Biotech Trade Secrets Dispute: California Judge Orders Retrial on Punitive Damages

A legal battle concerning the use of trade secrets in the biotechnology industry is set to enter a new phase, as a California federal judge has mandated a retrial to determine punitive damages. This development follows a judgement that previously found a former employee of Skye Orthobiologics LLC guilty of breaching fiduciary responsibilities by exploiting the company’s proprietary information. Notably, an earlier $25 million punitive damages award was deemed unsupported by sufficient evidence, prompting the upcoming proceedings. For further details on this ongoing case, please refer to the coverage provided by Law360.