For businesses, Innovation is the most important means of staying competitive in the marketplace, and one of the most effective ways to keep that competitive advantage is to protect innovative ideas through patents.
Innovation is also an important measure of research performance. We encourage Innovations by protecting and rewarding intellectual contributions through Patents. These Patents serve as indicators of long-term competitiveness and are a sign of our Company's innovative strength.
Galaxy currently holds 11 US Patents and 21 Indian Patents. A few Indian and European patents are pending.
Galaxy has a principle of maintaining due diligence in its business transactions involving investigating its position with respect to Patent landscape.
Our in-house IPR Group conducts a "product clearance" investigation by proactively identifying, capturing, studying, and scrutinizing Patents in the technological area of our products, thereby minimizing the risk of infringement by securing their "Freedom to Operate".