Life Science Industry Development Report slide image

Life Science Industry Development Report

Guangzhou Tianci New Materials v. Mr. Hua and Anhui Newman Fi ne Chemicals (Guangzhou IP Ct. 2017) Facts: Anhui Newman was given criminal sentences due to misappropriation of Tianci's trade secret. Among the TINCI criminal investigation, Tianci discovered that it is Mr. Hua and some other Tianci's employees disclosed the trade secret to Newman, thus filed a civil litigation against the employees and Newman. Holding: - The defendants jointly and severally liable for infringement of trade secret. The court awarded punitive damages at USD 4.3 million, 2.5 times of the profits gained by the defendants. Morgan Lewis TINCI Product Name TC-Carbomer 340 Batch No.: JCR171113222 38
View entire presentation