Exclusive | Australian blood giant CSL has been rocked by an alleged corporate espionage attack, with a former 'high level' employee accused of stealing tens of thousands of its documents - including trade secrets.
this morning, CSL disclosed the court case at its annual general meeting on Wednesday.
CSL’s allegations are expected to reverberate through the highly competitive global drug making industry where trade secrets are the most prized possession of the companies. However, Dr Chiao is also accused in the documents of taking secrets relating to a vast number of CSL’s products, including its research and development of treatments for common blood disorders – the backbone of CSL’s business.
I’m hopeful that you will be able to convince your boss regarding how we would align together to effect a large difference to the bottom line of Pharming.These messages include Dr Chiao telling Mr Relan: "I’m hopeful that you will be able to convince your boss regarding how we would align together to effect a large difference to the bottom line of Pharming".
Other messages allegedly show Dr Chiao shared portions of the secret manuscript prepared by an association CSL is a member of about key drug developments. "Having spent months exchanging ideas and information with Pharming, Chiao was finally offered employment as Pharming’s executive medical director in mid-September 2019," CSL alleges in its complaint.
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