China bribery scandal snares Sino Biopharm

The Chinese said they wouldn't ignore home-grown corruption in pharma. Now, that promise is fulfilled. State-owned television network CCTV broadcast bribery allegations against a unit of Sino Biopharmaceutical, saying the company sent doctors on vacations abroad to boost sales of its drugs. Meanwhile, a smaller, privately held drugmaker, Gan & Lee Pharmaceuticals, says it's looking into allegations that it spent 800 million yuan ($130.7 million) to bribe doctors over a 5-year period, Reuters reports. Story