Maywufa Company Limited (1731.TWSE) and PhytoHealth Corporation (4108.TWSE), represented Maywufa Biopharma Group, were certified by the Ministry of Economic Affairs (MoEA) the Certificates of Taiwan Intellectual Property Management System (TIPS) on November 27. Maywufa Biopharma Group was honored as a demonstration group for TIPS implementation in April this year and became the first and the only biopharma group fulfilled the requirement of TIPS.

 

TIPS is a program promoted by MoEA for establishing an efficient and systematic process for IP management for Taiwanese enterprises. Through the implementation of TIPS and the standardized IP management system, Maywufa and PhytoHealth not only strengthen the process converting their IP into intellectual capital, but also enhance innovation capability, and maximize the competitiveness in global market.