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Shares of Netflix, the first of the megacap techs to report, slide in early trading

Pfizer, ex-employee reach accord over COVID-19 vaccine secrets

Jonathan Stempel and Blake Brittain
·1 min read

By Jonathan Stempel and Blake Brittain

NEW YORK, Dec 7 (Reuters) - Pfizer Inc has reached a truce with a former longtime employee it sued two weeks ago for allegedly stealing confidential documents related to its COVID-19 vaccine and other drugs.

Under an agreement filed on Monday, Chun Xiao Li, a former associate director of statistics and 15-year Pfizer veteran, will let Pfizer's lawyers review her computers and online accounts for the drugmaker's confidential information.

Pfizer is expected to complete that review by Dec. 29, when Li must also submit a sworn declaration that she no longer possesses its confidential information or trade secrets.

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The drugmaker's lawsuit in San Diego federal court could end in early January if the conditions are met.

Adam Cashman, a lawyer for Li, declined to comment on Tuesday.

Pfizer, based in New York, had sued https://www.reuters.com/business/healthcare-pharmaceuticals/pfizer-sues-departing-employee-it-says-stole-covid-19-vaccine-secrets-2021-11-24 Li on Nov. 23, saying she had uploaded more than 12,000 files without permission from her company-issued laptop as she was preparing to join another company.

It said the files included a "playbook" discussing the Pfizer/BioNTech COVID-19 vaccine, Pfizer's relationship with its German vaccine partner and presentations related to cancer antibodies.

(Reporting by Blake Brittain in Washington, D.C. and Jonathan Stempel in New York; Editing by Dan Grebler)