Protege Biomedical Claim Z-Medica Stole Its Secrets Can Proceed (1)

A Minnesota-based biomedical company’s lawsuit will proceed against a competitor it accused of stealing trade secrets and violating non-disclosure agreements under a July 24 federal court ruling.

Attorneys for Protege Biomedical LLC said in court filings that it shared trade secret information with Connecticut-based Z-Medica, LLC under a non-disclosure agreement in 2018 during talks about potentially selling Protege to Z-Medica.

They argued Z-Medica then used the information from those discussions to incorporate Protege’s trade secrets into its own patent, blocking Protege from bringing a new blood-clotting product to the market.

Judge John R. Tunheim of the U.S. District Court for ...