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(Yahoo)   GSK executives: we categorically deny we took part in any scheme to bribe Chinese health officials to keep our drug prices high in the country, and oh , did we mention our new business model that will let us dramatically lower prices in China?   ( ) divider line
    More: Obvious, GSK, Chinese law, Chinese, Chinese Police, AstraZeneca, public security bureau, price-fixings  
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806 clicks; posted to Business » on 22 Jul 2013 at 1:52 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

9 Comments     (+0 »)
View Voting Results: Smartest and Funniest
2013-07-22 01:57:26 PM  
China isn't the best place to be when the officials come knocking on your door.
2013-07-22 02:18:21 PM  
Is it anything like the bribery scheme that lets you keep your drug prices high in the United States?
2013-07-22 02:35:02 PM  
Big deal. What about the issues in America where generic low cost drugs are as good as the name brand drugs your doctor and health plan direct you to get?
2013-07-22 03:13:17 PM  
I guess those GSK executives don't like having their organs INSIDE of their bodies.  The Chicoms are well-known for giving those tasty organs to Japanese businessmen...
2013-07-22 03:27:53 PM  
Obviously they didn't bribe enough.
2013-07-22 03:58:39 PM  

give me doughnuts: Is it anything like the bribery scheme that lets you keep your drug prices high in the United States?

There's no bribery scheme here, it is all free market capitalism, everyone wants to screw the customer and entry cost to the market is too high for some young upstart to show up and start undercutting, oh and subverting just about every rule we /do/ have.
2013-07-23 07:44:38 AM  
insurance companies have been making mad profits yet still screwing as many customers as possible to keep a few pennies more. now all the big earners want to play in that ballpark.
2013-07-23 09:15:06 AM  
A little grease is fine and legal but cocksuckers always want to back up a tanker.
2013-07-23 05:03:23 PM  
Cao Cao would have executed them in the public square. Nothing less extreme will work in China, unfortunately.
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