Latest News:  


AstraZeneca probed in China amid GSK scandal

(People's Daily Online)

17:36, July 23, 2013

After bribery allegations were raised against GlaxoSmithKline (GSK), Chinese police have targeted another global leading drug maker AstraZeneca (AZ).

A report said Chinese police had visited the Shanghai office on Friday and taken away one employees for questioning, according a spokesman for AZ.

Sun Xiaoyun, AZ’s PR director in China confirmed the report but claimed that the reason of the employee being taken away has nothing to do with the company.

Chinese authorities are investigating into GSK, AZ’s major rival, accusing it of bribing officials and doctors to boost sales and raise the price of its medicines.

It seems Chinese authorities are widening the investigation into foreign drug makers. Last week, a spokesman for the Belgian drug maker UCB said that officials from China’s anti-trust regulator had visited UCB’s Shanghai office. Roche Group, Novartis and other dozens of multinationals were reportedly involved in the probe but all of them denied the involvement.

In the face of the intensive compliance inspections of Chinese police and industrial regulator, many multinational drug makers have become low profile.

A Chinese employee working for a foreign drug maker told media that pharmaceutical magnates like Pfizer, Novartis and AZ had quietly cancelled academic conferences in China.

Backgrounder: About AstraZeneca (AZ)

AZ is a British-Swedish biopharmaceutical manufacturer. In June 2012, AZ set up its Chinese headquarters in Shanghai with investment of more than 100 million U.S. dollars. AZ’s Losec (Omeprazole) is the best-selling drug in the world.

We Recommend:

Migrant workers' high incomes not that rosy

Glamorous girls highlight Hainan auto show

Top 10 profitable companies in China

Born to lead: 2nd gen of Chinese tycoons

How foreign firms deepen China’s milk headache?

Where is the end of the slump of gold price?

Cross-sea bridge to open in E China

GSK execs allegedly received sexual services

In pictures: history of China's auto industry

Email|Print|Comments(Editor:GaoYinan、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Special operation members' combat skills

  2. PLA Air Force holds night flight training

  3. Philippe sworn in as king of Belgium

  4. Rescuers make every effort in quake-hit area

  5. Beijing knife attack leaves one dead

  6. China's weekly story (2013.7.13-7.18)

  7. 29 gorgeous castles from around the world

  8. Press of 'Crimes of Passion'

  9. EU regulation enhances toy safety

  10. Imports of French wine go sour

Most Popular


  1. Jobless rate to be 'last straw' for policy direction
  2. Abe should focus more on Japan's economy
  3. Are 'dark fairy tales' appropriate for children?
  4. Xi Murong: Poets and poetry never die
  5. Chinese brands should ‘be bold’
  6. Yuan rises 34% against USD, what next?
  7. How strong is China company?
  8. Imports of French wine go sour in China
  9. Middle-income group vital for China
  10. World wants to see a healthy Chinese economy

What’s happening in China

China builds 'world's tallest building'

  1. Rules covering immigration agencies need clarity
  2. Hunan issues orange alert for high temperatures
  3. Rescue work continues in quake-hit areas
  4. Seven trapped in Sichuan coal mine accident
  5. 8 dead, 10 injured in Zhejiang crash