Top execs at Taiwanese biosimilars outfit JHL Biotech are headed to prison after pleading guilty last August to stealing trade secrets from Roche’s Genentech.
Racho Jordanov, co-founder and former CEO at JHL, and Rose Lin, another co-founder and the company’s ex-chief operating officer, have each been sentenced to one year and a day in prison. Both Jordanov and Lin will be on supervised release for 36 months after serving their time, with Jordanov required to spend nine months in home confinement.
