China hands drugmaker GSK record $489 million fine for paying bribes
(Reuters) - China fined GlaxoSmithKline Plc (GSK.L) a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British drugmaker.
A court in the southern city of Changsha handed suspended jail sentences to Mark Reilly, the former head of GSK in China, and four other GSK executives of between two and four years, according to state news agency Xinhua.
Briton Reilly, shown on state television wearing a suit and looking tired during the trial, will be deported, a source with direct knowledge of the case said.
The verdict, handed out behind closed doors in a single-day trial, highlights how Chinese regulators are increasingly cracking down on corporate malpractice.
More Here: http://www.reuters.com/article/2014/09/19/us-gsk-china-idUSKBN0HE0T...
Replies to This Discussion
-
Permalink Reply by Nikki on
-
The fines are just a slap on the wrist and they will continue business as usual.
-
-
Permalink Reply by Tara on
-
They did get jail sentences too, however shortened. "A court in the southern city of Changsha handed suspended jail sentences to Mark Reilly, the former head of GSK in China, and four other GSK executives of between two and four years, according to state news agency Xinhua."
You wouldn't see that happen in the US. Every Institution, from big Government down to public schools are in bed with Big Pharma. :(
-
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
What the fuck?
"When will the perverts picked out of the government and positions of power for thorough…"
"Welcome on board. Your input is welcome, but could you provide a translation in…"
"Did you lose the password= As far as I know we have changed nothing her. Continue as Sullivan."
Death of an F-106 Pilot in Pursuit of the Unknown
The year in between 1970 and 1972 on July 14 on a single night when a series of events led to the…See More
"Hey, buddy! You're right, I can't get into my account! "
The Re-Evaluation of our Current Reality
Surprisingly, there has been talk of mankind being enveloped in an artificial reality for decades…See More
Source: Havana Syndrome investigation is "a massive CIA cover-up" | 60 Minutes
For years, the U.S. government has doubted the stories of those suffering from AHI, commonly called Havana Syndrome. Now, victims hope that reports of a newl...
Regrets That Cling to Me
Talking with my shadow in the nightI know it sounds contriteA vacuum without the lightThe silence…See More
Reality Is now Becoming Unhinged
Let’s take a trip down the modern-day rabbit hole we call everyday news and events, but on a more…See More
Ghislaine Maxwell & The Secret "Shadow" 9/11 Commission? | John Kiriakou
"You tuber Sabby Sabs sums up and joins dots. Don't miss this one."
© 2026 Created by truth.
Powered by
