In a recent article for Drug Discovery & Development titled, “Mass biopharma layoffs, remote work, and the cloud popularity threaten a surge of trade secret risk,” Munger, Tolles & Olson partner Laura Smolowe discussed the risk of trade secret theft in the biopharma industry in the wake of employee turnover, the rise of cloud computing and the blurring of work and personal spaces, and considerations for protecting companies’ sensitive information. #MTO #DrugDiscoveryandDevelopment #biopharma #iplaw #tradesecrets
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Is your #oncology #ehr former leadership team’s NDAs and non-compete agreements about to expire? Are you ready for the #tea? Public interest: In some cases, there may be a public interest in disclosing certain information, such as in cases of illegal activity, public health and safety, or government transparency. NDAs cannot be used to prevent the disclosure of information that is in the public interest. ‘Limited protection: An NDA only provides protection for information that is specifically identified and defined in the agreement. If information is not covered by the NDA, or if it is disclosed in a way that is not prohibited by the agreement, it may not be protected. Time-limited protection: NDAs are typically time-limited, meaning that they only provide protection for a specific period of time. After the NDA expires, the information may no longer be considered confidential and may be disclosed freely. Limited jurisdiction: NDAs are typically governed by the laws of a specific jurisdiction, which may limit their effectiveness in other jurisdictions. In cases where the disclosing party is located in a different jurisdiction than the receiving party, it can be difficult to enforce the NDA.’ https://lnkd.in/gbGqcfUs
Non-Disclosure Agreements (NDAs): Everything You Need to Know
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2wGood to know! Humanity is priceless🫡