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EPO formulation conspiracy

Executive Summary

Boston U.S. Attorney Donald Stern charges Subrahmanyam Kota and Vemuri Reddy Dec. 15 with "one count of conspiring to transfer and transport stolen property with a value of $5,000 or more in foreign commerce." Reddy and Kota were charged with offering the erythropoietin cell line to an undercover FBI agent who was posing as an agent for "what had been the Soviet KGB," Stern says. Reddy and Koty asked $300,000 for the "patented cell line which Reddy had stolen from Integrated Genetics, Reddy's former employer," the complaint alleges. Integrated Genetics is a Genzyme subsidiary. If convicted of conspiracy, Koty and Reddy each face a maximum penalty of five years in prison and $250,000 fines. The investigation is ongoing

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