home favorites 中文|ENGLISH
logo标志

 

JIANGSU HAIHUA BIO-TECHNOLOGY CO., LTD

 
News Categories
No content
 
Contact us

Address: No.18, Weisan Rd.
             Dingmao Industrial Zone
             Zhenjiang,Jiangsu,China
Zip Code:212009
Tel:86-0511-88897370,
       86-0511-88897371

Fax:      86-511-88898068
Website:www.jshhbio.com
Mailbox:sales6@jshhbio.com

   
Information

China begins a nationwide 3 month pharma probe

2013/8/23 14:12:52

Contents

biospectrumasia

China’s State Administration for Industry and Commerce has launched a nationwide three month investigation into bribery in the country’s medical sector by international pharmaceutical firms

Singapore: After increasing probes into operations of pharmaceutical multinational operations in China, the country's State Administration for Industry and Commerce has launched a nationwide three month investigations. The Chinese government regulator would be probing the bribery in the country's medical sector by international pharmaceutical firms.

The Chinese government, which is already involved in investigations that target about 60 healthcare companies, launched the latest probe in Chinese industrial and business centers last week.

The State Administration for Industry and Commerce, which aims at reducing bribery in the swiftly expanding industry in China, announced the nationwide investigation following British drug maker GlaxoSmithKline's Chinese pricing scandal.

Several high ranking Chinese officials working for the company are facing allegations of bribing doctors to boost drug sales. Further, companies like Novartis, Sanofi, Lilly, AstraZeneca, UCB and others are facing several allegations, for which investigations are underway.

Officials have said that the investigation will be targeted at price-fixing and other anti-competitive practices that, along with serious fraud and corruption, which are thought to be major issues for the Chinese pharmaceutical market.

[←]China"s Healthcare Reforms Offer Opportunities for Global Pharma [→]Indian nutraceuticals market to double in next 5 years
 

Tel :86-511-88897370 Fax: 86-511-88898068
E-mail: sales1@jshhbio.com
Address: No.12, Sipingshan Rd., Dingmao Industrial Zone, Zhenjiang, Jiangsu, China
Copyright: Jiangsu Haihua Bio-technology Co., Ltd.