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CN: GlaxoSmithKline (GSK) Execs Confess to Bribery Charges, Corruption


7/11/2013 7:22:38 AM

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Senior managers of British pharmaceutical firm GlaxoSmithKline (GSK) in China have confessed to bribery, "serious" business offences and tax crimes, police said Thursday. "As a big multinational pharmaceutical company, GSK China in recent years rampantly bribed some government officials, a number of pharmaceutical industry groups and funds, hospitals and doctors," the ministry of public security said in a statement. The firm did so in order to sell products or raise prices, it said, adding that benefits were provided "via travel agencies and other channels in the form of direct bribery or sponsorship".

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