When teaming up with a competitor in the bioengineering field, ensuring your intellectual property remains secure is essential. Here are some strategies to help you navigate this complex landscape:

• Draft a solid non-disclosure agreement (NDA): Ensure all parties understand and agree to confidentiality terms protecting your proprietary information.

• Limit access to sensitive data: Only share information that is absolutely necessary for the collaboration, keeping core IP secure.

• Use technology for IP protection: Employ encryption and secure cloud storage to safeguard digital assets and track data access.

How do you protect your IP when working with competitors? Share your thoughts.