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China fines GSK $492m for bribery

2014-09-21 15:21:04| Biotech - Topix.net

Drugmaker GlaxoSmithKline was fined $492 million on Friday for bribing doctors in China, the biggest such penalty ever imposed by a Chinese court. The court sentenced the company's former China manager, Briton Mark Reilly, and four Chinese codefendants to prison but postponed the sentences for two to four years, suggesting they may never be served.

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Category:Biotechnology and Pharmaceuticals

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