In the rapidly evolving biotech and life sciences sectors, the importance of trade secrets has grown significantly. Companies are investing heavily in research and development to create cutting-edge treatment therapies. Protecting proprietary methodologies and innovations is crucial for maintaining competitive advantage and fostering innovation. Moreover, the rise of artificial intelligence (“AI”) in these fields has amplified the value of trade secrets. AI algorithms and machine learning models, which can streamline drug discovery and enhance clinical trial efficiency, represent significant intellectual property that companies need to safeguard. Given the high stakes and the critical nature of these proprietary technologies, it is not uncommon for trade secret and intellectual property disputes to arise, as companies fiercely protect their valuable innovations and competitive positions. We recently saw this when a pharmaceutical company partnered with an artificial intelligence…
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