Tag Archive for: trade secrets

Pfizer initiated a lawsuit against a biotech company founded by its former employees in 2022, accusing them of misappropriating trade secrets and breaching contracts. Now, both companies have reached a settlement. And more lawsuits over the past couple of months.

While the FTC’s proposed rulemaking would affect every industry, the impact it could have on biopharma and biotech companies is unique due to the technologically advanced and secretive nature of the research and information gathered and its value to other companies.