Gyeonggawon Transfers '17 Patent Technologies' to 10 Companies in the Province

The Gyeonggi-do Economic Science Promotion Agency transferred 17 patents to 10 bio startups within the province.

On the 28th, the agency held the ‘2024 Bio Industry Headquarters Technology Transfer Contract Signing Ceremony’ at the Gyeonggi Bio Center in Suwon Gwanggyo Technovalley, attended by representatives of the 17 technology recipient companies, the agency announced on the 29th.

Since 2016, the agency’s Bio Industry Headquarters has filed about 20 patents annually and has provided 66 patented technologies to small and medium bio companies in the province so far.

This year, a total of 17 technology transfers were completed, achieving the highest number of technology transfers in history.

On the 28th, the Gyeonggi-do Economic Science Promotion Agency transferred 17 patented technologies to 10 companies within the province. Representatives of the participating companies are taking a commemorative photo. Photo by Gyeonggi-do Economic Science Promotion Agency

Specifically, the technology transfers include ▲12 cases of free technology transfer ▲2 cases of non-exclusive license agreements for excellent patents and technical know-how ▲1 case of technology assignment ▲2 cases of know-how technology transfer.

The free technology transfers were outcomes from the ‘Gyeonggi Bio Technology Bazaar’ held as part of ‘Bio Connect: Eum’ in September, expected to contribute to strengthening the technological competitiveness of bio startups in the province.

At the subsequent meeting, companies cited lack of research facilities and certification costs as difficulties in technology commercialization. To address these, the agency decided to provide shared research facilities at Gwanggyo Bio Hub, clinical trial support, and product commercialization consulting.

Kang Seong-cheon, head of the agency, said, "This technology transfer will enable bio startups in the province to secure core technologies and create a stepping stone for a new leap," and promised, "We will provide multifaceted support to foster an innovative bio industry ecosystem in the province together with Gwanggyo Bio Hub."