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ᴄʜɪʟʟ @TheChiIIum
, 14 tweets, 8 min read Read on Twitter
SAN FRANCISCO, CA — A former senior scientist at #Genentech Inc. and three former colleagues have been indicted on charges of stealing trade secrets from the biotechnology company to give to a rival firm in Taiwan.…
The indictment alleges that Xanthe Lam began secretly working for JHL while still employed at South San Francisco-based Genentech and funneled trade secrets from Genentech to JHL Biotech through Allen Lam, Quach and Chan between 2013 and 2017.…
Allen Lam, Quach and Chan all became consultants for the competitor, JHL Biotech Inc. of Zhubei, Taiwan, at times between 2013 and 2017. JHL was seeking to make drugs known as biosimilars, the equivalent of generic drugs.…
The Open Society Institute and Soros Foundations Network is a sponsor of Genentech.…
Another sponsor is the Clinton Health Access Initiative [CHAI].…
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