Syntron Bioresearch
This article was originally published in The Gray Sheet
Executive Summary
Receives $9.7 mil. judgment plus attorneys fees against San Diego-based Genix Biotek in San Diego superior court May related to "a conspiracy" by former Syntron top managers "to steal and utilize proprietary property from Syntron" related to its diagnostic test kits, the firm explains. Genix officials Wen Young, Joe Fan, Frank Lin, George Chu, Sherman Kuo and San Diego State University Professor Long Lee are prohibited by the court to sell or manufacture test kits for six years and ordered to pay punitive damages ranging from $50,000 to $4.8 mil. each
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