China Leads All Nations in Publication of Chemical Patents According to CAS
Chemical Abstracts Service (CAS) reports that China's patent office is now the world's leading producer of patent invention applications in chemistry. China trailed Japan's patent office, the World Intellectual Property Organization (WIPO), and the United States Patent and Trademark Office (USPTO) for more than a decade, but passed the USPTO in 2005, WIPO in 2006, and exceeded Japan for the first time on a monthly basis in 2008. In 2009, China will record an entire year as the number one producer of chemical patents, and CAS projects that trend to continue.
"Chemistry is widely recognized as 'the central science,'" according to Dr. Matthew Toussant, senior vice president of editorial operations at CAS. "Chemical patents are a critical component to many industrial processes and scientific realms, including medicine and natural products," said Toussant. "In fact, on average, 35 percent of new patent invention applications involve chemical substances."
"CAS has been recording the phenomenal growth of patent documents in the last decade, with the number of chemistry-related patent publications by the USPTO and WIPO growing by more than 500 percent," said Christine McCue, vice president of marketing at CAS. "Meanwhile, Chinese invention applications increased by nearly 1,400 percent, with much of that growth taking place in the pharmaceutical sector. More than half of the Chinese patent applications during this period were from inventors within China, which surely indicates that Chinese scientists now also recognize the importance of monetizing research discoveries."
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