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Pharma CEOs never do prison for there crimes

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Re: Pharma CEOs never do prison for there crimes

Postby Copy_Cat » Sat Jun 14, 2014 9:41 pm

Cheze2 wrote:right, but what do US laws state?


In the US when the lawsuits roll in from the families of dead patients use a small portion of your windfall profits to settle out of court admitting no guilt.

Read more: Pfizer keeps CEO off the stand with another Chantix settlement - FiercePharma http://www.fiercepharma.com/story/pfizer-keeps-ceo-stand-another-chantix-settlement/2013-01-16

June 14, 2014

Business Week has run a Reuters Shanghai article recounting how increasing numbers of senior drug company executives are considering leaving China due to the government’s on-going crackdown on bribery and corruption in the pharmaceutical industry. Last month Chinese police “shocked the business community,” says Reuters, when corruption charges were laid against the former head of GlaxoSmithKline Mark Reilly whom now “could face decades in prison.”

http://www.madinamerica.com/2014/06/pharma-executives-consider-fleeing-china-corruption-crackdown/


I found a photo of GSK CEO Mark Reilly , this dudes going to China prison, ha ha you POS !

Image
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Re: Pharma CEOs never do prison for there crimes

Postby Copy_Cat » Sun Jun 15, 2014 4:22 am

My bad , that pic above is Andrew Witty, the present chief executive of GlaxoSmithKline.

Google images popped it up for Mark Reilly GSK. Sorry.
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Re: Pharma CEOs never do prison for there crimes

Postby Copy_Cat » Sun Sep 21, 2014 9:06 am

Copy_Cat wrote:corruption charges were laid against the former head of GlaxoSmithKline Mark Reilly whom now “could face decades in prison.”


Nope, pharma criminals don't do prison.

GSK China scandal resolved with $500M fine and suspended jail sentence .

http://www.fiercepharma.com/story/gsk-china-scandal-resolved-500m-fine-and-suspended-jail-sentence/2014-09-19
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