Jeremy Desai denies being romantically involved with the executive of a rival firm and obtaining valuable trade secrets from her
toronto.citynews.ca
''The former CEO of Barry Sherman’s pharmaceutical company is fighting back against a sensational lawsuit launched by the world’s largest generic drug-maker—insisting he was never involved in a romantic relationship with a senior executive at rival Teva, and that he never persuaded the woman to illegally leak him lucrative trade secrets.
In a new court filing obtained by Maclean’s, Jeremy Desai responds for the first time to a high-profile U.S. lawsuit initiated last July—but thrust into the spotlight three months ago when Sherman, the billionaire founder of Apotex Inc., was discovered strangled beside his wife, Honey, at their Toronto home. The litigation triggered more headlines six weeks later, when Desai—Sherman’s choice to take over as president and CEO of his generic-drug giant—abruptly resigned “to pursue other opportunities.”
2018
Key player: Mulazim HussainWhat Happened: Hussain, a former employee of Canada's largest drug maker, stole a pile of pharma intellectual property, with alleged plans to set up his own lab in Pakistan. Ironically, Apotex itself has been sued by the world's largest drug maker Teva for using drugs...
economictimes.indiatimes.com
''Company: Apotex
Key player: Mulazim Hussain
What Happened: Hussain, a former employee of Canada's largest drug maker, stole a pile of pharma intellectual property, with alleged plans to set up his own lab in Pakistan.
Ironically, Apotex itself has been sued by the world's largest drug maker Teva for using drugs, sex and USB drives to steal its trade secrets.''