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Glaxo warns China corruption scandal will hit business

Started by riky, July 25, 2013, 09:00:28 AM

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riky

Glaxo warns China corruption scandal will hit business

<p><a href="http://news.yahoo.com/glaxosmithkline-sees-hit-china-corruption-scandal-111203674.html"><img src="http://l1.yimg.com/bt/api/res/1.2/9l4l7KJ63X_ezqLqJFQ0CA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-24T195908Z_4_CBRE96N0V8F00_RTROPTP_2_GSK.JPG" width="130" height="86" alt="A box of Panadol pain relief tablets is seen at a pharmacy in London" align="left" title="A box of Panadol pain relief tablets is seen at a pharmacy in London" border="0" /></a>By Ben Hirschler LONDON (Reuters) - A &quot;shameful&quot; corruption scandal in China will inevitably impact GlaxoSmithKline's business, the British drugmaker's chief executive said on Wednesday, adding he was ready to go to Beijing &quot;at the right moment.&quot; In his first public comments since the crisis broke a fortnight ago, Andrew Witty said GSK would set up an independent review to investigate the &quot;deeply disappointing&quot; allegations. ...</p><br clear="all"/>

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