
ALT WOW! According to Bloomberg’s BEAM has recently filed a lawsuit against one of its former scientists which is the co-founder of the Chinese BioTech company YolTech Therapeutics now merged into BOLD via Serapha Bio, claiming that its former employee stole its trade secrets. According to BEAM’s lawsuit while the employee was allegedly still on the company’s payroll the employee used stolen trade secrets to rapidly file patents on a treatment for the same rare lung and liver disease - alpha-1 antitrypsin deficiency or AATD, for which Beam has started developing its own Base-Editing treatment called BEAM-302 almost a decade ago. BEAM practically had no other choice but to sue its former employe and this will be a super important test case for the entire American BioTech and Pharma ecosystem and to its ability to safeguard its IP rights. Super interesting!


























