The National Research Development Corporation (NRDC) has entered into a memorandum of agreement with CSIR-Indian Institute of Chemical Technology, Hyderabad for marketing the latter’s inventions/innovations, patents, formulations, know-how/processes and also collection of premia and royalties.

The Chairman & Managing Director of NRDC, H Purushotham, said CSIR-IICT has generated a large number of technologies, know-how/processes which can be transferred to industries for commercial exploitation and for social benefits.

The main strength of CSIR-IICT is its rich pool of scientists and PhD students numbering over 600. CSIR-IICT has active collaborations with several countries, including France, Germany, UK, Switzerland, Italy, USA, Australia, Japan, and Korea.

Patent awareness workshops

In another development, the NRDC has in association with the office of the Controller General of Patents, Designs and Trademarks (CGPDTM), launched a series of IPR awareness and capacity building workshops in 25 universities/institutions in 21 States.

The NRDC has filed over 1,700 patents for innovation from different segments, including SMEs/ researchers/students and individual inventors. It has also established an Intellectual Property Facilitation Centre (IPFC) with the financial support from MSMEs at Bengaluru.

The objective of the workshops is to create awareness about IP in academia in the wake of new IPR policy being launched by the Government of India and connecting IPRs to the 'Make in India’ and 'Start up India’ programmes, Purushotham said in a press release.

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