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GSK as a Watershed in the International Fight Against Bribery and Corruption

2014-10-10 08:40:54| Biotech - Topix.net

GlaxoSmithKline PLC may well be a watershed in the global fight against bribery and corruption. Behavior and conduct, which was illegal under Chinese law but previously tolerated and even accepted by Chinese government officials, quickly became a quagmire that the company was caught in when charges of corruption were leveled against them last year.

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China fines GSK $492m for bribery

2014-09-21 15:21:04| Biotech - Topix.net

Drugmaker GlaxoSmithKline was fined $492 million on Friday for bribing doctors in China, the biggest such penalty ever imposed by a Chinese court. The court sentenced the company's former China manager, Briton Mark Reilly, and four Chinese codefendants to prison but postponed the sentences for two to four years, suggesting they may never be served.

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a GSK apologizes for China bribery scandal, will pay $492M fine

2014-09-20 15:24:13| Biotech - Topix.net

Drug giant GlaxoSmithKline issued a full written apology in both English and Chinese and will pay a $492 million fine following a bribery investigation. The fine, the result of an investigation initiated by China's Ministry of Public Security in June 2013, is the largest ever levied against a corporation by a court in China.

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China fines GlaxoSmithKline $492M for bribery

2014-09-19 17:03:04| Biotech - Topix.net

President Barack Obama is unveiling new public service announcements against campus sexual assault in a campaign being supported by the NCAA and several media companies with reach among college students. President Barack Obama is unveiling new public service announcements against campus sexual assault in a campaign being supported by the NCAA and several media companies with reach among college students.

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GSK fined $490m by China for bribery

2014-09-19 12:28:01| BBC News | Business | UK Edition

China fines UK pharmaceuticals firm GlaxoSmithKline $490m (297m) for bribery and its former head of Chinese operations is given a suspended jail sentence.

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