Thursday, May 29, 2014

Former Bard, BD engineer pleads guilty to stealing trade secrets

Ketankumar Maniar pleaded guilty to stealing trade secrets from two former employers, C.R. Bard and Becton, Dickinson and Co. (BD), in federal court in Trenton, NJ, according to a May 28 statement from the Department of Justice. He was charged with two counts of theft and attempted theft of trade secrets for his own economic benefit.

The 37-year-old stole information about the development of the first implantable port used for power injection of pharmaceuticals from Bard, where he worked as an engineer from 2004 to 2011 in the company's Salt Lake City office. Between 2012 and 2013 he stole information about a self-administered disposable pen injector from BD's Franklin Lakes, NJ, headquarters, the statement says.

Maniar stored the information on external hard drives and also sent information from his work email to his personal email account. He admitted to stealing and keeping the information about the products following his resignation from both companies.

Read more here.

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