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British Drug Maker Caught in China Bribery Scheme

British pharmaceutical giant GlaxoSmithKline has been hit with the biggest fine ever imposed by the People’s Republic of China for allegedly bribing doctors and others in China’s medical system to use and prescribe the company’s drugs. And, this came about after the company illegally collected personal data on a number of Chinese nationals. The British drug maker incurred a three billion Chinese yuan penalty – roughly $489 million – the largest ever fine imposed by Beijing. It was...

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