Glaxo : Chinatopix

Home > Glaxo

Glaxo

Glaxo to Pay $20M to Settle SEC Bribery Charges in China

Oct 02, 2016 09:57 PM EDT

GlaxoSmithKline PLC (GSK) has agreed to pay $20 million to settle civil charges allegations that it bribed foreign officials in China to boost medicine sales, the United States regulator revealed on Friday.

GSK Fires More Than 100 Employees Over China Bribery Scandal

Geann Pineda |

Mar 09, 2015 03:19 AM EDT

UK drug maker GlaxoSmithKline sacked more than a hundred of its employees in China - its biggest round of dismissals after getting embroiled in a bribery scandal.

GlaxoSmithKline Under Investigation for Unethical Commercial Practices

Christl Leong |

May 28, 2014 01:46 PM EDT

GSK announced Tuesday that Britain's fraud office has launched a formal investigation into their "commercial practices." The company is fully cooperating with local authorities and adds that it doesn't condone unethical practices such as bribery and corruption.