Remove 2009 Remove Innovation Remove Intangible Assets Remove Merchandising
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Filing for a Patent Versus Keeping Your Invention a Trade Secret

Harvard Business Review

Wyeth, a pharmaceutical acquired by Pfizer in 2009, was the sole supplier of Premarin. Why do some companies choose to patent their innovation while others choose to hide it? Insiders know it as Merchandise 7X. This change may further tip the balance for more reliance on secrecy for certain innovations.