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Wednesday, September 24, 2014

China fines GlaxoSmithKline nearly $500 million for bribery

Drug giant GlaxoSmithKline has apologized to China for bribing health care workers and will pay a fine of nearly half a billion U.S. dollars. More on GlaxoSmithKline (GSK:LN), (GSK:London) is a Global Compact participant since 2007/08/10. In 2014, GlaxoSmithKline was a USD 15,000 contributor to the Foundation for the Global Compact.

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