First International Depository Authority in Latin America
Since 2012, the Chilean Institute of Agricultural Investigation (INIA) is an International Depository Authority (IDA), being the first and only one in Latin America.
According to the Budapest treaty, every person, company or organization who would like to file worldwide a patent which contains microorganisms, should send a strain to an International Depository Authority (IDA) in order to obtain a certificate of deposit which conferees intellectual property and protects the deposit of any duplication of the strain (to be protected) that could occur . That certificate should be filed before the local PTO. The strain which was deposited will remain at least 30 years in a freezing process that keeps the original qualities intact in that period of time.
Nowadays, INIA keeps over 2 thousands strains which were deposited by Chileans. This is the first time that a foreign company makes the deposit of the microbiological material.
Only 23 countries in the world have one or more IDAs. Chile is the first one in Latinamerica.