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Merck/Shering

Executive Summary

Former researcher Bernard Mayles, PhD, and Biopharm Research head Mario Miscio, PhD, will be sentenced on May 20, following their convictions last week for selling trade secrets involving Merck's ivermectin (Mectizan) and Schering's interferon (Intron-A). Found guilty by a jury of 12 counts of conspiracy and wire fraud, each could face up to 65 years in jail and hundreds of millions of dollars in fines. The two were initially charged on Aug. 21 after they tried to sell the trade secrets to an under cover FBI agent for approximately $10 mil. ("The Pink Sheet" Aug. 27, T&G-12). The FBI was alerted to the scam by the security department of one of the pharmaceutical firms.

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