- Technology executives approaching a prototyping company or manufacturer often must “open the kimono,” sharing intimate details of their inventions, which creates real risk if not handled carefully.
- Craige uses a real case study of a start-up that won $91 million defending its heart valve replacement technology, but lost out on potential billions in the process.
- The case study highlights mistakes made in handling patents, trade secrets, and non-disclosure agreements in the relationship between an inventor and a manufacturer.
- Understanding these mistakes can help technology executives avoid expensive, unwelcome litigation when sharing their inventions with outside partners.
Summary: When approaching a prototyping company or manufacturer, technology executives recognize that they must “open the kimono” to share intimate details of their inventions.
To help technology executives avoid common mistakes that will invite expensive and unwelcome litigation, Craige introduces how a start-up won $91 Million (but lost potential billions!!) in defending its heart valve replacement technology.
Listen to this real life case study that involves mistakes made with regard to handling patents, trade secrets, and non-disclosure agreements in the relationship between inventor and manufacturer.
Want to know more? Thompson Patent Law has an extensive blog for clients, innovators, and inventors who love to read. Check out our Litigation Quality Patent Articles. When you are ready to take your next steps call the number below to schedule your Patent Needs Assessment.
