NaturalShrimp, Inc. Files International Patent Applications
DALLAS, Feb. 15, 2024 /PRNewswire/ -- NaturalShrimp Incorporated (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused commercially operational RAS (Recirculating Aquaculture System), is pleased to announce the successful filing of patents in Japan, Thailand, and Australia. These filings mark a significant step in our commitment to advancing sustainable aquaculture practices and ensuring the future of global seafood production.
- These filings mark a significant step in our commitment to advancing sustainable aquaculture practices and ensuring the future of global seafood production.
- The intellectual property rights represented by the Company's previously issued patents constitute the backbone of NaturalShrimp's business.
- In this respect, NaturalShrimp has already filed for patent protection in Japan, Thailand, Australia, and the European Patent Convention (EPC), all areas in which the Company is either currently doing business or in which the Company seeks to do business.
- Patent protection is a very costly process and this extended time period allows the Company to methodically plan and still act with financial responsibility.