Roche, GSK, Pfizer among drugmakers being investigated for corruption by Romanian authorities
Government authorities in Romania are investigating charges of corruption against domestic units of nearly a dozen big pharma companies including Roche (ROG: SIX), GlaxoSmithKline (LSE: GSK), Pfizer (NYSE:PFE) and Novartis (NOVN: VX), according to reports.
Romania's National Anti-Corruption Directorate (DNA) is investigating suspicions of corruption offenses related to prescription and purchase of cancer medication by certain health institutions and medical doctors in the country between 2012 and 2015.
It is being alleged that Romania-based subsidiaries of pharma companies, which also includes Teva (NYSE: TEVA), Actavis (now called Allergan), Alvogen, Egis (FRA: EGS) and Glenmark, bribed medical doctors in a bid to pump up sales of their cancer drugs. The scandal involved multiple officials at the oncology sub-program of Romania's National Health Programme, as well as a public health department inspector responsible for pharmacies.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
More on this story...
Today's issue
Company Spotlight
More Features in Generics
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze