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www iptoday com intellectual property today news register login home issues news classified jobs reports poster subscribe links contact rfc express 2015 top patent firms 2014 top trademark firms advertising opportunities click here back to business finance news leading korean life sciences company kael gemvax appoints cpa global to manage renewals of patents thursday march 13 2014 kael gemvax a leading korean life sciences company has appointed cpa global the world s top intellectual property ip management specialist to manage renewals of patents in its expanding ip portfolio with a core part of its business focused on medical science and pharmaceutical research and development including anti carcinogenic vaccines kael gemvax has a growing portfolio of valuable patents which it needs to protect and manage both at home and abroad the company realized that in continuing to expand internationally and seeking to differentiate itself in the life sciences industry it needed a global service provider to help strengthen the protection of its key ip assets manage its ip portfolio more cost efficiently and mitigate risk around patent renewals by partnering with cpa global kael gemvax can better understand the commercial viability and legal strength of its current ip assets as well as the broader ip landscape to which those assets relate enabling the company to make more informed decisions in developing a comprehensive ip strategy domestically and internationally under the agreement cpa global will be responsible for renewals of kael gemvax s existing patents as well as those currently under application both in south korea and overseas kael gemvax will also be able to use other cpa global services such as patent search and analytics to help assess the strength and effectiveness of its ip portfolio in line with market developments and competitor activity kael gemvax is a high performance life science technologies company primarily focusing on the development of biological drugs one of its main product areas is from norwegian cancer vaccine company gemvax a s which it acquired in 2008 ms lee mi hyun patent lawyer and ip team leader at kael gemvax commented our ip is vitally important to the company s future growth and development so we needed a service provider who could ensure protection of our valuable intellectual assets around the world while also delivering significant cost efficiencies in the management of our expanding ip portfolio we selected cpa global because of their extensive experience and expertise in managing patent renewals worldwide their highly efficient work processes their in depth industry knowledge and their ability to advise on a broad range of ip management issues working with cpa global will help us develop a more comprehensive and competitive ip strategy enabling us to strengthen our market leadership position particularly in the medical science and pharmaceutical area in addition to managing our renewals process they will be able to assist us in identifying opportunities to optimize the value of our ip assets both in korea and internationally through patent monetization steve kim cpa global s director for korea said we are delighted to be working with kael gemvax to help manage their valuable ip assets and to support the development and delivery of their global ip strategy kael gemvax is a company with a track record of thinking outside of the box this can be seen from its diversification into new product areas and also by its innovative approach to ip management and portfolio optimization by appointing cpa global to handle its renewals the company is able to free up their in house ip team to focus on more strategic work such as developing additional revenue streams from its prized ip assets about kael gemvax kael gemvax is an international leader in the life sciences sector especially in peptide therapeutics the company headquartered in gyeonggi province in south korea where it has a dedicated research and development center has high performance life science technologies such as cancer vaccine drugs and other novel biological therapeutics it was founded in 2008 when south korean manufacturing company kael co ltd changed its name to gemvax kael kosdaq 082270 and established kael gemvax as a subsidiary kael gemvax subsequently acquired norwegian cancer vaccine company gemvax a s about cpa global cpa global is the world s leading intellectual property ip management and ip software specialist and an international provider of outsourced legal services with offices across europe the united states and asia pacific cpa global supports many of the world s best known corporations and law firms with a range of ip and broader legal services helping them to manage risk cost and capacity and realize greater value for their businesses and ip assets cpa global helps corporates and law firms in managing valuable ip rights such as patents designs and trademarks ensuring that ip portfolios are protected maintained and regularly reviewed in order to maximize value working closely with its clients cpa global ensures they have the best information on which to base ip decisions and the best support in terms of helping implement those decisions services include patent portfolio optimization patent research and analytics patent and trademark renewals ip management software as well as other ip support services such as docketing trademark watching and domains management cpa global is also a leading player in the outsourced legal services sector providing high quality and cost efficient legal support services such as transaction support contract management anti bribery and compliance and legal research through delivery centers in the us and india founded in jersey channel islands in 1969 cpa global today employs more than 1 700 people serving clients needs in 200 jurisdictions through its own offices and an extensive agent network cpa global s diverse client list ranges from major global corporations headquartered in europe north america and asia pacific to small and medium sized enterprises and innovation start ups and from top international law firms to national and regional law and ip firms for further information please visit www cpaglobal com back to business finance news looking for sale auction executive search jobs blogs expert witness ip law firms patent tm searches patent drafting patent translations situations wanted sequence searching listing copyright 2015 intellectual property today home issues news classified jobs reports poster subscribe links contact legal statement privacy policy terms of use rfc express sitemap