Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 152

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 152
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 secrets. If any of our trade secrets, including our proprietary software, were to be lawfully obtained or
independently developed by a competitor or other third party, we would have no right to prevent them, or those to whom they communicate
it, from using that technology or information to compete with us. If any of our trade secrets, including our proprietary software, were
to be disclosed to or independently developed by a competitor or other third party, our competitive position would be harmed.

We may be subject to claims challenging the inventorship or ownership
of our patents and other intellectual property.

We rely on a combination of internally developed and in-licensed intellectual
property rights and we or our licensors may be subject to claims that former employees, collaborators or other third parties have an interest
in our owned or in-licensed patents, trade secrets, or other intellectual property as an inventor or co-inventor. For
example, we or our licensors may have inventorship disputes arise from conflicting obligations of employees, consultants or other third
parties who are involved in developing product candidates. Litigation may be necessary to defend against these and other claims challenging
inventorship or our or our licensors’ ownership of our owned or in-licensed patents, trade secrets or other intellectual
property. If we or our licensors fail in defending any such claims, in addition to paying monetary damages, we may lose valuable intellectual
property rights, such as exclusive ownership of, or right to use, intellectual property that is important to product candidates. Even
if we are successful in defending against such claims, litigation could result in substantial costs and be a distraction to management
and other employees. Any of the foregoing could harm our business, financial condition, results of operations and prospects.

In addition, while it is our policy to require our employees, contractors
and other third parties who may be involved in the development of intellectual property to execute agreements assigning such intellectual
property to us, we may be unsuccessful in executing such an agreement with each party who in fact develops intellectual property that
we regard as our own. Our invention assignment agreements may not be self-executing or may be breached, and we may not have adequate
remedies for any such breach. Additionally, we may be forced to bring claims against third parties, or defend claims they may bring against
us, to determine the ownership of what we regard as our intellectual property. Furthermore, individuals executing agreements with us may
have pre-existing