Two months after stepping down from the role of chief executive officer of Legend Biotech, Fangliang “Frank” Zhang was arrested for smuggling genetic resources from the People’s Republic of China.

One year after his arrest, PixarBio CEO Francis Reynolds was convicted of defrauding investors of $12.7 million.

The year 2018 saw a number of significant triumphs in the biopharma industry – increased numbers of drug approvals and near record-shattering IPOs, but the industry also saw its share of blemishes and black eyes from various corners of the globe.

The U.S. Justice Department announced charges against 601 people including doctors and nurses for taking part in healthcare fraud and opioid-related crimes that resulted in more than $2 billion in losses.