China's Security Ministry said Thursday that several GlaxoSmithKline executives based in the country had confessed to charges of bribery and tax law violations, Reuters reported. Link here.
The bribes were offered to Chinese government officials, medical associations, hospitals and doctors to boost sales and prices, the ministry said in a statement on its website, according to Reuters.
GSK declined to comment on the number or nationality of the staff members involved.
"We take all allegations of bribery and corruption seriously," GSK said in a statement. "We continuously monitor our businesses to ensure they meet our strict compliance procedures - we have done this in China and found no evidence of bribery or corruption of doctors or government officials."