INFORMATION GATHERING
There are vast numbers of plant species that are available around the world. Some have local traditional uses; some have been investigated scientifically; many have properties yet to be explored. Our first task is to build up a picture of the commercial potential of as many species as possible. To achieve that, we partner locally in countries to learn about traditional knowledge; we carry out literature searches to ascertain already known properties; and we assess all the facts from an industry perspective, including intellectual property possibilities. The information and local relationships are critical in our ability to identify suitable resources to progress, and for future negotiations of the various aspects of the access and benefit-sharing process.
At the same time, we take care to respect the cultural identity of indigenous peoples. We aim to bring value to the communities without conflicting with the local culture, nor with the continuance of traditional practices. Open and transparent communication is a key factor in all our activities. We ensure the full participation of all stakeholders in our processes and operations, so that they are fully in control of how their genetic resources and traditional knowledge are to be used.
INTELLECTUAL PROPERTY
If plant extracts, or chemical compounds isolated from them, are to be considered for commercial development, we must also consider the issue of intellectual property; and in particular patent protection. For a pharmaceutical product, the exclusivity that a patent provides is essential before any investment would be made to develop a product. In other industries, patent or trademark protection can be valuable, but nor essential. In all cases, IP protection will increase the intrinsic value of natural resources and maximize their commercial potential.
INDIGENA
has considerable expertise in IP and, at a minimum, we use an IP assessment in our selection of suitable plant species, by considering whether there is scope for research that could lead to a patentable result. In addition, we can build strong patent patent portfolios, if you need that. On the other hand, if you already have a patent department, or an existing association with a patent firm, that's fine too. We can always offer free patent advice as part of any collaboration.