Michael Olsen, Brian Pollack and Nadeem Schwen will participate in a panel discussion, “Keep it SaaSy: Protecting Key Innovations in the Software as a Medical Device World” on November 4 at the MD&M Minneapolis Conference. MD&M is part of the Midwest’s largest annual design and manufacturing event which brings MD&M together with ATX, Design & Manufacturing, MinnPack, and Plastec all under one roof.
Protecting Key Innovations in the Software as a Medical Device World
Software as a Medical Device (SaMD) requires novel approaches for both offensive and defensive intellectual property strategy.
Offensive strategies with which the audience may be familiar, tend to rely on patent, copyright, trademark, and trade secrets. Within the context of SaMD, it can be useful to employ overlapping parallel protection strategies, as these areas of the law have different origins and are used for different purposes.
Defensive strategies can be overlooked by even experienced innovators. But, what happens when a coder hired by a company copies another company’s copyright protected material? How should a company manage its use of open source software? What of the 800 pound gorilla with patents in the innovator’s space? And importantly, how should a SaMD company minimize its risk related to cybersecurity concerns, as is increasingly mandated by the FDA. Our panel will delve into these issues to caution innovators to avoid pitfalls that can make the difference between a successful exit, and bankruptcy.
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