GBIs extraction technology?

Answer 8

41 words

Question 9

How many words actually describe the patent in the Patent of Identification?

Answer 9

15 words

Question 10

When was the filing date of the Patent?

Answer 10

12 March 2018

Question 11

When is the END date of the Patent?

Answer 11

11 March 2038

Question 12

How much remaining time is left on the Patent

Answer 12

15 years, 6 months (15.5 years)

Question 13

When was the appraisal done on the value of company’s patented technology?

Answer 13

15 September 2022

Question 14

What is the type of GBI’s Patent and how long is it protected for?

Answer 14

Invention Patent, protection period is 20 years

Question 15

Fill in the blank: “The patent technology in this case has met the _______________ requirements of Patent Law.”

Answer 15

Protection

Question 16

What is the Evaluation Method based on?

Answer 16

It is based on the Actual Use Situation, International Valuation Law, the Market Approach and then uses the Contribution Ratio of the patent right to the overall value.

Question 17

What five (5) factors were analyzed and calculated in coming up with the value of this patented technology?

Answer 17

1) Operating products, 2) Industrial characteristics, 3) Marketability, 4) Future development and 5) Market share

Question 18

What industry is used for the appraisal of the patented technology rights?

Answer 18

Biotechnology industry

Question 19

What geographic market is the Appraisal scope based on?

Answer 19

United States

Question 20

What is the appraisal’s Technology Strength (TS) index?

Answer 20

75-80%

Question 21

What is the appraisal’s Product Input Index (PII)?

Answer 21

.3

Question 22

What is the appraisal’s Trade Specialization Coefficient (TSC)?

Answer 22

.3

Question 23

Fill in the two words in the following statement: “The value of the application of this technology (intangible intellectual property rights) is the ___________ ____________ that occurs along with the business production, and according to the scope of its business operations.”

Answer 23

Utility Value