CRA was retained by a leading medical device manufacturer’s consulting division to value the know-how it was considering acquiring from a team of renowned surgeons. The know-how consisted of unique techniques, protocols and procedures that were proven to improve patient outcomes at a lower cost. CRA’s consultants’ due diligence included a site visit to catalog and observe the benefits of the applying the know-how and interviewed another ambulatory surgical center that had adopted the know-how. In preparing its appraisal report, the CRA team applied the Income Approach to quantify the incremental economic benefits of the know-how within a healthcare consultancy, and corroborated this value using the Market Approach.
CRA Sessions | Readily ascertainable? AI’s role in redefining trade secrets
Intellectual property expert and host David Duski (CRA) joins Brian Nolan (Mayer Brown), to explore the evolving intersection of AI and trade secret law.