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Sayenko Kharenko Successful for Krovospas Inventors in Intellectual Property Dispute

Sayenko Kharenko Successful for Krovospas Inventors in Intellectual Property Dispute

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Sayenko Kharenko has successfully represented the inventors of the Krovospas hemostatic agent in an intellectual property dispute against the Teteriv Production Association.

According to Sayenko Kharenko, "in 2015, a group of inventors transferred the intellectual property objects, related know-how, and relevant technical documentation to the Teteriv Production Association under a contract. The right to produce and sell the hemostatic agent Krovospas was also granted to the Teteriv Production Association."

"Despite further commercialization of Krovospas, which generated sufficient income, the Teteriv Production Association did not fulfill its payment obligations to the inventors. This created the grounds for the inventors to sue for protection of their rights in court," the firm added, noting the proceedings were finalized in the courts of first, appeal, and cassation instances.

The Sayenko Kharenko team included Partner Yaroslav Ognevyuk, Senior Associate Volodymyr Hrunskyi, and Associates Tetiana Yushchenko and Kateryna Bumaha.

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Firm's website: www.avellum.com

 

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