A newly filed lawsuit in the Northern District of California centers on alleged trade secret misappropriation involving an AI powered patent analysis and management tool. VideoLabs, Inc., a Silicon Valley based intellectual property licensing and patent aggregation...
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This case is another reminder that trade secret risks often stem from inside your own organization. The Dairy Farmers of America (DFA) sued Westrock Coffee and six former DFA employees (who left to join Westrock) in the Western District of Missouri, alleging typical DTSA, MTSA, civil conspiracy, breach of contract, breach of duty of loyalty violations.
How do you protect trade secrets? Trade secrets are often the most valuable intellectual property a business owns. They include confidential know-how such as proprietary formulas, algorithms, manufacturing methods, source code, data models, pricing strategies,...
[vc_row][vc_column][vc_column_text] Tangibly launches Predicted Portfolio™, its AI-facilitated tool to identify trade secrets across entire patent portfolios SEATTLE – August 22, 2024 – Tangibly, a SaaS trade secret management platform, today announced the launch of...
The enhanced X-Ray suite now presents the ability to generate patent claims that are intricately linked to a company’s trade secret strategy. This development is poised to revolutionize the way businesses protect and leverage their intellectual assets. By allowing users to input an invention disclosure directly into the platform, Tangibly automatically performs a trade secret analysis and produces draft patent claims. This seamless integration of processes not only saves time but also ensures that the strategic value of intellectual properties is maximized.
Many life sciences companies now prefer to keep their R&D data and diagnostic information as trade secrets, rather than risk their patents being declared ineligible or unenforceable. This trend is particularly evident with data-driven innovations, where trade secrets often provide better protection than patents. In a recent article over at IAM titled Trade Secret Litigation Soars in the Life Sciences Industry, authors Tom Wintner , Nick Armington and Christina Scott (October, 02 2023) have some insight into this new frontier.
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