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September 19, 2014

China Fines GlaxoSmithKline Record $490 Million for Bribery 
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China has fined the British pharmaceutical maker Glaxo Smith Kline $490
million over claims it bribed doctors and hospitals to promote its
products. It is the largest corporate fine in China's history. A top
executive for the firm in China, Mark Reilly, has also been sentenced to
three years in prison.

 

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