Technology Companies Must Proactively Manage Global Presence
Wednesday, November 18, 2009
Rochester, NY - Leading global intellectual property lawyer, Elliot Papageorgiou will discuss essential intellectual property (IP) enforcement and litigation strategies for doing business in China at a meeting on Thursday.
Papageorgiou will offer advice for companies working in China, a large and growing market for medical products.
"U.S. medical technology companies may increasingly find themselves as defendants in IP infringement lawsuits in the near future," said Papageorgiou, a lawyer in the Shanghai office of Rouse, a leading international IP consultancy.“They must upgrade their patent strategies to be able to meet the demands and challenges of the future market.”
Even if U.S. companies currently have no interests in or trade with China, failure to act now will find their future paths to China obstructed by a potential 'mine-field' of IP rights, which they will find impossible to avoid or overcome,” Papageorgiou says.
A panel of Upstate New York company representatives including Donna Rankin-Parobek, director, CTO Intellectual Property Office at Carestream Health Inc., will also discuss their IP concerns and experiences with the Chinese market.
"It is imperative that we understand the intellectual property landscape and keep abreast of changes in law in China to support our business objectives in China,” says Rankin-Parobek. "Product patent protection and freedom to operate in China will continue to be important issues in coming years as research, development and sales in the China markets grow.”
This event, organized by MedTech and sponsored by Carestream Health, is expected to draw several dozen bioscience and intellectual property professionals from across Upstate New York.
The program will be held at Carestream Health’s Rochester headquarters at 3:30pm on Thursday, November 19. Details can be found at www.medtech.org.
MedTech is a not-for-profit trade association comprised of Upstate New York technology
manufacturers, research institutions, and allied professional services and economic development organizations. We promote the commercialization of medical products by providing educational and networking events, organizing certification opportunities, and facilitating collaborations among members to bring tomorrow’s technologies to the healthcare marketplace. For more information, visit www.medtech.org.