Court bans pharmacy chain from using "Oschad" brand

Oschadbank has defended its rights to the "Oschad" brand in a court dispute with a large pharmacy chain.

This is announced in the bank's statement, Ukrainian News Agency reports.

The Pecherskyi District Court of Kyiv ruled in favor of Oschadbank in the case of protection of rights to the well-known trademark "Oschad".

The court banned the use of the designation "Oschad" when trading in pharmaceutical products, in pharmacy signs, advertising, business documentation and the Internet.

For Oschadbank, the brand is a strategic asset. That is why the bank consistently protects its business reputation, intellectual property rights and counteracts any attempts to use the brand that may mislead consumers.

The decision of the first instance court can be appealed.

The interests of Oschadbank in the case of protection of rights to a well-known trademark are represented by the law firm AMBASSADORS.

As Ukrainian News Agency earlier reported, 100% of the shares of PJSC Oschadbank are state-owned.