Massachusetts General Hospital accused a former researcher of stealing trade secrets for a fat-freezing technology, obtaining a patent for the technology without giving the hospital credit and sharing information on a confidential deal. According to Bloomberg, Massachusetts General Hospital sued Emilia Javorsky, MD, for sharing confidential information about the technology used in CoolSculpting with Arctic Fox Biomedical, a MedCap Growth Equity-funded startup. Massachusetts General Hospital also alleges Dr. Javorsky divulged confidential information and trade secrets publicly in a profile honoring her among Forbes Magazine's "30 Under 30" in 2017. Dr. Javorsky's "30 Under 30" profile included secret information about a business venture involving Massachusetts General Hospital and Arctic Fox, and confidential investment figures provided to Arctic Fox. Dr. Javorsky remains on the Forbes "30 Under 30" list, and her profile now reads: Javorsky's grad school mentor turned the ability to freeze and remove subcutaneous fat into a cosmetic-services business.

Source: Forbes May 24, 2023 14:19 UTC