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BioWorld - Friday, April 17, 2026
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Biotech’s White Knight (aka Serial Cheater) Gets Prison Time, Finally

May 3, 2013
By Lynn Yoffee
It’s been 16 years since I first reported in BioWorld Today that David Blech was charged with securities fraud. In April 1997, I reached him at his New York office a few days after his arraignment in a U.S. District Court. Though he wouldn’t comment on the case, he chided me repeatedly for using the word “arrested,” insisting that I tell our readers he “appeared voluntarily” for the arraignment, still worried about his reputation ‑ as if it wasn’t already rubbish. Frankly, I’m satisfied he’s going to serve time. Angry that our judicial system can’t penalize him with a longer...
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