TIPS^®  Taiwan Intellectual Property Special

Bio-Tech Intellectual Property Can Be Security for a Loan

The Corporation Law, newly amended in November 2001, allowing “technology” to be investment capitals. Lots of high-tech companies have been supported capitals by parent or other companies, with their own technology investment, converting technologies into a form of capitals.

The Industrial Development Bureau in the Ministry of Economic Affairs announced the possibility for intellectual property as security interests for loans by the biotechnology research industry. As biotechnology becomes investment capitals, it can be expected that the appraisal of intangible properties will become a profitable market. For science and technology industries’ secured loans, the needs for financial institutions of professionals to appraise the intangible assets will definitely emerge. Furthermore, the biotechnology industry will be able to mortgage their intellectual properties to banks, facilitating investment by intangible assets.