by Richard Daverman, PhD
December 17, 2013 -- A Shanghai Pharmaceuticals subsidiary has been accused of bribing hospital staff to prescribe its drugs. According to a whistleblower, Qingdao Growful Pharma paid 766,500 RMB ($126,300) in bribes to boost sales of an iron supplement, Hong Yuan Da. The report alleges the bribes went to staff members of 31 hospitals in Qingdao during the first six months of 2013. More details.....
Stock Symbol: (SHA: 601607; HK: 2607)
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