SYRACUSE, N.Y. (AP) — A fired employee who admitted stealing
trade secrets from Bristol-Myers Squibb Co. in a plot to launch a pharmaceutical
business in his native India has been sentenced to a year he’s already served
in jail in upstate New York.
Federal prosecutors say 30-year-old Shalin Jhaveri of Syracuse stole
proprietary material from the New York-based drugmaker while in a management
training program that gave him access to a wide range of information.
The Syracuse Post-Standard reports that Jhaveri sobbed in
court Thursday as he apologized for betraying the trust of the company and his
He pleaded guilty last year to the thefts and e-mailing
samples to an undercover FBI informant posing as a potential investor in the
company he hoped to form.
Jhaveri has a doctorate in chemistry from Cornell University.
He’s expected to be deported to India.