Updated Apr. 15, 2014 at 5:50 a.m.

Premium Lock Bribery investigations continue to surface for Glaxo

Published: 2014-04-14 14:58:00
Updated: 2014-04-15 05:50:47

GSK's HQ in London        GSK's HQ in London

The BBC is reporting that pharmaceutical company GlaxoSmithKline is accused of bribing doctors to prescribe medicines in Poland, making this the third country to have an investigation currently ongoing....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Copyright 2014 WRAL TechWire. All rights reserved.
Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

page 1
sort order: oldest first | newest first
As these giant pharmaceutical companies have merged they have increasingly lost their morals and integrity in the quest for greater and greater profits. Indeed some of their practices have sacrificed some of the poorest children in the world on the drug industry's altar of profits and shareholder value. In this respect the shareholders are just as bad as the companies themselves as they do nothing about the dark side of the pharmaceutical industry's activities. Unfortunately although over the last 5-years criminal fines have been paid of over £20 billion by the largest pharmaceutical companies alone, this is no deterrent as drug mark-ups, no matter if the drugs work or not, is an enormous 50% plus. Therefore when companies like Glaxo pay out $3 billion+ in out-of-court settlements on a mere few drugs that they manufacture, it is only really an expense when you consider that they made over $14 billion out of the drugs that they sold to the public illegally -
page 1
sort order: oldest first | newest first

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners


Vivek Wadhwa
Dr. Mike Walden
Tech economy
Frank Vinluan
Life science