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Swiss drugmakers not contacted by China after GSK probe
July 17, 2013 / 6:08 AM / in 4 years

Swiss drugmakers not contacted by China after GSK probe

ZURICH (Reuters) - Swiss drugmakers Novartis NOVN.VX and Roche ROG.VX said on Wednesday they were not aware they were under scrutiny by Chinese authorities in light of the ongoing investigation into British drugmaker GlaxoSmithKline (GSK.L) on allegations of bribery.

A Novartis logo is pictured on its headquarters building in Mumbai April 1, 2013. REUTERS/Vivek Prakash

“We have not been contacted by Chinese authorities on this matter,” Novartis Chief Executive Joseph Jimenez told reporters on a conference call.

Chinese police on Monday accused British drugmaker GlaxoSmithKline of channelling bribes to Chinese officials and doctors through travel agencies to boost sales illegally and raise the price of its medicines in the country.

Fellow Swiss drugmaker Roche ROG.VX also said it had not been approached by officials in the country.

“We are not aware of any anti-corruption probes in China against Roche. We are committed to ensure the same high standards of compliance for all Roche employees worldwide,” a spokesman said in a statement.

Reporting by Caroline Copley

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