In this episode of Medtech Matters, a podcast focused on the medical device manufacturing industry and the factors impacting it, we speak with Adam Powell, a partner at Knobbe Martens. He provides clarification on what qualifies as a trade secret. He also shares best practices for companies who hire an employee from a direct competitor to avoid any potential legal issues or concerns. Specifically, the following questions are addressed.

• What is a trade secret?
• What are some of the methods companies should be using to protect confidential information?
• What should a company do if an employee took confidential information?
• What should a company do if they hire an employee from a competitor?
• Where is the line drawn between trade secret and acquired experience? What about implementing best practices?

Listen to this episode and see what you think of trade secrets. If you’d like to share thoughts, ask questions, or suggest a future participant for Medtech Matters, please reach out to me at [email protected].

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