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Monday, August 19, 2013

China probes France’s Sanofi for bribery

French drugmaker Sanofi has been accused of dishing out almost $280,000 in bribes to Chinese doctors in 2007 in a bid to up its sales. Beijing corruption officials have opened a formal investigation. More on France 24. Sanofi is a Global Compact participant since 2000/07/26, and is considered as one of the organization's Founding Fathers. Sanofi was a USD 15,000 contributor to the Foundation for the Global Compact in 2013, a Gold Contributor (USD 10,000) in 2012 and 2011.

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