GlaxoSmithKline Says Executives Appear to Have Broken Chinese Law

Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

British drugmaker GlaxoSmithKline said on Monday some of its executives in China appeared to have broken the law in a bribery scandal, as it promised changes in its business model that would lower the cost of medicine in the country. GSK is the latest in a string of multinationals to be targeted by Chinese authorities over alleged corruption, price-fixing and quality controls. Chinese police visited the Shanghai office of another British drugmaker, AstraZeneca, a company spokeswoman said on Monday.

Help employers find you! Check out all the jobs and post your resume.

MORE ON THIS TOPIC