Arab Today, arab today china state media raises pressure on britain\s gsk
Last Updated : GMT 00:34:19
Arab Today, arab today
Arab Today, arab today

China state media raises pressure on Britain\'s GSK

Arab Today, arab today

Arab Today, arab today China state media raises pressure on Britain\'s GSK

Shanghai - AFP

Chinese state media increased the pressure on British pharmaceutical giant GlaxoSmithKline (GSK) over a bribery investigation Tuesday, accusing the firm of being responsible rather than individual employees. The inquiry into GSK comes as authorities target foreign firms in fields ranging from medicines to food, sometimes for what analysts say is standard practice engaged in on a larger scale by dmestic companies. Police have already accused GSK staff of offering doctors bribes to prescribe its products and detained four executives. But the official Xinhua news agency said: \"As the investigation is moving on, it is becoming clear that it is organised by GSK China rather than drug salespeople\'s individual behaviour.\" GSK has previously admitted that some of its executives broke Chinese In a statement issued Tuesday, GSK said it was concerned about allegations of misconduct and would cooperate with the police investigation. \"We remain deeply concerned by the allegations of fraudulent behaviour and ethical misconduct in our China business,\" it said. \"The issues identified would be a clear breach of our corporate values and we have zero tolerance for any behaviour of this nature.\" Xinhua cited one of the detained GSK officials, general manager for business development Huang Hong, as saying the company set up a special team to handle important clients which had an annual \"relations\" budget of nearly 10 million yuan ($1.6 million). The report did not say those funds were used for bribes. Sales growth targets set by the firm as high as 25 percent put pressure on employees, Xinhua quoted Huang as saying. \"If we didn\'t have... enough input into safeguarding customer relations, using some methods that broke the rules, it would be hard to meet such high sales growth targets,\" she added. A travel agency which allegedly served as a conduit for bribes to doctors also gave GSK executives kickbacks in return for business, Xinhua said. The Shanghai Linjiang International Travel Agency -- which has already been shut by authorities -- gave more than 2.0 million yuan to GSK vice president Liang Hong, who has also been detained, the report said, and at least two other executives. Police in Shanghai, who are leading the investigation, could not be reached for comment. At the same time as investigating GSK, Chinese authorities are mounting a broader probe into foreign pharmaceutical firms\' pricing in the country. US drugmaker Eli Lilly and France\'s Sanofi have both come under scrutiny after anonymous whistleblowers cited by Chinese state media claimed that employees paid bribes. Eli Lilly said it was investigating, while Sanofi said it was taking the claims \"seriously\".

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china state media raises pressure on britain\s gsk Arab Today, arab today china state media raises pressure on britain\s gsk

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 05:13 2017 Tuesday ,14 February

Sharjah TV begins 3rd season of Sharjah Junior Munshid

GMT 03:43 2017 Saturday ,11 February

National Media Council's New Logo Launched

GMT 15:06 2017 Friday ,10 February

383 violations against media freedoms during 2016

GMT 15:33 2017 Thursday ,09 February

Egypt backs Trump’s media criticism

GMT 01:44 2017 Wednesday ,08 February

Dubai Media City and Thomson Reuters host blood drive
View News in Arabic - Media: آخر الأخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday