Apotex chief executive steps down amid tumult at generics firm

Medicine capsules in a factory production line

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President and chief executive of Canada’s biggest generic drugmaker resigns the same day that police announce its founder and his wife were murdered

The president and chief executive of Apotex, the largest producer of generic drugs in Canada, has resigned just months after being accused by the Israeli pharmaceutical firm Teva of stealing trade secrets. Teva, the world’s biggest generic drug manufacturer, sued Jeremy Desai last year, claiming that he accepted trade secrets from a former Teva employee with whom he had a relationship.