Pfiz­er set­tles trade se­crets case with com­pa­ny found­ed by ex-em­ploy­ees

Af­ter Pfiz­er sued a biotech found­ed by its for­mer em­ploy­ees and ac­cused them of mis­ap­pro­pri­at­ing trade se­crets and breach­ing con­tract last year, the com­pa­nies have now set­tled.

At­tor­neys for the two com­pa­nies filed a two-page doc­u­ment in U.S. Dis­trict Court for the Dis­trict of Con­necti­cut on Wednes­day, say­ing the com­pa­nies had agreed on a set­tle­ment. If the court signs off, both Pfiz­er and Re­gor Ther­a­peu­tics will dis­miss their claims against each oth­er, and pay their own costs and le­gal fees. The terms of the set­tle­ment were not dis­closed.

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