INDIANAPOLIS (AP) _ Federal prosecutors say three former employees of Eli Lilly and Co. sent trade secrets the company valued at more than $55 million to a competing Chinese drug company.
The Indianapolis Business Journal reports an indictment unsealed Tuesday in federal court in Indianapolis charges Guoqing Cao and Shuyu Li of suburban Indianapolis with seven counts of theft and conspiracy to commit theft. The indictment does not name the third man.
The indictment alleges Cao and Li emailed sensitive information about nine experimental drug research programs at Lilly to the third man when he was employed by Jiangsu Hengrui Medicine Co. Ltd. In China.
<br /> Cao and Li were arrested Oct. 1 in Indianapolis and appeared Tuesday in court. It's not clear if they have attorneys.
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