China investigators visit Roche sales office

May 22, 2014 3:14 pm
China investigators visit Roche sales office/AFP
China investigators visit Roche sales office/AFP

, GENEVA, May 22- Swiss pharmaceuticals giant Roche said Thursday Chinese investigators had paid a visit to its offices in the eastern city of Hangzhou, amid a crackdown on corruption in the country’s healthcare sector.

Roche said that the reason for the visit to its sales offices in the eastern city of Hangzhou on May 21 remained unclear.

“We will collaborate fully with authorities for any inquiries,” the world-leader in cancer drugs said in a statement, adding that its main sites in Beijing and Shanghai, had not received similar visits.

The Hangzhou visit was carried out by a local unit of China’s State Administration for Industry and Commerce (SAIC), a regulator that often probes corruption cases.

China has initiated sweeping probes into alleged malpractice by foreign companies in various sectors, and against the backdrop of an anti-graft campaign backed by President Xi Jinping to root out official corruption.

Last week, authorities in the country accused top GlaxoSmithKline executives of bribery and corruption, following a 10-month probe into the embattled British drugmaker.

In addition to GSK, pharmaceutical giants including Germany’s Merck, Switzerland’s Novartis and US based Baxter have been involved in a far reaching pricing probe, while France’s Sanofi is also being investigated over allegations that it bribed more than 500 doctors.

China’s healthcare sector is widely considered to be riddled with graft, given the opaque tendering system for drugs and doctors’ low salaries.


Latest Articles

Most Viewed