Monday, July 22, 2013

GSK admits to breaking Chinese law in bribery scandal

GlaxoSmithKline has admitted that some of its China employees broke the law and promised to reform its business practices after revelations of a wide-ranging bribery scam that threatens to engulf its reputation in the fast-growing Asian market.

After a meeting with Chinese officials, Abbas Hussain, GSK?s emerging markets chief who was dispatched to China to tackle the rapidly unfolding scandal at the end of last week, said that executives had breached Chinese law.

It is the first time that the drugs maker has admitted wrongdoing in the case, which police say involved ?323 million of bribes funnelled to doctors, hospitals

Source: http://www.thetimes.co.uk/tto/business/industries/health/article3822244.ece

Pink Floyd 12 12 12 Concert amazing race Cam Cameron Ada Lovelace 12/12/12 manny pacquiao

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.