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Ex-biotech executives sentenced for Genentech trade theft

Two co-founders of a Taiwan biotechnology company have been sentenced for conspiracy to steal trade secrets from Genentech in a $101 million scheme

Ex-biotech executives sentenced for Genentech trade theft

SAN FRANCISCO, Calif. (AP) Two co-founders of a Taiwan biotechnology company were sentenced Tuesday for plotting to steal trade secrets from Genentech in a $101 million scheme, prosecutors said. Racho Jordanov, former CEO of JHL Biotech Inc., and former chief operating officer Rose Lin were sentenced in San Francisco federal court to a year and a day each in federal prison, the U.S.

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