GSK Attempts to Stop The Rot And Maintain Market Share In China By Axing Employees
This article was originally published in PharmAsia News
Acutely aware of a “bribery blacklist” that was supposed to be posted in March, but which has so far not appeared, scandal-hit GlaxoSmithKline is cleaning house by firing corruption-tainted China employees as it attempts to head off further sanctions.
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A rapidly reforming policy and regulatory environment and a growing culture of innovation are encouraging capital and talent to pour into China, making it a question of when, rather than if, the payoffs will come for both consumers and investors.
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