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AstraZeneca PLC (AZN) Boss: We "Double and Triple Checked" Chinese Controls


8/2/2013 8:14:07 AM

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The boss of AstraZeneca (LON:AZN) stated his confidence in the drugmaker’s compliance systems in China, easing concerns it is next in line for a dressing down. Chief executive Pascal Soriot said the company had “double and triple checked” its controls in the wake of the scandal that has thrown rival pharmaceutical giant GlaxoSmithKline into turmoil. Glaxo is under investigation for allegedly bribing doctors and hospitals to boost sales of drugs and vaccines in its fastest-growing market.

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