NMB, MyIPO sign deal towards strategic management of IP

(From left to right): Dr Rezal Khairi Ahmad, Chief Executive Officer of NanoMalaysia Berhad; Prof. Emeritus Dato’ Ir. Dr. Mohamad Zawawi Bin Ismail, Chairman of NanoMalaysia Berhad; and Abdul Haris bin Haji Lakar, Director General of MyIPO 

KUALA LUMPUR, Nov 15 – NanoMalaysia Berhad (NMB) recently signed a Memorandum of Understanding (MoU) with Intellectual Property Corporation of Malaysia (MyIPO) for the Technology and Innovation Support Center (TISC) programme.

The MoU will enable NMB to become a centre of excellence for intellectual property (IP) strategic management through the participation in IP training programmes, such as patent searching, patent drafting, IP commercialisation and IP marketing.

These programs will be conducted and coordinated by MyIPO, in cooperation with the World Intellectual Property Organization (WIPO), NMB said in a press release recently.

Under the deal, training sessions are expected to be conducted by experts from the United States and Europe, using modules in accordance with the standards set by the WIPO.

NMB Chairman, Prof. Emeritus Dato’ Ir. Dr. Mohamad Zawawi Bin Ismail said: “This collaboration is a notable opportunity to foster stronger ties in Technology Innovation’ Intellectual Property protection and in strategic deployment. It  allows better utilisation of available resources and helps to establish a strong and effective management.”

He shared that the signing of this MOU will allow NMB access to technical information, a vital factor in achieving  the objectives and goals of NMB, and in monetizing IPs jointly developed with small and medium enterprises and universities. Under this initiative, MyIPO will act as the Focal Point for activities between WIPO and TISC Host Institution in Malaysia. 

To date, there are 16 Host Institutions which consists of public and private educational institutions, and research institutions.  NMB has become the 17th Host Institution in this programme.  The MOU will also focus on efforts to intensify technology transfer activities between universities, local research institutions and industry players.

MyIPO Director General, Abdul Haris said MyIPO was looking forward to greater collaborations with NMB. “Our TISC programme offers the best practices adopted abroad and we believe it will be a great asset to NMB.”

As of November 2021, NanoMalaysia has successfully developed 72 intellectual properties comprising 31 patents, 27 copyrights, 8 trademarks and 6 utility innovations that have been filed with MyIPO.