As one of the important activities of the Second China Shanghai Patent Technology Exhibition and Exchange Week, a patent auction is held at Shanghai Science Hall on November 20. A total of seven patent technologies are sold with the total sum of money reaching 33.86 million yuan.

A total of eight patent technologies come under the hammer this time with seven of them being sold with the total sum of 33.86 million yuan. The eight patent technologies covers areas such as energy saving, environmental protection, electronics and bio-pharmaceuticals, including non-service inventions and top patent technologies in bio-pharmaceutical sector.

Patent auction is an internationally common practice of patent transfer and exchange. This is the first time for Shanghai Patent Technology Exhibition and Exchange Week to conduct patent auction.