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Glaxo profits hit by fall in sales

2014-07-23 13:30:13| BBC News | Business | UK Edition

Glaxosmithkline profits fall as the drugs company is hit by a fall in sales and a bribery investigation in China.

How a secret sex tape plunged British drugs giant Glaxo into a A 90million bribery probe

2014-06-29 17:25:31| Biotech - Topix.net

But after he probed a powerful businesswoman, the Chinese authorities cracked down on Glaxo amid allegations of fraud and bribery The bribery probe which has rocked British drugs giant GlaxoSmithKline was sparked by a secretly filmed video showing one of the firm's managers having sex with his girlfriend, it was claimed today.

Tags: sex british secret drugs

Glaxo Tempts Bidders With A 7.5bn Drugs Sale

2014-05-30 07:47:32| Biotech - Topix.net

GlaxoSmithKline , Britain's biggest pharmaceuticals company, has approached potential buyers of brands including the ulcer remedy Zantac and Seroxat, a well-known antidepressant.

Tags: sale drugs bidders glaxo

Glaxo announces fraud probe opened in U.K., Reuters reports

2014-05-28 07:13:57| Jewelry - Topix.net

Xinhua says Glaxo case example to other foreign firms, Reuters says China's Xinhua news agency said that GlaxoSmithKline's corruption charges against executives in China are an example to other foreign firms and could do irreversible damage to the company's Chinese operations, according to Reuters, citing comments in an editorial from Xinhua news ... (more)

Tags: reports opened fraud probe