Glaxo fined 490 million in China and apologizes for illegal activities

Saturday, September 20th 2014 - 09:30 UTC

Full article 5 comments

A Chinese court on Friday fined British drug-maker GlaxoSmithKline 3.0 billion Yuan (490 million dollars) following a nearly year-long bribery probe, the company said. Read full article

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golfcronie
The pot calling the kettle black. I thought that is how you did business in these countries, silly me just don't get caught.
Sep 20th, 2014 - 01:42 pm - Link - Report abuse 0
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ilsen
Is the problem that they were found to have been bribing NON-government personnel?
Rather than the proper authorities?
;-)
Sep 20th, 2014 - 02:09 pm - Link - Report abuse 0
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golfcronie
@2
perhaps it wasn't enough?
Sep 20th, 2014 - 07:15 pm - Link - Report abuse 0
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Englander
To be honest I thought the Chinese were really going to throw the book at them. There must be some value to having Glaxo in China especially if they continue their good works, invest in RandD and sack anybody who even thinks of revisiting discredited practices. Hope they've learnt their lesson though I hear more accusations have surfaced elsewhere around the World.
Sep 20th, 2014 - 07:29 pm - Link - Report abuse 0
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ChrisR
@ 2 ilsen

You beat me to it. :o(
Sep 20th, 2014 - 08:18 pm - Link - Report abuse 0
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