Innovation is the driving force behind many industries, and without strong IP protection, companies risk losing their competitive edge. “ 117 www.lawyer-monthly.com Lawyer Monthly Legal Awards 2024 What makes IP protection in this region essential for global players? Innovation is the driving force behind many industries, and without strong IP protection, companies risk losing their competitive edge. The Eurasian market sectors such as oil/ gas, pharma, car manufacturing, telecom, IT, urban engineering and infrastructure, agriculture and foodstuff are booming, and its regulatory environment is increasingly supportive of the IP enforcement. The IP protection in the Eurasian market is also important in terms of sanctions and parallel import constrains. By protecting patents and designs here, companies can safeguard their investments and ensure long-term commercial success. What is your key advice to companies entering the Eurasian market? For companies with business interests in the Eurasian region, opting for Eurasian patent protection often offers greater commercial advantages than obtaining individual national patents. Being proactive is essential—securing your intellectual property early helps prevent potential disputes and strengthens your competitive position in the fast-evolving Eurasian market. Victor Lisovenko is an intellectual property attorney, registered to practice before the Eurasian patent office with main focus on patent law. With more than 18 years of experience in the IP field his practice includes patent strategy development, drafting and prosecution, appeals and oppositions, patent litigation, opinion and advisory work. Victor’s clients are domestic and foreign companies and start-ups in various industries and technology areas, mainly including chemical, bio and pharma sectors. With over 25 years of industry leadership, PATENTICA is a premier intellectual property firm specializing in patents, trademarks, and designs. Operating across 15+ countries the firm offers customized IP services to multinational corporations, SMEs start-ups, and universities. Their diverse team of 100+ experts and attorneys covering fields like IT, biotech, and engineering, ensures comprehensive protection for client innovations. Having been recognized as a top 3 patent application filer at the Eurasian Patent Office for several years, PATENTICA delivers cost-effective solutions while safeguarding your intellectual assets in this fast-growing Eurasian region and beyond. About Victor About Patentica Q Q
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