doctors in China, GlaxoSmithKline (NYSE: GSK ) was ordered by a China court to pay a ..... billion RMB) is a record in China, though GSK is probably relieved it wasn't higher. In addition, Mark Reilly, head of GSK China's operations when the scandal broke
SHANGHAI/LONDON (Reuters) - China fined GlaxoSmithKline Plc 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.
* Former China head gets suspended sentence, to be deported
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GlaxoSmithKline (NYSE: GSK ) will pay a $488M fine after being found guilty ..... promote use of its medicines. Former head of GSK ’s China business, Mark Reilly, and four other senior Chinese GSK managers pleaded guilty to the charges, and
SHANGHAI, Sept 19 (Reuters) - Mark Reilly, the former China head of British drugmaker GlaxoSmithKline PLC, will be deported from China and will not face jail time in the country, according to a source with direct knowledge of the matter.
BEIJING, Sept 19 (Reuters) - China has fined British pharmaceuticals giant GlaxoSmithKline Plc 3 billion yuan ($488.8 million) for paying out bribes in what is a record penalty for China, state news agency Xinhua said on Friday.
* Changsha intermediate People's Court in Hunan Province, China ruled that GSK China Investment Co. Ltd (GSKCI) has, according to Chinese law, offered money or property to non-government personnel
* Joins GlaxoSmithKline in celebrating site dedication of Texas A&M pandemic influenza vaccine facility in Texas