The US Department of Justice is scrutinising payments by leading pharmaceuticals companies for hospitality, consultants, licensing agreements and charitable donations in markets around the world as part of a wide-ranging corruption probe. GlaxoSmithKline, Pfizer, Bristol-Myers Squibb and Eli Lilly, among others, have disclosed being contacted by the DoJ and Securities and Exchange Commission in connection with the investigation. Merck, the US drugs group, announced that it had also been contacted and was co-operating with investigators.
Read article at yahoo.com
An investigation is long overdue, surely?
Saturday, August 21, 2010
US Department of Justice is probing corruption in the pharmaceutical industry
Posted by Willow at 5:28 pm
Labels: Bristol-Myers Squibb, corruption, drug industry, Eli Lilly, GlaxoSmithKline, Merck, Pfizer, Pharmaceutical companies, US Department of Justice
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