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Friday, 26 July 2013

China Details Allegations Against Glaxo

The Chinese government released more details Friday about alleged wrongdoing by GlaxoSmithKline, which has been hit in recent weeks by a bribery and corruption scandal at its China unit.


The company also late Thursday named Hervé Gisserot, one of the company’s top executives in Europe, to replace Mark Reilly as the head of its operations in China. Mr. Reilly left the country for London after the company’s offices were raided by the police in late June.


The company said Mr. Reilly is not a target of the bribery and corruption investigation and will remain at the company to help conduct an internal review of the China operation.


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bljworldwide via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/dyHL2hQEDNY/

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