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Friday, August 17, 2012

Pfizer Settles Foreign Corrupt Practices Act Violation For China Business

U.S.-based Pfizer Inc. says it has resolved U.S. Department of Justice and Securities and Exchange Commission matters related to certain improper payments in the operations of two of its subsidiaries outside the United States, which Pfizer voluntarily reported to the U.S. government beginning in 2004. Read more on China CSR. Read original SEC press release. Pfizer Inc. (PFE:New York) is a Global Compact participant since 2002/10/04. It was a Gold Contributor to the Foundation for the Global Compact in 2010.

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