GLAXOSMITHKLINE Fined $488.8 Million Dollars For ‘Massive Bribery Network’ With Doctors

Think that the medical doctors don’t get kickbacks for prescribing certain medications? Think again!

China has fined the British pharmaceuticals giant GlaxoSmithKline (GSK) $488.8 million (3 billion Yuan) for a “massive bribery network” to get doctors and hospitals to use its products. Five former employees were sentenced to two to four years in jail, but ordered deported instead of imprisoned, according to state news agency Xinhua today.

The guilty verdict was delivered after a one day closed door trail in Changsha, the capital city of Hunan province. The fine was the biggest ever imposed by a Chinese court.

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