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Web Date: February 22, 2016

Codexis sues EnzymesWorks and founder over trade secret theft

Biocatalysts maker says competitor is poaching customers by selling copycat products at reduced prices
Department: Business
News Channels: Biological SCENE
Keywords: trade secret theft, biocatalysts, enzymes, lawsuit

Enzyme developer Codexis has filed suit against China-based competitor EnzymeWorks and its founder Junhua (Alex) Tao for stealing trade secrets and infringing on Codexis patents. Tao denies the allegation along with accusations that EnzymeWorks is poaching customers by selling copycat products at low prices.

In its complaint, filed on Feb. 19 in a California federal court, Redwood City, Calif.-based Codexis is asking the court for an injunction against Tao’s alleged infringement and unspecified monetary damages . . .

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