Exact(2)
Moreover, scientists are often secretive about preliminary data in fear of being wrong or being ?scooped.? This might be particularly true in today?s climate, which emphasizes the proprietary value of patents and intellectual property.
Historically, organizations have rarely trusted one company to become a central data repository, "either because of the proprietary value of their data or due to a lack of trust in others". With blockchains, multiple parties maintain a replica of recorded transactions that can't be changed.
Similar(58)
Salha says that postdocs are kept separate from the mainstream drug-discovery program of the company and are free to publish and present their work once it has been cleared of proprietary value.
Intellectual property should be protected — an artist's work has no less proprietary value than a corporation's, and of course it deserves strident safeguarding.
But most important, he says, information has proprietary value, and public disclosure erodes that value.
Even as most of its peers have been dragged down by subprime-related investments, Goldman's fixed-income business has boomed, thanks in part to a proprietary bet that the value of mortgage-backed securities would fall.
Some may prefer to expend effort trying to rubbish a rival approach, whose open source tech could, if it stands up to scrutiny and operational performance, reduce the commercial value of proprietary and patented mechanisms also intended to grease the wheels of decentralized networks — for a fee.
In fact, United States v. Caronia, 703 F.3d 149 (2nd Cir. 2012) notes that courts and the FDA have long "recognized the proprietary and potential public value of unapproved or off-label drug use".
(Myriad has patents on several specific mutations and methods for detecting them, some extending into at least 2028 [ 58].) Even if Myriad's patents are not valid, Myriad does have its proprietary database, but the value of that database will diminish as publicly funded research identifies disease-associated and neutral mutations.
As these public resources accumulate data, the value of proprietary databases will eventually erode, but in the meantime clinicians will be ordering and health plans will be paying for many genetic results that cannot be accurately interpreted based on publicly available information.
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