GSK Says Execs May Have Broken Chinese Bribery Laws

Law360, Washington (July 22, 2013, 11:55 AM EDT) -- U.K. drugmaker GlaxoSmithKline PLC announced Monday that some of its senior executives in China may have violated the law in an alleged bribery scandal in which Chinese officials claim the company paid physicians and hospitals to bolster its drug sales.

GSK's emerging markets head Abbas Hussein noted Monday that the company participated in a “very constructive” meeting with China's Ministry of Public Security over the bribery allegations, and that the pharmaceutical giant plans to cooperate with government officials' ongoing investigation and root out any corruption in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.