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JHL Biotech Executives Convicted Over Trade Secrets Theft

As Renamed Firm Eden Biologics Appoints New Chief Executive

 
• By Dave Wallace

Two former JHL Biotech executives, Racho Jordanov and Rose Lin, have been convicted in the US of conspiracy to commit trade secret theft and wire fraud after submitting plea agreements. Meanwhile, the company – now named Eden Biologics – has just announced a change of CEO.

Theft of trade secrets law book gavel
Racho Jordanov and Rose Lin have been convicted of conspiracy to commit trade secret theft and wire fraud • Source: Alamy

Accusations of trade secret theft and fraud levelled at two former JHL Biotech executives have ended with convictions, after guilty pleas were submitted in a northern California district court.

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