September 6, 2019 / 11:35 PM / 3 months ago

Genentech touts deal ending trade secrets fight with Taiwanese rival

Roche AG’s Genentech unit on Thursday said it had resolved its trade secrets misappropriation case against JHL Biotech, a Taiwan-headquartered biopharmaceutical company developing “biosimilar” versions of its blockbuster drugs.

Genentech said in a press release that it had reached a “memorandum of understanding” with JHL that calls for the Taiwanese firm to refrain from using the disputed technology.

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