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 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, CRA 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.
A look at Chinese courts’ new approach to IP damages
In this Law360 article, Fei Deng, Hong Qiao, and Yi Cheng examine the trend of Chinese courts toward awarding larger non-statutory damage awards in IP cases....