Word: maker
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Next week a Taiwanese father-and-daughter business team is scheduled to be tried for paying a U.S. research engineer to pilfer manufacturing secrets from label maker Avery Dennison. Another Taiwan-based executive goes on trial in early April, charged with attempting to buy the secret formula for Bristol-Myers Squibb's cancer drug Taxol for $400,000--just one of many alleged plots to fleece R. and D.-rich pharmaceutical firms. Last spring a Gillette consultant went to prison for trying to market secret designs of the company's Mach3 razor to competitors such as Bic. And a small...
Robert N. Friedman, CEO of discount retailer Loehmann's, has no such defense, at least according to a lawsuit filed by Forty Three Apparel, a New York City-based women's-fashion maker. In mid-1997, the suit contends, Friedman pressured Forty Three Apparel president Mark Singer, who depended on Loehmann's for 80% of his business, into giving Friedman's wife Debbie a high-level job. Within a year, she left the firm, allegedly with clothing patterns and manufacturing processes, and started her own competing outfit. (Loehmann's says the suit has no merit.) It didn't take long...
...only 13 criminal cases have gone to indictment. In December two men were sentenced for scheming to sell Intel prototype microchips to rival Cyrix, and most recently a California man, David Kern, was charged with stealing engineering secrets from his former employer, Varian Associates, a leading Silicon Valley maker of radiotherapy systems used to treat cancer. For more than a year, a federal grand jury has reportedly been looking into whether a subsidiary of financial-information giant Reuters was involved in an attempt to steal data from rival Bloomberg (Reuters says it is cooperating and denies any wrongdoing...
...position. PVC is the material of choice for many lifesaving medical products because of its compatibility with medications, sterilization capabilities and other positive qualities. These products have a superlative 40-year record of safe and effective use in the health-care industry. Nor is Abbott a "PVC maker." Abbott Laboratories fabricates safe, government-approved health-care products using pvc materials manufactured elsewhere. CATHERINE V. BABINGTON Vice President, Investor Relations and Public Affairs Abbott Laboratories Abbott Park...
...object, insisting that their products are safe and arguing that animals in plastic studies are given far higher levels of PVC than a human would ever absorb. In at least one experiment, however, rats were deliberately given low PVC doses and still showed ill effects. Abbott Laboratories, a PVC maker, admits there is too little data to draw hard conclusions; with some of its IV bags, it includes a flyer warning of that...