Cloud Tech Co. Beats $450M IP Trial Over Drug Test Software – Law360

By Jasmin Jackson (July 18, 2022, 4:29 PM EDT) -- A New York federal judge has cleared software developer Veeva Systems in its rival's trade secrets suit over technology used for drug-testing trials, determining that there was not enough evidence for a jury to deliberate.

U.S. District Judge Jed Rakoff awarded cloud-computing company Veeva Systems Inc. a judgment as a matter of law on Friday after arguments concluded in the $450 million jury trial with competitor Medidata Solutions Inc., which had accused Veeva of inducing Medidata employees to misappropriate its proprietary clinical trial data and operations software.

Judge Rakoff said he was "a little hesitant" to take the decision out of...

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Cloud Tech Co. Beats $450M IP Trial Over Drug Test Software - Law360

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