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Last updated on Wednesday, October 9, 2013
(INDIANAPOLIS) - Two former Eli Lilly employees are at the center of a a $55 million case in which trade secrets were given to a Chinese company, according to court documents from federal court.
The two former employees have been indicted, accused of selling the secrets to a Chinese pharmaceutical company. The information they're accused of stealing amounted to 10 years worth of research that Lilly executives believe is worth $55 million.
Guoqing Cao and Shuyu Li were both in court as of 5:15 p.m., as a judge decided whether to detain the two of them. Prosecutors worry if they are granted bond, they'll flee to China.
Cao and Li both worked for Eli Lilly for about 10 years. Their work was in the fields of diabetes and cardiology.
The FBI was able to obtain a string of emails, which led to the indictment.
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