4 people convicted of stealing trade secrets from Genentech

The former CEO and chief operating officer of the Taiwanese biotech firm Eden Biologics—which changed its name from JHL Biotech in February—have been convicted in the US of stealing trade secrets from Genentech. The executives, Racho Ivanov Jordanov and Rose Lin, join staffers Xanthe Lam and Allen Lam, who were convicted on related charges in July. According to the indictments, the four worked together starting in 2009 to steal manufacturing protocols and other proprietary information from Genentech about its drugs Avastin, Herceptin, Pulmozyme, and Rituxan. Xanthe Lam worked at Genentech from 1986 to 2017.