Mediation is an attractive option for parties that place a premium on the preservation or enhancement of their relationship, seek to maintain control over the dispute settlement process, value confidentiality, or want to reach a speedy settlement without damage to their reputations. In this episode, Selin Ozturk and Margarita Kato from the WIPO Arbitration and Mediation Center discuss key elements and procedural steps of a WIPO Mediation. In order to illustrate how mediation works in practice, they refer to a WIPO mediation case involving companies in the life sciences sector