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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.
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.
Tags: china
fines
bribery
glaxosmithkline
China fines British drug maker GlaxoSmithKline $492 million, jails executives in bribery case
2014-09-19 11:43:30| Biotech - Topix.net
A state news agency says a Chinese court has fined British drug maker GlaxoSmithKline $492 million and sentenced its British former country manager and others to prison for bribing doctors and hospitals to use its products. The Xinhua News Agency said the former country manager, Mark Reilly, and others were sentenced to two to four years in the case, which highlighted widespread payments to Chinese doctors by sellers of drugs and medical equipment.
Tags: case
china
million
british
Yahoo says it faced $250,000 daily fines for defying U.S. surveillance requests
2014-09-12 13:08:32| InfoWorld: Top News
The U.S. government once threatened to fine Yahoo $250,000 a day if it failed to assist with its surveillance efforts, Yahoo said Thursday. Yahoo said it was threatened with the fines after it challenged surveillance powers granted to the U.S. government under the Protect America Act of 2007. The information has come to light now because the Foreign Intelligence Surveillance Court, which oversees how those laws are implemented, agreed to unseal documents in the case.
BP Faces Hefty Fines For Gross Negligence in 2010 Gulf Oil Spill
2014-09-11 21:03:22| ENR.com: Headline News
Money will boost cleanup work for firms, but it could be years before anyone sees substantial funds.
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