Friday 6 July 2012

Olympic Gold For GlaxoSmithKline


    Demonstrators protesting GlaxoSmithKline's policies regarding generic AIDS drugs in Bangkok, 2004

Here goes the 1st London Olympic gold for corruption to the British pharma GlaxoSmithCline which pleaded guilty to a massive health care fraud in US and agreed to pay a record $3 Billion fine.On 2nd July, 2012 US Justice Dept reported that the criminal charges against Glaxo that made it to pay in billions involved the distribution of  unlicensed drugs.The suggestion was that the company did it by bribing the doctors who again are among the highest earners.