Magazine Article | January 3, 2023

Avoid Trade Secret Lawsuits In The Life Science Talent War

Source: Life Science Leader

By Gregory Bombard

Allegations of intellectual property and trade secrets walking out of one life sciences company and into a competitor are becoming commonplace. Some studies estimate that U.S. companies lose between 1% and 3% of GDP to trade secret misappropriation every year — that works out to hundreds of billions of dollars per year in aggregate losses.

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