Home Economics Glaxo says China drugs sales slump on bribery probe

Glaxo says China drugs sales slump on bribery probe

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Glaxo says China drugs sales slump on bribery probe (via AFP)

British pharmaceuticals giant GlaxoSmithKline announced on Wednesday a drop in quarterly net profits, while sales slumped in China where the group has been rocked by a state bribery probe. Profit after tax dropped 12 percent to £969 million in the…

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