USC made another milestone in the field of intellectual property protection by filing PCT application for two process inventions submitted by Dr. Evelyn Taboada and her BioPERC team. Dr. Taboaba teaches at the Department of Chemical Engineering.
With PCT USC, being the patent assignee/owner, can use or market these technologies and products without fear of competition in as much as PCT extends the exclusive rights (monopoly) to the assignee in the designated countries. It may also opt to license out the use of this technology with business partners who plan to operate in these countries. PCT application brings in more economic benefits to the University, the inventor, the business partner and the country.Source: Dr. Danilo Largo
24 April 2013