Aker BioMarine awarded 4 krill innovation patents in Australia

Aker BioMarine awarded 4 krill innovation patents in Australia

Patents cover krill oil compositions currently sold in Australia, as well as extraction of krill oil from denatured krill products.

Aker BioMarine is pleased to announce the certification of Australian Innovation Patents No. 2012101332, 2012101333, 2012101334 and 2012101335 containing claims covering krill oil compositions currently being sold in Australia, as well as extraction of krill oil from denatured krill products, e.g. a krill meal or a powder. None of the granted claims are limited to krill oil extracted by any specific extraction method.

Innovation Patents are a particular patent variety available in Australia only. They provide eight-year protection for inventions that are novel over the prior art, and where the novelty-conferring feature substantially contributes to the function of the invention, but there is no inventive step requirement as for ordinary patents. Granted Innovation Patents are not enforceable until thoroughly examined by the Australian patent office, a process that was successfully concluded for all four patents on November 6th.

"These four new patents are now valid and enforceable in Australia. The low threshold for patentability of Australian Innovation Patents also makes it extremely difficult for a defendant to invalidate them, which is also why they are dubbed “the strongest patents in the world.” These grants represent a before/after moment for the booming Australian krill oil market and we now look forward to exploring new opportunities and business models with interested players," stated Matts Johansen, Aker BioMarine's COO.

 

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