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Patent Filing By Former Employees Leads Pfizer To File Trade Secret Suit

 
• By Brenda Sandburg

Pfizer claims two former employees stole trade secrets relating to its diabetes-obesity GLP-1 receptor agonist research program for their startup Regor Therapeutics. Regor’s $1.5bn deal with Lilly further spurred Pfizer’s concerns.

Trade secrets
Pfizer files trade secrets theft suit against former employers and their startup • Source: Alamy

Pharmaceutical companies have recently filed a spate of trade secret theft suits, but Pfizer Inc.’s complaint against two former employees stands out given the employees’ alleged formation of a startup while at Pfizer and the financial backing they received from a leader in the diabetes space.

Pfizer alleges that the former employees stole trade secrets and confidential information regarding the firm’s development of oral small molecule...

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