China fines British drugmaker GSK $489 million, jails ex-China head

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Báo Thanh Niên English 1 week(s) ago

China fines British drugmaker GSK $489 million, jails ex-China head

China has fined British pharmaceuticals giant GlaxoSmithKline Plc GSK.L 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.

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Ebola vaccine fully successful in monkey tests

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Báo Thanh Niên English 3 week(s) ago

Ebola vaccine fully successful in monkey tests

Monkeys infected with Ebola five weeks after they were given an experimental vaccine from GlaxoSmithKline Plc (GSK) survived without developing any symptoms of the deadly virus, leading researchers to start human tests.

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China prosecutors charge GSK-linked investigators with illegally obtaining data

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Báo Thanh Niên English 1 month(s) ago

China prosecutors charge GSK-linked investigators with illegally obtaining data

Chinese prosecutors on Friday charged a British investigator and his American wife with illegally obtaining private information in a case that could be key to a bribery investigation against GlaxoSmithKline Plc.

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Chinese police charge British former GSK China head with bribery

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Báo Thanh Niên English 4 month(s) ago

Chinese police charge British former GSK China head with bribery

Chinese police on Wednesday said they had charged the British former China head of drugmaker GlaxoSmithKline PLC and other colleagues with corruption, after a probe found the firm made billions of yuan from bribing doctors and hospitals.

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Police say GlaxoSmithKline China head ordered bribery

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Báo Thanh Niên English 4 month(s) ago

Police say GlaxoSmithKline China head ordered bribery

Chinese police said on Wednesday the former China head of British drugmaker GlaxoSmithKline PLC ordered his subordinates to commit bribery, bringing in "illegal revenue worth billions", the official Xinhua news agency reported.

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GSK faces bribery investigation in Poland: BBC

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Báo Thanh Niên English 6 month(s) ago

GSK faces bribery investigation in Poland: BBC

The GlaxoSmithKline building is pictured in Hounslow, west London June 18, 2013.

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Rattled by investigations, foreign firms in China beef up compliance

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Báo Thanh Niên English 14 month(s) ago

Rattled by investigations, foreign firms in China beef up compliance

A Chinese national flag flutters in front of a GlaxoSmithKline (GSK) office building in Shanghai July 12, 2013.

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China arrests two foreign fraud investigators

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VietnamNet English 14 month(s) ago

China arrests two foreign fraud investigators

China has formally arrested a husband-and-wife team of fraud investigators, one British and one American, diplomats said Thursday, whose firm did work for GlaxoSmithKline (GSK) which is facing a bribery probe.

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$1m prize launched for healthcare

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VietNam News English 14 month(s) ago

A US$1 million Healthcare Innovation Award for healthcare innovations that reduce child deaths in developing countries has been launched.

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Drugmakers fear short-term 'turmoil' as China probes widen

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Báo Thanh Niên English 15 month(s) ago

Drugmakers fear short-term 'turmoil' as China probes widen

A flag (L) bearing the logo of GlaxoSmithKline (GSK) flutters next to a Chinese national flag outside a GlaxoSmithKline office building in Shanghai July 12, 2013

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GSK China probe a bitter pill for foreign firms

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VietNam News English 15 month(s) ago

Beijing's targeting of British pharmaceutical giant GlaxoSmithKline in a high-profile bribery probe is a reminder of the risks foreign companies face when seeking the huge rewards of China's market, analysts say.

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China travel agency in Glaxo probe used by Sanofi, Roche

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Báo Thanh Niên English 15 month(s) ago

China travel agency in Glaxo probe used by Sanofi, Roche

A GlaxoSmithKline Plc logo sits on glass windows at the company's headquarters in London. Glaxo’s executives “violated China’s laws and damaged markets by engaging in bribery to raise drug prices, expand sales and reap inappropriate profits,” the Public Security Ministry said in a statement posted on its website on Jul. 21. Photo: Bloomberg

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US urged to ease diabetes drug restrictions

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VietnamNet English 17 month(s) ago

US urged to ease diabetes drug restrictions

Independent experts urged US regulators to reduce restrictions on GlaxoSmithKline's controversial diabetes drug Avandia, banned in Europe over heart attack risk concerns.

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Recalled vaccine within safety limits

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VietNam News English 24 month(s) ago

Parents have been told not to worry or re-vaccinate babies after doses of the GlaxoSmithKline's Infanrix vaccine were recalled last month in Viet Nam and some other countries.

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Vietnam recalls baby vaccine over bacteria fear

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SaiGon GP English 24 month(s) ago 1 duplicate news

Vietnam recalls baby vaccine over bacteria fear

After a report by GlaxoSmithKline that a small amount of Bacterium Bacillus Cereus was found on the surface of a vaccine manufacturing line, a precautionary recall is being made of the product by Vietnam’s health watchdog.

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