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On the surface, the case of Racho Jordanov, CEO of JHL Biotech (Eden Biologics), and COO Rose Lin seemed like another case of corporate espionage. They targeted a technology they needed and then set out to acquire the technology. For many years they were successfully stealing Genentech’s secrets.
That is until the spigot was turned off with the 2018 indictment of Xanthe Lam and Allen Lam, wife and husband, who with others were collectively indicted in October 2018 for the theft of Genentech’s trade secrets. Xanthe Lam was a principal scientist at Genentech, where she worked from 1986 until 2017. Allen Lam, her husband, worked in quality control at the company from 1989 to 1998.