Companies seeking approval from the U.S. Food and Drug
Administration (“FDA”) to market a new drug or
biological product must submit extensive information to the FDA in
support of approval. FDA submissions will often include information
that a company considers to be a trade secret. Such information is
exempt from public disclosure under the Freedom of Information Act
(“FOIA”) Exemption 4 if it falls within the FDA's
definitions of (1) a trade secret or (2) confidential commercial or
financial information:
(a) A trade secret may consist of any commercially valuable
plan, formula, process, or device that is used for the making,
preparing, compounding, or processing of trade commodities and that
can be said to be the end product of either innovation or
substantial effort. There must be a direct relationship between the
trade secret and the productive process.