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China probes pricing at drugmakers including GSK, Merck

Started by riky, July 05, 2013, 09:00:21 AM

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riky

China probes pricing at drugmakers including GSK, Merck

<p><a href="http://news.yahoo.com/china-probes-british-drugmaker-gsk-report-054547224.html"><img src="http://l2.yimg.com/bt/api/res/1.2/avJstbJXKGnt15Zpk7SR5Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-04T182453Z_2_CBRE9630G0K00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="Signage is pictured on the company headquarters of GlaxoSmithKline in west London" align="left" title="Signage is pictured on the company headquarters of GlaxoSmithKline in west London" border="0" /></a>By Kazunori Takada SHANGHAI (Reuters) - China's top economic planning agency is investigating costs and prices charged by drugmakers, including units of GlaxoSmithKline and Merck, as foreign firms come under pressure from Beijing over possible price-fixing. The move follows a separate probe into instant milk powder, which has already led to price cuts. The National Development and Reform Commission (NDRC) is surveying production costs and prices charged at multiple foreign and Chinese drug companies, according to a July 2 statement from the commission. ...</p><br clear="all"/>

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