Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 388

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 388
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 in part by entering into confidentiality agreements and, if applicable,
material transfer agreements, consulting agreements or other similar agreements with our advisors, employees, third-party contractors
and consultants prior to beginning research or disclosing proprietary information. These agreements typically limit the rights of the
third parties to use or disclose our confidential information, including our trade secrets. Despite the contractual provisions employed
when working with third parties, the need to share trade secrets and other confidential information increases the risk that such trade
secrets become known by our competitors, are inadvertently incorporated into the technology of others, or are disclosed or used in violation
of these agreements. Any disclosure, either intentional or unintentional, by our employees, the employees of third parties with whom we
share facilities or third-party consultants and vendors that we engage to perform research, clinical trials or manufacturing activities,
or misappropriation by third parties (such as through a cybersecurity breach) of our trade secrets or proprietary information could enable
competitors to duplicate or surpass our technological achievements, thus eroding our competitive position in the market. Further, adequate
remedies may not exist in the event of unauthorized use or disclosure. Given that our proprietary position is based, in part, on our know-how and
trade secrets, a competitor’s discovery of our trade secrets or other unauthorized use or disclosure would impair our competitive
position and may have an adverse effect on our business and results of operations.

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In addition, these agreements typically restrict the ability of our
advisors, employees, third-party contractors and consultants to publish data potentially relating to our trade secrets, although
our agreements may contain certain limited publication rights. Policing unauthorized use of our or our licensors’ intellectual property
is difficult, expensive and time-consuming, and we may be unable to determine the extent of any unauthorized use. Moreover, enforcing
a claim that a party illegally disclosed or misappropriated a trade secret is difficult, expensive and time-consuming, and the outcome
is unpredictable. In addition, some courts inside and outside the United States are less willing or unwilling to protect trade secrets.
Despite our efforts to protect our trade secrets, our competitors and other third parties may discover our trade secrets, including our
proprietary software, either through breach of our agreements with third parties, independent development or publication of information
by any of our third-party collaborators. A competitor’s or other third party’s discovery of our trade secrets, including
our proprietary software, would impair our competitive position and