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ARTICLE · 16 NOVEMBER 1999

A Case Study: A U.S. And A German CEO React To Theft Of Trade Secrets

Hale and Dorr LLP
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United StatesEmployment and HR

by Richard V. Wiebusch, Vincent I. Parrett and Marion Eichert (please see endnote 1)

Unisystems Biotechnologies, Inc. ("UniBio") is a large biotechnology company based in Burlington, Massachusetts, just outside of Boston. It employs 1,250 people in two locations in the United States, and its stock is publicly traded on the NASDAQ. Harold Biden has been the CEO of UniBio since 1996.

Goethetechnologik GmbH ("Goethe") is a large German chemical manufacturer based in Cologne. It employs 10,000 people at three locations in Germany; its newest plant is located in the former East Germany. The firm is privately held.

In 1997, UniBio and Goethe entered into a joint venture to develop drugs to prevent colon cancer. Responding to financial incentives from the German government, they established the research center for the joint venture in Munich, Germany, and built a modern 40,000 square foot biotech research facility at that location. At present, 200 research scientists and production

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