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April 15, 2014

Chinese Trade Secrets Theft Hits U.S. Universities

Chinese trade secrets theft, although extensive, has generally focused on US businesses.

Now, in a new twist, Reuters reports that three Chinese researchers at NYU Langone Medical Center have been charged in federal court with bribery in connection with theft of trade secrets relating to MRI technology.

The researchers apparently received at least $400,000 in bribes to provide information to a Chinese Medical Imaging company, United Imaging Healthcare, and a Chinese government-backed research institute, Shenzen Institute of Advanced Technology.

The three were charged in federal court in the Southern District of New York where the US Attorney doesn’t play.

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About the Author

Pressly M Millen, Womble Carlyle Law Firm, Litigation Attorney
Attorney

Press is a trial attorney who has litigated a wide variety of antitrust and other complex business cases, including class actions, in federal and state courts throughout the United States. He has represented clients in numerous industries including pharmaceuticals, software, telecom, and retail. He achieves success for his clients in litigation by being ready, willing and able to take those cases to trial. Press has been named by Business North Carolina as one of its Legal Elite in both Antitrust and Litigation.

Press has represented both defendants and plaintiffs in...

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