Pharma software company Veeva beats back Medidata trade secrets lawsuit

  • 📰 Reuters
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Veeva Systems Inc on Friday persuaded a judge to throw out a lawsuit by pharmaceutical software rival Medidata Solutions Inc alleging it stole trade secrets worth hundreds of millions of dollars, representatives for the companies said.

Medidata sued Veeva in Manhattan federal court in 2017 for allegedly obtaining secrets about its products, customers and business strategy by poaching several of its employees. The lawsuit said Pleasanton, California-based Veeva used the information to develop competing software for managing clinical drug trials.

Medidata had asked for as much as $450 million in damages during a trial that began Monday, according to Veeva's law firm Keker, Van Nest & Peters. U.S. District Judge Jed Rakoff granted Veeva's request to end the trial before the case could reach a jury.A Medidata spokesperson said the company was "disappointed not to have a jury decide the case" and is considering an appeal.

Veeva's lead attorney Khari Tillery said in a statement that the company was "grateful to the Court for recognizing that no one at Veeva stole anything, and that no Medidata trade secrets were ever used to create Veeva's incredibly successful cloud software."New York-based Medidata is a subsidiary of French software company Dassault Systèmes SE.Medidata and others in California state court for placing allegedly unfair competition restrictions on their employees.

The case is Medidata Solutions Inc v. Veeva Systems Inc, U.S. District Court for the Southern District of New York, No. 1:17-cv-00589.For Veeva: Khari Tillery of Keker, Van Nest & Peters

 

コメントありがとうございます。コメントは審査後に公開されます。

On of the Medidata founders was on Bezos trip to space and died earlier this year. Seems like an interesting point to leave out.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Elon Musk's 'Disparaging' Tweets Against Twitter Allegedly Violated Acquisition AgreementTwitter's new lawsuit claims Elon Musks 'repeatedly disparaging' tweets violated the company's acquisition agreement. How bout doin sum stories about comic books? is pure shit.
ソース: ComicBook - 🏆 65. / 68 続きを読む »

List: 10 tech company customer service phone numbers plus, secret way to know wait timesTech companies are notorious for making it tricky and complicated to call customer service lines. Here's some tricks and numbers to make it easier to reach. No company wants to talk with us, not just tech companies
ソース: FoxNews - 🏆 9. / 87 続きを読む »